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Casio 9860 Instructions

Self-guided instructions – tvm mode

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Casio 9860 Self-Guided Instructions – TVM Mode
Instructions
Screenshots
Using TVM:
TVM stands for 'Time, Value, Money'. TVM is the Financial Mode on the calculator. However, Financial
Mathematics questions can also be performed in RUN, EQUA and SSHT modes.
TVM is fantastic for investigating financial scenarios and is very easy to use when dealing with annuity
investment and loan scenarios. However, it is important to realize TVM is essentially a 'black-box' ...
a number-in, number-out 'machine'. It is therefore mathematically wise to expose students to using at least RUN
and EQUA in addition to TVM when dealing with financial mathematics over the full duration of a course. There
are excellent PD resources at
http://www.casioed.net.au/services/tuition/fx9860/fx9860_tuition.php
which include
easy-to-follow worksheets, instructions, and videos on financial mathematics which deal with RUN, EQUA and
SPREADSHEET Modes.
Below are instructions that will get you started with TVM. There are different sets of protocols by which TVM can
be used. The protocol outlined below is very easy to follow.
Fig1
(Fig1)
Press MENU, scroll to TVM, EXE, then press F2 for Compound Interest
Note that numbers will appear on this screen from previous calculations. Pay no attention to these numbers.
Casio 9860 Graphic Calculator
Self – Guided Instructions
TVM Mode
© Richard Andrew / Stuart Palmer 2008
1

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Summary of Contents for Casio 9860

  • Page 1 Screenshots Using TVM: TVM stands for 'Time, Value, Money'. TVM is the Financial Mode on the calculator. However, Financial Mathematics questions can also be performed in RUN, EQUA and SSHT modes. TVM is fantastic for investigating financial scenarios and is very easy to use when dealing with annuity investment and loan scenarios.
  • Page 2 • a regular payment from you of $260: PMT = -260 • investing $50 000: PV = -50 000 • an investment that will be worth $100 000 in 10 years time: FV = 100 000 Casio 9860 Graphic Calculator Self – Guided Instructions TVM Mode...
  • Page 3 P/Y and C/Y = 1; the interest compounds once a year. P/Y and C/Y are always equal. Now press F2 for the interest rate (Fig6) Casio 9860 Graphic Calculator Check your entries with Fig5. Self – Guided Instructions TVM Mode...
  • Page 4 What single investment (earning the same rate of compound interest for 20 years) would give the same future value as the repeated investments in example 1a? Enter the values as they appear in the question, pressing EXE after each entry. Casio 9860 Graphic Calculator Check your entries with Fig8. Check your entries with Fig11.
  • Page 5 TVM. For further and more advanced information including practice questions refer to the manual 'Mathematics with a Graphics Calculator – Casio fx-9860 AU' by Barry Kissane & Marian Kemp, available at http://www.casioed.net.au/downloads/books/fx9860/orderBarryBook.pdf Casio 9860 Graphic Calculator Self –...