Casio FC-200V/FC-100V Financial Consultant Supplementary Reader Part 2

About this manual

This document is a supplementary reader designed to support the User's Guide for the Casio FC-100V and FC-200V Financial Consultant calculators. It focuses specifically on Part 2 of a four-part series, offering practical examples for performing compound interest calculations (CMPD mode) and amortization tasks (AMRT mode). The guide utilizes a work-example approach to help users effectively utilize these financial modes.

What's inside

• Introduction
• Compound Interest with CMPD
• Doing Amortization with AMRT

Frequently asked questions

What is the purpose of the FC-200V compared to the FC-100V?

The FC-200V is an extended version of the FC-100V that includes Bond, Depreciation, and Break-Even Value functions.

How is the monthly installment calculated for a $100,000 mortgage loan at 6.25% interest over 25 years?

The monthly installment is about $659.70 when calculated with 300 periods, 6.25% interest, and a present value of (-)100,000.

What is the outstanding balance after 8 payments on a $5,000 loan amortized over 2 years at 7% interest?

The outstanding balance after 8 payments is approximately $3410.26.