Financial Functions - Brother Ensemble PDP-300CJ Owner's Manual

Financial Functions

Function
CTERM
(interest, future
value, present value)
DDB
(cost, salvage, life,
period)
FV
(payments, interest,
term)
The formula used
by the FV function:
Appendix 362
7
Enter all values without spaces!
Description
compoundingterms
Interest
Future value
Presentvalue
Double-decliningbalance
book value
Book Value
Cost
Salvage
Life
Period
cumulative calculation.
future value
Payments
Interest
Be careful to enter the interest rate for the same
time period as the payments.
(1 + rate)
FV = payment x
Example
Period
Not a
payments Term
&
term –1
rate
.07 7%
returns
returns
returns
returns
returns
returns
returns