Financial - Brother GeoBook NB-60 Getting Started Manual

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Financial
The Financial button gives you nine worksheets
for managing
your assets and •
loans. The worksheets
perform these calculations:
• Compound
Term: Calculates the time for a present value to reach a
future
value
using
a compounding
interest rate.
• Double-Declining
Bal_mce: Calculates the depreciation
of an asset
using the double-declining
balance method.
Future
Value:
Calculates
the future
value
of a series
of fixed
payments
subject
to a compounding
interest
rate.
Payment:
Calculates
the periodic
payment
amount
required
to pay
off a loan over a specified
time.
• Present Value: Calculates the present value of a stream of payments
subject to a compounding interest rate.
Compound
Rate:
Calculates
the compounding
interest
rate required
for
a present
value to reach a future
value
in a specified
period
of time.
Straight-Line
Depredation:
Calculates
the depreciation
of an asset
using
the straight-line
depreciation
method.
Sum-of-Years
Depreciation:
Calculates
the depreciation
of an asset
using
the sum-of-years'
digits depreciation
method.
Term
of Payments:
Calculates
the time for a stream
of fixed
alue.
Calculator
124

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