Casio fx-9860GII Instruction Manual page 39

3. On this screen, n = number of monthly payment periods.
Therefore, enter 3 x 12 and press
interest rate, so enter 5.99. PV = principal or present
value. Enter as 23599 – (23599 x .1) since the value of
the car loan is 23599 minus the 10% down payment.
Leave PMT at 0 since that is the value being calculated.
FV should be 0 since the car will be paid off at the end
of the loan. P/Y should be 12 since there are 12 months
in a year. Therefore, fill in the values as shown on the
right and press
4. Christina's car payment is $646.04.
.
l
r (PMT).
. I% = annual