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Casio fx-9750G PLUS User Manual

Page 361

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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 calculation of

installments at the beginning of each month.

5

(

FV

)

u

u

u

u

u

Installment amount

Example

Calculate the amount required for each installment to
accumulate a total of $10,000 in 5 years at an annual interest
rate of 6%, compounded semiannually.

In the set up screen, specify “

End” for Payment, “Norm1” for Display, and then

press J.

Perform the following key operations from the input screen.

f*bcw

(Input

n

= 5

× 12.)

gw

(

I

= 6.0%)

aw

(

PV

= 0)

c

baaaaw

(

FV

= 10,000)

bcw

(Monthly installments)

cw

(Semiannual compounding)

4

(

PMT

)

Compound Interest Calculations

19 - 3

P.7
P.6

P.7

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