Operation Manual

Appendix B: Reference Information 383
Iterate from m = 1 to pmt2
then:
Balance, principal, and interest are dependent on the values of
PMT, PV, æ, and pmt1 and pmt2.
Cash Flow
where:
Net present value is dependent on the values of the initial cash flow (CF
0
), subsequent cash flows (CFj),
frequency of each cash flow (nj), and the specified interest rate (i).
irr() = 100  i, where i satisfies npv() = 0
Internal rate of return is dependent on the values of the initial cash flow (CF
0
) and subsequent cash
flows (CFj).
i = I%  100
Interest Rate Conversions
where:
RND
= round the display to the number of decimal places
selected
RND12
= round to 12 decimal places
4
Eff
=
where:
x
=.01  Nom  CP
4Nom
=
where:
x
=.01  Eff
Eff
= effective rate
CP
= compounding periods
Nom
= nominal rate
I
m
RND RND12
–
i bal m 1–=
bal m bal m 1–I
m
– RND PMT+=

bal( ) bal pmt2=
Prn( ) bal pmt2bal pmt1–=
Int( ) pmt2 pmt1–1+RND PMTPrn( )–=
npv( ) CF
0
CF
j
1 i+
-
S
j
1–
11i+
-
n
j
–
i
----------------------------------
j 1=
N

+=
S
j
n
i
i 1=
j

j 1
0 j 0=





=
100 (e
CP x 1+ln
1)–
100 CP [ e
1 CP x 1+ln
1 –