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E-45
A Setting Values
No. Display Name
Values Used
in Examples
1 Set*
1
Payment Period (Payment) End
2 n Number of Payments 48
3 I Interest Rate 4%
4 PV Present Value (Principal) –$1,000
5 PMT Payment Amount –$300
Future Value (Principal and
6 FV Interest, or Final Payment $16,760
Amount)
7 P/Y
Number of Annual Payments
12
(PMT)
8 C/Y*
2
Number of Annual
12
Compoundings
*
1
• For information about specifying the payment period,
see the “Payment” item under “Configuring Settings”
on page E-16.
• In the case of compound interest calculations, you can
also use the compound interest mode (dn) setting on
the setup screen for interest calculations of odd (partial)
months. See the explanation of the compound interest
mode (dn) setting (page E-16) for more information.
*
2
Specify 2 for semiannual compound interest, or 12 for
monthly compound interest.
Note
• After specifying the 1 Payment Period (Payment) and
inputting values for 7 Number of Annual Payments
(P/Y) and 8 Number of Annual Compoundings, you can
calculate any one of the following by inputting values for
the other four: Number of Payments, Interest Rate,
Principal, Payment Amount, Future Value (principal and
interest, or final payment amount).
• Input money paid out as a negative value, using the y
key to input the minus sign.
E