Answer
Nov 05, 2024 - 02:50 AM
To perform time value of money (TVM) calculations using the Casio FC-200V-2 Financial Consultant Calculator, follow these steps:
1. Press the "MODE" button to enter the mode selection menu.
2. Use the arrow keys to navigate to the "FIN" (financial) mode and press the "EXE" button to select it.
3. Once in the financial mode, you can access the TVM functions by pressing the corresponding buttons on the calculator. Here are the key TVM functions:
- PV (Present Value): Press the "PV" button to calculate the present value. Enter the interest rate, number of periods, and future value, and then press the "COMP" button to calculate the present value.
- FV (Future Value): Press the "FV" button to calculate the future value. Enter the interest rate, number of periods, and present value, and then press the "COMP" button to calculate the future value.
- I% (Interest Rate): Press the "I%" button to calculate the interest rate. Enter the present value, future value, and number of periods, and then press the "COMP" button to calculate the interest rate.
- N (Number of Periods): Press the "N" button to calculate the number of periods. Enter the present value, future value, and interest rate, and then press the "COMP" button to calculate the number of periods.
4. After entering the required values for the TVM calculation, press the "COMP" button to calculate the result. The result will be displayed on the calculator's screen.
Please note that these instructions provide a general overview of how to use the TVM functions on the Casio FC-200V-2 calculator. For more detailed instructions and examples, refer to the user manual provided with the calculator.
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