Casio classpad 330 3.04 Manual De Usuario

20060301

Compound Interest lets you calculate interest based on compounding parameters you 
specify.

The following fields appear on the Compound Interest calculation page.

N

Number of installment periods

I%

Annual interest rate (as a percent)

PV

Present value (initial investment)

PMT

Amount paid each period

FV

Future value

P/Y

Number of installment periods per year

C/Y

Number of times interest is compounded per year

You can use the [Format] tab to change the following settings.

Odd Period: Compound (CI)
Payment Date: End of period

•  You can look at the status bar to see if it displays “CI” and “End”. If those are not displayed, you  
  can tap the status bar to switch the settings.

I Example  1 

What is the future value (FV) on a principal amount of $1,000 (PV = −1000) invested or 
borrowed for four years at 6% per annum, compounded yearly (C/Y = 1)? The entire payment 
is due at the end of three years so the amount paid each year (PMT) is 0 and the number of 
installment periods per year (P/Y) can be 1.