Time Value of Money (TVM)
Enter any four of the five values and solve for the fifth.
A negative sign in the display represents money paid out, and money received is positive.
Table 1-1 1 Keys for TVM calculations
Keys
]OJ
Ù
\Ú
Ò
Ï
Ì
É
\¯
\Í
If you borrow 14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the monthly
repayment?
Set to End mode. Press
Table 1-12 Calculating the monthly payment
Keys
]OJ
JG\Í
DS:Ù
J:Ò
JY:::Ï
6
At a Glance...
Description
Clears TVM memory and the current P_YR is
displayed.
Number of payments.
Multiplies a value by the number of payments
per year and stores as N.
Interest per year.
Present value.
Payment.
Future value.
Begin or End mode.
Number of payments per year mode.
\¯
if BEGIN annunciator is displayed.
TVM CLR (message flashes, then
disappears)
Display
Description
Clears TVM memory and
displays the current P_YR.
12.00
Sets payments per year.
360.00
Enters number of payments.
10.00
Enters interest per year.
14,000.00
Enters present value.