6 Contents
Compound Interest Calculations .................................................................. 41
Specifying the Number of Compounding Periods and the Periodic
Interest Rate ........................................................................................... 41
Calculating the Number of Payments or Compounding Periods ............ 41
Calculating the Periodic and Annual Interest Rates ............................... 45
Calculating the Present Value ................................................................ 46
Calculating the Payment Amount ........................................................... 48
Calculating the Future Value .................................................................. 49
Odd-Period Calculations......................................................................... 51
Amortization.................................................................................................. 54
Section 4: Additional Financial Functions...................................... 58
Discounted Cash Flow Analysis: NPV and IRR............................................ 58
Calculating Net Present Value (NPV)..................................................... 59
Calculating Internal Rate of Return (IRR)............................................... 63
Reviewing Cash Flow Entries................................................................. 64
Changing Cash Flow Entries .................................................................. 66
Bond Calculations......................................................................................... 67
Bond Price.............................................................................................. 67
Bond Yield .............................................................................................. 68
Depreciation Calculations............................................................................. 68
Section 5: Additional Operating Features....................................... 70
Continuous Memory ..................................................................................... 70
The Display................................................................................................... 70
Status Indicators..................................................................................... 70
Number Display Formats........................................................................ 71
Scientific Notation Display Format.......................................................... 72
Special Displays ..................................................................................... 73
The
~ Key................................................................................................ 74
The
F Key ............................................................................................... 74
Arithmetic Calculations With Constants.................................................. 75
Recovering From Errors in Digit Entry.................................................... 75
Section 6: Statistics Functions .......................................................... 76
Accumulating Statistics................................................................................. 76
Correcting Accumulated Statistics................................................................ 77
Mean............................................................................................................. 77
Standard Deviation....................................................................................... 78
Linear Estimation.......................................................................................... 79
Weighted Mean ............................................................................................ 81
Section 7: Mathematics and Number-Alteration Functions ....... 82
One-Number Functions ................................................................................ 82
The Power Function ..................................................................................... 84