Casio FX-9750G PLUS User's Manual & Technical Reference page 359

k k k k k Savings
u u u u u Future value
Example
Perform the following key operations from the input screen.
h.gw(
gw(
-faaw(
aw(
aw(
bw
bw(Annual compounding)
5(
u u u u u Principal
Example
Perform the following key operations from the input screen.
bw(Input
f.fw(
c
aw(
caaaaw(
bw
bcw(Monthly compounding)
3(
u u u u u Compound interest rate
Example
P.7
In the set up screen, specify "Begin" for Payment and then press J.
Calculate the future value after 7.6 years for a principal of $500
and an interest rate of 6%, compounded annually.
n
= 7.6 years)
I
= 6%)
PV
= –500)
PMT
= 0)
FV
= 0)
FV
)
Calculate the principal required at 5.5%, compounded monthly,
to produce a total of $20,000 in a year.
n
= 1.)
I
= 5.5%)
PMT
= 0)
FV
= 20,000)
PV
)
Calculate the interest required, compounded monthly, to
produce a total of $10,000 in 10 years on an initial investment
of $6,000.
Compound Interest Calculations
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