6 Getting Started
Compound
interest (pages
63, 219).
Press
VL followed by dates separated by R
to specify the compound interest option for odd-
period calculations of interest (i), Present Value (PV),
Payment (PMT), and Future Value (FV). Note the “C”
indicator appears. The default setting performs
calculations for PV, PMT, and FV using simple
interest. Press
VL again to return to the default
setting.
Payment mode
(page 46).
Press
Ug to set the payment mode for cash flow
problems. Use Begin mode for payments occurring at
the beginning of the compounding period. Note the
“BEGIN” indicator appears.
Press
Uh for payments occurring at the end of
the compounding period. End mode is the default
setting.
Table 1-1 Basic Functions
Functions Display/Description