Different Values for BAL and FV

The computed value for BAL following a specified number of payments

might be different than the computed value for FV following the same

number of payments.

• When solving for BAL, PRN, and INT, the calculator uses the PMT

value rounded to the number of decimal places specified by the

decimal format.

• When solving for FV, the calculator uses the unrounded value for

PMT.

Entering, Recalling, and Computing TVM Values

• To enter a TVM value, key in the value and store it by pressing a TVM

key (,, -, ., /, 0).

• To display a stored TVM value, press J and a TVM key.

You can enter or recall a value for any of the five TVM variables (N, I/Y,

PV, PMT, or FV) in either the standard calculator mode or a worksheet

mode. The information displayed depends on which mode is selected.

• In standard calculator mode, the calculator displays the variable

label, the = sign, and the value entered or recalled.

Time-Value-of-Money and Amortization Worksheets 25

• In worksheet modes the calculator displays only the value you enter

or recall, although any variable label previously displayed remains

displayed.

Note: You can tell that the displayed value is not assigned to the

displayed variable, because the = indicator is not displayed.

To compute a TVM value, press % and a TVM key in standard-calculator

mode.

Using [xP/Y] to Calculate a Value for N

1. Key in the number of years, and then press & Z to multiply by

the stored P/Y value. The total number of payments appears.

2. To assign the displayed value to N for a TVM calculation, press ,.

Entering Cash Inflows and Outflows

The calculator treats cash received (inflows) as a positive value and cash

invested (outflows) as a negative value.

• You must enter cash inflows as positive values and cash outflows as

negative values.

• The calculator displays computed inflows as positive values and

computed outflows as negative values.

Generating an Amortization Schedule

The Amortization worksheet uses TVM values to compute an

amortization schedule either manually or automatically.

Generating an Amortization Schedule Manually

1. Press & \. The current P1 value appears.

2. To specify the first in a range of payments, key in a value for P1 and

press !.

3. Press #. The current P2 value appears.

4. To specify the last payment in the range, key in a value for P2 and

press !.

5. Press # to display each of the automatically computed values:

• BAL— the remaining balance after payment P2

• PRN— the principal

• INT— the interest paid over the specified range

6. Press & \.

— or —

If INT is displayed, press # to display P1 again.

7. To generate the amortization schedule, repeat steps 2 through 5 for

each range of payments.

The computed value for BAL following a specified number of payments

might be different than the computed value for FV following the same

number of payments.

• When solving for BAL, PRN, and INT, the calculator uses the PMT

value rounded to the number of decimal places specified by the

decimal format.

• When solving for FV, the calculator uses the unrounded value for

PMT.

Entering, Recalling, and Computing TVM Values

• To enter a TVM value, key in the value and store it by pressing a TVM

key (,, -, ., /, 0).

• To display a stored TVM value, press J and a TVM key.

You can enter or recall a value for any of the five TVM variables (N, I/Y,

PV, PMT, or FV) in either the standard calculator mode or a worksheet

mode. The information displayed depends on which mode is selected.

• In standard calculator mode, the calculator displays the variable

label, the = sign, and the value entered or recalled.

Time-Value-of-Money and Amortization Worksheets 25

• In worksheet modes the calculator displays only the value you enter

or recall, although any variable label previously displayed remains

displayed.

Note: You can tell that the displayed value is not assigned to the

displayed variable, because the = indicator is not displayed.

To compute a TVM value, press % and a TVM key in standard-calculator

mode.

Using [xP/Y] to Calculate a Value for N

1. Key in the number of years, and then press & Z to multiply by

the stored P/Y value. The total number of payments appears.

2. To assign the displayed value to N for a TVM calculation, press ,.

Entering Cash Inflows and Outflows

The calculator treats cash received (inflows) as a positive value and cash

invested (outflows) as a negative value.

• You must enter cash inflows as positive values and cash outflows as

negative values.

• The calculator displays computed inflows as positive values and

computed outflows as negative values.

Generating an Amortization Schedule

The Amortization worksheet uses TVM values to compute an

amortization schedule either manually or automatically.

Generating an Amortization Schedule Manually

1. Press & \. The current P1 value appears.

2. To specify the first in a range of payments, key in a value for P1 and

press !.

3. Press #. The current P2 value appears.

4. To specify the last payment in the range, key in a value for P2 and

press !.

5. Press # to display each of the automatically computed values:

• BAL— the remaining balance after payment P2

• PRN— the principal

• INT— the interest paid over the specified range

6. Press & \.

— or —

If INT is displayed, press # to display P1 again.

7. To generate the amortization schedule, repeat steps 2 through 5 for

each range of payments.