Casio FC-200V User Manual download pdf (Page 49)

E-47

3. Press l to perform the

calculation.

A Calculating the Number of Compound

Periods (n), Interest Rate (I%), Present

Value (Principal: PV), and Payment Amount

(PMT)

•Use the same procedure as shown under “Example 1”

(page E-46), substituting the required values.

A Calculating the Number of Months when a

Partial Month is Included

The following example shows how to calculate the number

of months (number of days/total days in the month) for the

number of compound periods (

n) when a partial month is

include.

Example 1: When the payment period is 16 months and

20 days

1. Use fc to select “

n”.

2. Input the division operation that divides the number of

days in the partial month (20 in this example) by the

total number of days in the month.

• This example assumes

that there are 30 days in

the month.

3. Add the number of full

months (16 in this example).

4. Press E.

Note

• This calculator always performs calculations assuming

that the partial month comes at the beginning of the

compound periods (

n).

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Casio FC-200V User Manual Page 49