User`s guide

Additional Examples
149
Figure 20 Cash flow diagram
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When compounding occurs only once per year, the effective rate and the nominal rate are
the same.
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Table 13-20 Calculating the annual effective rate
Keys Display Description
d\Ó
9.00 Stores annual nominal rate.
JG\Í
12.00 S t o res num b er of comp o u nd ing
periods used with this nominal
rate.
\Ð
9.38 Calculates annual effective rate.
Ò
9.38 Stores effective rate as annual
rate.
Table 13-21 Calculating the amount required at the start
Keys Display Description
J\Í
1.00 Sets 1 payment per year.
JV:::
Ì
15,000.00 Stores annual withdrawal.
YÙ
4.00 Stores number of withdrawals.
:É
0.00 Stores balance at the end of four
years.
Ï
-52,713.28 Calculates the amount required
when your daughter starts
college.