Owner's Manual

iv
Contents
Overview of Calculator Operations 1
Turning On the Calculator
1
Turning Off the Calculator 1
Selecting 2nd Functions 2
Reading the Display 2
Setting Calculator Formats 4
Resetting the Calculator 6
Clearing Calculator Entries and Memories 6
Correcting Entry Errors 7
Math Operations 8
Memory Operations 12
Calculations Using Constants 14
Last Answer Feature 15
Using Worksheets: Tools for Financial Solutions 16
Time-Value-of-Money and Amortization Worksheets 21
TVM and Amortization Worksheet Variables
21
Entering Cash Inflows and Outflows 25
Generating an Amortization Schedule 25
Example: Computing Basic Loan Interest 26
Examples: Computing Basic Loan Payments 27
Examples: Computing Value in Savings 28
Example: Computing Present Value in Annuities 29
Example: Computing Perpetual Annuities 30
Example: Computing Present Value of Variable Cash Flows 31
Example: Computing Present Value of a Lease With Residual Value 33
Example: Computing Other MonthlyPayments 34
Example: Saving With Monthly Deposits 35
Example: Computing Amount to Borrow and Down Payment 36
Example: Computing Regular Deposits for a Specified Future Amount 37
Example: Computing Payments and Generating an Amortization Schedule 38
Example: Computing Payment, Interest, and Loan Balance After a Specified Pay-
ment 40
Cash Flow Worksheet 42
Cash Flow Worksheet Variables
42
Uneven and Grouped Cash Flows 43
Entering Cash Flows 44