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Description
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10B.book Page 26 Wednesday, June 21, 2000 5:19 PM

Annunciators

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10B.book Page 27 Wednesday, June 21, 2000 5:19 PM

FULL STAT

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4: Picturing Financial Problems
10B.book Page 46 Wednesday, June 21, 2000 5:19 PM

16,567.20

Up-arrows represent positive cash flows (money received).

5,000.00

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Down-arrows represent negative cash flows (money paid out).

-5,000.00

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.book Page 47 Wednesday, June 21, 2000 5:19 PM

Periods and Cash Flows

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FV= ? I/YR = 6.3% N = 360 (15 years 24 half-months) P/YR = 24
(Half-months periods) 3 4
PMT = -80.00 PV = -2,000.00
ook Page 62 Wednesday, June 21, 2000 5:19 PM
"B @ &@P $!F #B G
24.00 2,000.00 80.00 6.30 360.00 52,975.60
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PMT = ? 1 2

I/YR = 7% N = 600 (50 12) P/YR = 12

600 FV = 0

PV = -400,000.00 Begin Mode

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.book Page 63 Wednesday, June 21, 2000 5:19 PM

B "@ %F #B G P

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Lease Calculations

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10B.book Page 64 Wednesday, June 21, 2000 5:19 PM
FV = 7,500.00 PMT = ? 1 2
Money received by lessor is positive
I/YR = 10% N = 36 P/YR = 12 PV = -13,500.00 Begin Mode
Money paid out by lessor is negative

B F !#@ %#G !$ P

13,500.00 7,500.00 36.00 253.99
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10B.book Page 65 Wednesday, June 21, 2000 5:19 PM
Example: Lease With Advance Payments. <RXU FRPSDQ\ 4XLFN.LW 3ROH %DUQV SODQV WR OHDVH D IRUNOLIW IRU WKH ZDUHKRXVH 7KH OHDVH LV ZULWWHQ IRU D WHUP RI \HDUV ZLWK PRQWKO\ SD\PHQWV RI 3D\PHQWV DUH GXH DW WKH EHJLQQLQJ RI WKH PRQWK ZLWK WKH ILUVW DQG ODVW SD\PHQWV GXH DW WKH RQVHW RI WKH OHDVH <RX KDYH DQ RSWLRQ WR EX\ WKH IRUNOLIW IRU DW WKH HQG RI WKH OHDVLQJ SHULRG

10,000

7,500 5,000 5,000

IRR/YR

-28,000

D&@B3 BW

28,000.00 12.49
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Automatic Storage of IRR/YR and NPV
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Statistical Calculations

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7: Statistical Calculations
10B.book Page 86 Wednesday, June 21, 2000 5:19 PM
Entering Statistical Data
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One-Variable Statistics

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& BB B B

0.18 1.20 19.72 19.72 12.00 18.14

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#B #@P "#% &@ G

180.00 250.00

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4,572.80

297,640.27
Yield of a Discounted (or Premium) Mortgage
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8: Additional Examples 99
10B.book Page 100 Wednesday, June 21, 2000 5:19 PM
Example. $Q LQYHVWRU ZLVKHV WR SXUFKDVH D PRUWJDJH WDNHQ
RXW DW IRU \HDUV 6LQFH WKH PRUWJDJH ZDV LVVXHG PRQWKO\ SD\PHQWV KDYH EHHQ PDGH 7KH ORDQ LV WR EH SDLG LQ IXOO D EDOORRQ SD\PHQW DW WKH HQG RI LWV ILIWK \HDU :KDW LV WKH \LHOG WR WKH SXUFKDVHU LI WKH SULFH RI WKH PRUWJDJH LV "
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12.00 9.00 240.00

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B 'F B @ G P

100,000.00 0.00 899.73
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899.73

60.00 88,706.74
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100 8: Additional Examples
10B.book Page 101 Wednesday, June 21, 2000 5:19 PM
Step 3. (QWHU DFWXDO FXUUHQW YDOXHV IRU 1 DQG 39 WKHQ ILQG WKH QHZ
,<5 IRU WKH GLVFRXQWHG PRUWJDJH ZLWK EDOORRQ

(" %'@ F

18.00 79,000.00 20.72
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Part 2. <RXU FRPSDQ\V UHJXODU SD\UROO LV JHQHUDWHG HYHU\ RWKHU )ULGD\ 7KH EDQN DJUHHV WR DXWRPDWLFDOO\ GUDZ SD\PHQWV RI RXW RI HDFK SD\FKHFN DSSUR[LPDWHO\ KDOI RI ZKDW D PRQWKO\ SD\PHQW ZRXOG EH DQG DGMXVW WKH SD\PHQW SHULRG DFFRUGLQJO\ FRPSRXQGLQJ SHULRGV SHU \HDU :KDW ZRXOG EH WKH QHZ WHUP RI WKH ORDQ"
!###@P $B (B B #B P 4( (1
3,555.00 26.00 514.82 19.80
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8: Additional Examples 107
.book Page 108 Wednesday, June 21, 2000 5:19 PM

Savings

Saving for College Costs
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$15,000 I/YR = 9%

Year 1

Year 2

Year 3

Year 4

'B B B
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108 8: Additional Examples
10B.book Page 109 Wednesday, June 21, 2000 5:19 PM
:KHQ FRPSRXQGLQJ RFFXUV RQO\ RQFH SHU \HDU WKH HIIHFWLYH UDWH DQG WKH QRPLQDO UDWH DUH WKH VDPH

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8: Additional Examples 111
10B.book Page 112 Wednesday, June 21, 2000 5:19 PM
Value of a Taxable Retirement Account
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1.00 35.00

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112 8: Additional Examples
10B.book Page 113 Wednesday, June 21, 2000 5:19 PM

Cash Flow Examples

Wrap-Around Mortgages
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Warranty on Service

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124 A: Assistance, Batteries, and Service
10B.book Page 125 Wednesday, June 21, 2000 5:19 PM

Service Agreements

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Regulatory Information

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A: Assistance, Batteries, and Service 125
Disposal of Waste Equipment by Users in Private Household in the European Union
This symbol on the product or on its packaging indicates that this product must not be disposed of with your other household waste. Instead, it is your responsibility to dispose of your waste equipment by handing it over to a designated collection point for the recycling of waste electrical and electronic equipment. The separate collection and recycling of your waste equipment at the time of disposal will help to conserve natural resources and ensure that it is recycled in a manner that protects human health and the environment. For more information about where you can drop off your waste equipment for recycling, please contact your local city office, your household waste disposal service or the shop where you purchased the product.

A: Assistance, Batteries, and Service 127
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appendix_B.fm Page 129 Thursday, June 22, 2000 12:33 PM

More About Calculations

IRR/YR Calculations
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Possible Outcomes of Calculating IRR/YR
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B: More About Calculations 129
appendix_B.fm Page 130 Thursday, June 22, 2000 12:33 PM
n Case 5. 7KH FDOFXODWRU GLVSOD\V No Solution 7KHUH LV QR DQVZHU
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R *!*9

Entering a Guess for IRR/YR

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132 B: More About Calculations
appendix_B.fm Page 133 Thursday, June 22, 2000 12:33 PM
)RU HDFK SD\PHQW DPRUWL]HG ,17
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P YR 120 = 1 + ----------------------------- 3 <5
B: More About Calculations 133
.fm Page 134 Thursday, June 22, 2000 12:33 PM

Cash-Flow Calculations

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134 B: More About Calculations
.fm Page 135 Thursday, June 22, 2000 12:33 PM

Statistics

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B: More About Calculations 135
.fm Page 136 Thursday, June 22, 2000 12:33 PM
appendix_C.fm Page 137 Sunday, June 25, 2000 4:17 PM
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Add 15% to $17.50.H\V

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Quick Reference Guide

Find the margin if cost is $15.00 and selling price is $22.00.

15U 22 {

If the cost is $20.00 and the markup is 33%, what is the selling price?

20U 33;

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Enter any four of the five values and solve for the fifth. A negative sign in the display represents money paid out; money received is positive.

n L $ P M Hm H

Stores a constant operation. Stores a value in the M register (memory location). Recalls a value from the M register. Adds a value to the number stored in the M register. Stores a value in a numbered register. Recalls a value from a numbered register. 'LVSOD\
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 Hm if %(*,1 annunciator is displayed.H\V
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'HVFULSWLRQ Sets payments per year. Enters payments. Enters interest per year. Enters present value. Enters future value. Calculates payment if paid at end of period.
Multiply 17, 22, and 25 by 7, storing 7 as a constant operation.H\V

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Number of payments. Interest per year. Present value. Payment. Future value. Begin or End mode. Number of payments per year mode
Store 519 in register 2, then recall it.

519H?2 C :2

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It is not necessary to reenter TVM values for each example. Using the values from the previous page, how much can you borrow if you want a payment of $100.00?.H\V 'LVSOD\ 'HVFULSWLRQ Enters new payment amount. (Money paid out is negative.) $ Calculates amount you can borrow. How much can you borrow at a 9.5% interest rate? 9.5L Enters new interest rate. $ Calculates new present value for $100.00 payment and 9.5% interest. 10L Reenters original interest rate. 14000$ Reenters original present value. P Calculates original payment.

100FP

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After calculating a payment using Time Value of Money (TVM), enter the periods to amortize and press H!. Then press =to continually cycle through the interest, principal, and balance values (indicated by the 35,1 , ,17 , and %$/ annunciators respectively). Using the TVM example from the previous page, amortize a single payment and then a range of payments. Amortize the 20th payment of the loan.H\V

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Amortize the 1st through 12th loan payments.

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Enters range of periods to amortize. Displays range of payments. Displays principal. Displays interest. Displays balance.
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To convert between nominal and effective interest rates, enter the known rate and the number of periods per year, then solve for the unknown rate.

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Nominal interest percent. Effective interest percent. Periods per year.
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Find the annual effective interest rate of 10% nominal interest compounded monthly.H\V 'LVSOD\ 'HVFULSWLRQ 10H& Enters nominal rate. 12H Enters payments per year. Hx Calculates annual effective interest.
If you have an initial cash outflow of $40,000, followed by monthly cash inflows of $4,700, $7,000, $7,000, and $23,000, what is the IRR/ YR? What is the IRR per month?.H\V

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'HVFULSWLRQ Clears all memory. Sets payments per year. Enters initial outflow. Enters first cash flow. Enters second cash flow. Enters number of consecutive times cash flow occurs. Enters third cash flow. Calculates IRR/YR. Calculates IRR per month. Enters I/YR. Calculates NPV.

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Clear statistical registers. Enter one-variable statistical data. Delete one-variable statistical data. Enter two-variable statistical data. Delete two-variable statistical data. Means of x and y. Mean of x weighted by y. Sample standard deviations of x and y. Population standard deviations of x and y. Estimate of x and correlation coefficient. Estimate of y. y-intercept and slope.
Number of periods per year (default is 12). Cash flows, up to 15 ( j is the cash flow number). Number of consecutive times cash flow j occurs. Internal rate of return per year. Net present value.

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What is the NPV if the discount rate is 10%?

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