Victor Technology V12 Manual Do Utilizador

stored in R

1

.  If used again in the same cash flow problem, the contents of the 

x-register are stored in first R

2

, then R

3

, R

4

, and so on.     

 
Example 
You want to buy a yacht for $23,000 and rent it to a skipper for a share of tour 
revenue.  You expect cash flows of the initial cost ($23,000), ($5000) in the first 
year for repairs, +$10,000 in the second year from tours, +$15,000 in the third 
year, $17,000 in the fourth year, and then you expect to sell the yacht in the 
fifth year for $19,000.  Your expected rate of return is 15%. 
 

ENTRIES DISPLAY 

 b    REG 

0.00 
Clears the x register 

23000   CHS    r    CF

0

 

-23,000.00 
Stores the initial cash outflow to buy the yacht 

5000   CHS    r    CF

j

 

-5,000.00 
Stores the first year cash flow 

10000  r    CF

j

 

10,000.00 
Stores the second year cash flow 

15000  r    CF

j

 

15,000.00 
Stores the third year cash flow 

17000  r    CF

j

 

17,000.00 
Stores the fourth year cash flow 

19000  r    CF

j

 

19,000.00 
Stores the final cash inflow at time of sale 

RCL   n

.

 

5.00 
Displays the number of cash flows entered after 
the initial 

15    i

.

 

15.00 
Stores the expected rate of return 

 b   NPV 

9,242.52 

 
Since NPV is positive, this investment would be attractive. 
 
Grouped Cash Flows 
It is possible to calculate NPV for 80 unique cash flows using the   CFj key.  In 
addition, the number of cash flows included in a calculation can go beyond 80