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MONROE TRADER II 
 
 36
EXAMPLE:   
What semi-annual deposit is required to accumulate $50,000.00 in 15 years at 8% 
compounded semi-annually?  The account is opened with and initial deposit of $500.00. 
 
 
ENTER PRESS RESULTS 
DISPLAYED 
 
  
  COUPON 
Coupon 
Rate 
9.000% 
 
  
  COUPONS 
Componds/Year 
 
   
PER 
YEAR 
 
 
 
30   
Number of Periods 30 
 
 
 
500  
PRESENT 
Present Value 500.00 
 
   
VALUE 
 
 
 
50000 
FUTURE 
Future Value 50,000.00 
 
   
VALUE 
 
 
 
 
 
PAYMENT 
Payment Amount  788.88 
 
NUMBER OF PERIODS 
The  N key calculates the number of payments to obtain a future value or the number of compound 
periods required for a present value to obtain a future value.  (when computing Number of Periods the 
result is always displayed without a fraction, N is not rounded in any way.  In some cases, this will cause 
the number of payments to be one less than the actual number of periods.) 
 
EXAMPLE:  
How many monthly deposits of $200.00 are required  to accumulate $20,00.00 at 5.75% 
compounded monthly? 
 
 
ENTER PRESS RESULTS 
DISPLAYED 
 
  
5.75  COUPON 
Coupon 
Rate 
5.750% 
 
  
12 
  COUPONS 
Coupons/Year 
12. 
 
   
PER 
YEAR 
 
 
 
0   
PRESENT 
Present Value 0.00 
 
   
VALUE 
 
 
 
20000 
FUTURE 
Future Value 20,000.00 
 
   
VALUE 
 
 
 
200  
PAYMENT 
Payment Amount 200.00 
 
 
 
 
 
Number of Periods 82