Casio CFX-9850G PLUS Owner's Manual

Download or browse on-line these Calculations Manual for Casio CFX-9850G PLUS Calculator.

Casio CFX-9850G PLUS Manual Information:

This manual for Casio CFX-9850G PLUS, given in the PDF format, is available for free online viewing and download without logging on. The guide contains 30 pages, and the size of the file at download is 0.32 Mb. The document type is Calculations Manual.

Download Manual

More Manuals:

In case you failed to obtain relevant information in this document, please, look through related operating manuals and user instructions for Casio CFX-9850G PLUS. Just click one of the links below to go to the selected manual:

Summary of Contents:

[Page 1] Casio CFX-9850G PLUS

Chapter 19 Financial Calculations 19-1 Before Performing Financial Calculations 19-2 Simple Interest Calculations 19-3 Compound Interest Calculations 19-4 Investment Appraisal 19-5 Amortization of a Loan 19-6 Conversion between Percentage Interest Ra...

[Page 2] Casio CFX-9850G PLUS

322 19-1 Before Performing Financial Calculations The Financial Mode provides you with the tools to perform the following types of financial calculations. •Simple interest •Compound interest •Investment appraisal (Cash Flow) •Amortization •...

[Page 3] Casio CFX-9850G PLUS

323 •Drawing a financial graph while the Label item is turned on, displays the label CASH for the vertical axis (deposits, withdrawals), and TIME for the horizontal axis (frequency). • The number of display digits applied in the Financial Mode is...

[Page 4] Casio CFX-9850G PLUS

324 19-2 Simple Interest Calculations This calculator uses the following formulas to calculate simple interest. 365-day Mode SI' = n 365 × PV × i SI' = n 360 × PV × i I% 100 i = I% 100 i = SI :interest n : number of interest 360-day M...

[Page 5] Casio CFX-9850G PLUS

325 Now you can perform the following key operations to return to the input screen and then display the principal plus interest. 1(REPT) (Returns to the input screen) 2(SFV) You can also press 6 to draw a cash flow graph. 6(GRPH) The left side is PV,...

[Page 6] Casio CFX-9850G PLUS

326 19-3 Compound Interest Calculations This calculator uses the following standard formulas to calculate compound interest. uu uu uFormula I PV+PMT × + FV i(1+ i) n (1+ i) n (1+ i × S)[(1+ i) n –1] 1 = 0 i = 100 I % Here: PV= –(PM...

[Page 7] Casio CFX-9850G PLUS

327 n PMT = – PV + FV PMT n = – PV + FV •A deposit is indicated by a plus sign (+), while a withdrawal is indicated by a minus sign (–). uu uu uConverting between the nominal interest rate and effective interest rate The nominal interest ...

[Page 8] Casio CFX-9850G PLUS

328 19 - 3 Compound Interest Calculations PMT ............... payment for each installment (payment in case of loan; deposit in case of savings) FV .................. future value (unpaid balance in case of loan; principal plus interest in case of sa...

[Page 9] Casio CFX-9850G PLUS

329 Now you can press 6 to draw a cash flow graph. 6(GRPH) The left side is PV, while the right side is FV. The upper part of the graph is positive (+), while the bottom part is negative (–). uu uu uInstallment savings Input Condition: Future value...

[Page 10] Casio CFX-9850G PLUS

330 Example Calculate the interest rate required to repay a $2,300 balance on a loan in two years paying back $100 per month, when interest is compounded monthly. Perform the following key operations from the input screen. c*bcw(Input n = 2 × 12.)...

[Page 11] Casio CFX-9850G PLUS

331 kk kk k Savings uu uu uFuture value Example Calculate the future value after 7.6 years for a principal of $500 and an interest rate of 6%, compounded annually. Perform the following key operations from the input screen. h.gw(n = 7.6 years) gw(I...

[Page 12] Casio CFX-9850G PLUS

332 Perform the following key operations from the input screen. baw(Input n = 10.) c -gaaaw(PV = –6,000) aw(PMT = 0) baaaaw(FV = 10,000) bw bcw(Monthly compounding) 2(I%) uu uu uCompound interest period Example Calculate the amount of time requir...

[Page 13] Casio CFX-9850G PLUS

333 Perform the following key operations from the input screen. f*bcw(Input n = 5 × 12.) gw(I = 6.0%) aw(PV = 0) -cfaw c bcw(Monthly installments) (Monthly compounding) 5(FV ) Specifying “Begin” for Payment in the set up screen changes to calcul...

[Page 14] Casio CFX-9850G PLUS

334 uu uu uNumber of installments Example Calculate the number of monthly $84 installments required to accumulate a total of $6,000 at an annual interest rate of 6%, compounded annually. In the set up screen, specify “End” for Payment and then ...

[Page 15] Casio CFX-9850G PLUS

335 Perform the following key operations from the input screen. b*bcw(Input n = 1 × 12.) e.fw -baaaw(PV = –1,000) -faaw(PMT = –500) c bcw(Monthly installments) (Monthly compounding) 5(FV) uu uu uBorrowing power Example Calculate how much can b...

[Page 16] Casio CFX-9850G PLUS

336 uu uu uNumber of installments Example Calculate the number of years it will take to repay a $60,000 loan borrowed at 5.5%, compounded monthly, with monthly installments of $840. In the set up screen, specify “End” for Payment and then press...

[Page 17] Casio CFX-9850G PLUS

337 19-4 Investment Appraisal This calculator uses the discounted cash flow (DCF) method to perform invest- ment appraisal by totalling cash flow for a fixed period. This calculator can perform the following four types of investment appraisal. •Net...

[Page 18] Casio CFX-9850G PLUS

338 uu uu uPBP PBP is the value of n when NPV > 0 (when investment can be recovered). Press 3 (CASH) from the initial screen 1 to display the following input screen for investment appraisal. I% ................... interest rate Csh ..................

[Page 19] Casio CFX-9850G PLUS

339 Investment Appraisal 19 - 4 Perform the following key operations from the input screen. bbw( I% = 11) 6(List)2(List2) 1(NPV) Now you can press 6 to draw a cash flow graph. 6(GRPH) Pressing !1 (TRCE) activates trace, which can be used to look up t...

[Page 20] Casio CFX-9850G PLUS

340 19 - 4 Investment Appraisal On the Main Menu, select the LIST icon to enter the LIST Mode and perform the following key operations. ee(List 3) -baaaaw caaaw ceaaw ccaaw caaaw biaa+daaaw Return to the Main Menu by pressing m. Select the TVM icon ...

[Page 21] Casio CFX-9850G PLUS

341 Investment Appraisal 19 - 4 19-5 Amortization of a Loan This calculator can be used to calculate the principal and interest portion of a monthly installment, the remaining principal, and amount of principal and interest repaid up to any point. ...

[Page 22] Casio CFX-9850G PLUS

342 The following calculation is performed after conversion from the nominal interest rate to the effective interest rate, and the result is used for all subsequent calculations. i = I%'÷100 Press 4 (AMT) from the initial screen 1 to display t...

[Page 23] Casio CFX-9850G PLUS

343 Amortization of a Loan 19 - 5 Perform the following key operations from the input screen. bf*bcw (Input n = 15 × 12.) g.fw beaaaaw (PV = 140,000) c aw (FV = 0) bcw(Monthly installments) cw(Semiannual compounding) 4(PMT) Pressing 4(AMT) displays...

[Page 24] Casio CFX-9850G PLUS

344 19 - 5 Amortization of a Loan Calculate Σ INT from installment 24 to 49. 1 (REPT) 4 (ΣINT) Calculate ΣPRN. 1 (REPT) 5 (ΣPRN) Now you can press 6 to draw a cash flow graph. 6(GRPH) •Trace can be activated following the calculation. Pressing ...

[Page 25] Casio CFX-9850G PLUS

345 P. 6 19-6 Conversion between Percentage Interest Rate and Effective Interest Rate Press 5 (CNVT) in the Financial 1 screen to display the following input screen for interest rate conversion. n ...................... number of compoundings I% .......

[Page 26] Casio CFX-9850G PLUS

346 Example Calculate the annual percentage rate for an account paying an effective interest rate of 12.55%, compounded quarterly. In the set up screen, specify “Norm1” for Display and then press J. Perform the following key operations from the...

[Page 27] Casio CFX-9850G PLUS

347 19-7 Cost, Selling Price, Margin Calculations Cost, selling price, or margin can be calculated by inputting the other two values. CST = SEL 100 MAR 1– SEL = 100 MAR 1– CST MAR(%) = SEL CST 1– × 100 Press 1 (COST) from the initial scr...

[Page 28] Casio CFX-9850G PLUS

348 kk kk k Selling Price Example Calculate the selling price for a cost of $1,200 and a margin of 45%. Perform the following key operations from the input screen. bcaaw(Cst = 1,200) c efw(Mrg = 45) 2(SEL) kk kk k Margin Example Calculate the mar...

[Page 29] Casio CFX-9850G PLUS

349 19-8 Day/Date Calculations You can calculate the number of days between two dates, or you can determine what date comes a specific number of days before or after another date. Press 2 (DAYS) from the initial screen 2 to display the following inpu...

[Page 30] Casio CFX-9850G PLUS

350 Perform the following key operations from the input screen. i.aibjghw (d1 = August 8, 1967) h.bfbjhaw (d2 = July 15,1970) 1(PRD) Prd .................. number of days Example Determine the date that is 1,000 days after June 1, 1997. Note that t...