By pressing these built-in Direct Mode Keys, you can swiftly enter into exclusive modes when executing each financial calculation. The FC-200V incorporates a full-dot 4-line display allowing easy input, confirmation, change and correction of each parameter. They also offer the very convenient 3-digit, comma-markers display function.
K E Y S
SMPL ---- Simple Interests
CMPD ---- Compound Interests
CASH ---- Cash Flow
AMRT ---- Amortization
COMP ---- Computing
STAT ---- Statistics and Regression
CNVR ---- Interest Rate Converter
COST ---- Costs, Price, Profit Margin
DAYS ---- Number of days, Dates
DEPR ---- Depreciation
BOND ---- Bond Price and yearly rentability
BEVN ---- Break Even Point
V A R I A B L E S
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SMPL (Simple Int.) : Simple Interests
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1] Set : Days in year, Date Mode (Act)
2] Dys : Number of Days, Number of Interest Period
3] I% : Interest Rate (Anual !!!!)
4] PV : Principal, Present Value
5] SI : Simple Interest (Solve)
6] SFV : Simple Future Value (Solve)
7] ALL : Display SI and SFV (Solve)
Comments : The Simple Interest Mode lets your calculate the interest amount and / or Simple Future Value (principal and interest amount).
So you can calculate :
The Simple Interests only (SI)
The Simple Future Value only (SFV)
The Simple Interest and the Simple Present Value (SI & SFV)
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CMPD (Compund Int.) : Compound Interests
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1] Set : Payment period (Payment)
2] n : Number of compound periods
3] I% : Interest rate
4] PV : Present Value
5] PMT : Payment Amount
6] FV : Future Value (Prncipal and Interest, or Final Amount)
7] P/Y : Number of Anual Payment (PMT = Payment Amount)
8] C/Y : Number of Annual Compunding
Comments : The Compound Interest (CM PD) Mode lets you calculate any one of the following values, by inputting values for the other four: number of compound periods, interest rate, principal, payment amount, and future value (principal and interest, or final payment amount).
Figure 1 :
The curves of this figure make the comparison between interests charges for 1 monetary unit borrowed for a period of time less than one year, for a period of time equal to one year, and for a period of time more than one year.
The conclusion are the following :
A) Less than one year : Simple Interests higher than Compound Interests
B) One year : Simple Interests equal to Compound Interests
C) More than one year : Simple Interests lower than Compound Interests
How to explain this figure. If the time period is higher than one year, compound interest rates return is higher than this of simple interest because in the case of compund interest, interests are capitalized.
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CASH (Cash Flow) : Cash Flow
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1] I% : Annual Interest
2] Csh : Push [EXE], for Data Editor, Fill in - CF0, CF1, CF2, CF3, ... and push [ESC]
3] NPV : Net Present Value (Solve)
4] IRR : Internal Rate of Return (Solve)
5] PBP : Pay Back Periods (Solve)
6] NFV : Net Futur Value (Solve)
Comments : The Cash Flow (CASH) mode calculates income and expenses over a fixed period, an the discounted cash flow (DCF) method investment appraisal. The following four items are appraised :
-1. NPV : Net Present Value
-2. IRR : Internal Rate of Return
-3. PBP : Payback Period
-4. NFV : Net Future Value
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AMRT (Amortization) : Amortization
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1] Set : Payment period
2] PM1 : Payment 1 (Number of Payments)
3] PM2 : Payment 2 (number of Payments)
4] n : Number of Compound Periods (Number of Months)
5] I% : Interest Rate (Annual)
6] PV : Principal
7] PMT : Payment amount
8] FV : Future Value (Ending Balance after Last Payment)
9] P/Y : Number of Annual Payments (PMT)
10] C/Y : Number of Annual Compoundings
11] BAL : Principal balance upon completion of payment PM2
12] INT : Interest Amount or Interest portion of payment PM1
13] PRN : Principal in PM1 or Principal portion of payment PM1
14] ΣINT : Total Interests Paid from PM1 to PM2
15] ΣPRN : Total Principal paid from PM1 to PM2
Comments : The Amortization (AMRT) Mode lets you calculate the principal balance, and the interest portion and principal portion of monthly payments, as well as interest and principal amounts paid to date.
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COMP ( .... ) : Computing
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Comments : This mode is the correct one to edit particular ans not previously programmed operations
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STAT (Type) : Statistics and Regression
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1] 1-VAR :
2] A+BX :
3] _+CX2 :
4] ln x :
5] e^x :
6] A*B^X :
7] 1/x :
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CNVR (Conversion) : Interest Rate Converter
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1] n : Number of annual compoundings
2] I% : Interest rate (Annual)
3] ► EFF : Effective Interest Rate (Solve)
4] ► APR : Face Value of the Interest Rate (Solve)
Comments : The Conversion (CNVR) Mode lets you convert between the nominal interest rate (APR) and effective interest rate(EFF).
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COST (Cst/ Sel/ Mrg) : Costs, Price, Profit Margin
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1] CST : Cost
2] SEL : Selling Price
3] MRG : Margin
Comments : The Cost/Sell/Margin (COST) Mode lets you calculate cost, selling price, or margin after inputting the other two values. You can input the cost and selling price, for example, and calculate the margin.
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DAYS (Days Calc.) : Number of days, Dates
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1] Set : Days in Year (Date Mode)
2] d1 : Starting date (Month, Day, Year)
3] d2 : Ending Date (Month, Day, Year)
4] Dys : Number of Days (Duration)
Comment : The Day Calculation (DAYS) Mode lets you calculate the number of dates from one date to another, the date that falls on a specific number of days after a starting date, and the date that falls on a specific number of data prior to an ending date. Starting date (dl) and ending date (d2) calculations are possible within the range of January 1, 1901 through December31, 2099.
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DEPR (Depreciation) : Depreciation
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1] n : Usefull Life
2] I% : Depreciation Ratio / Factor
3] PV : Present Value - Original Cost (Basis)
4] FV : Residual Book Value
5] j : Year for CalculationDepreciation Cost
6] YR1 : Number of Months in the First Year of Depreciation
7] SL : Depreciation for year j (SL = Straight Line Depreciation)
8] FP : Depreciation for year j (FP = Fixed Porcent Depreciation)
9] SYD : Depreciation for a given period (SYD = Sum of Yearly Digits Method)
10] DB : Depreciation for year j (DB = Declining Balance)
Comments : The Depreciation (DEPR) Mode lets you use any of the four methods for depreciation.
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BOND (Bond Calc.) : Price and yearly rentability
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1] Set : Period / Y or Bond date
2] d1 : Purchase Date (Month, Day, Year)
3] d2 : Redemption Date (Month, Day, Year)
4] n : Number of Coupon Payment Until Maturity
4] RDV : Redemption Price perof face value
5] CPN : Coupon Rate
6] PRC : Price per $100 of face value
7] YLD : Annual Yield
Comments : The Bond (BOND) Mode lets you calculate purchase price and annual yield.
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BEVN (Break Even) : Break Even Point
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1] Set : PRF - Profit or Profit Ratio
1'] Set : Quantity - Sales Volume or Turn Over
2] PRC : Price
3] VCU : Variable Cost per Unit
4] FC : Fixed Cost
5] PRF : Profit
5'] r% : Profit Ratio
6] QBE : Sales - Quantity Break Even
6'] SBE : Sales - Turn Over - Sales Break Even
Comments : The Break-Even (BEVN) Mode has six sub-modes that you can use to perform various break-even point calculations.
BEV : Break-even point sales quantity and sales amount, sales quantity and sales amount that attains a profit target, sales quantity and sales amount that attains a profit ratio. The “break-even point” is the point where profit is 0 or the profit ratio is 0%.
MOS : Margin of Safety. The Margin of Safety (MOS) sub-mode lets you calculate how much sales can be reduced before losses start to be sustained, in the case that the expected sales amount is not attained.
DOL : Degree of Operating Leverage. The Degree of Operating Leverage (DOL) sub-mode lets you calculate how profit changes relative to a change in the sales amount.
DEL : Degree of Financial Leverage. The Degree of Einancial Leverage (DEL) sub-mode lets you calculate the influence of interest on earnings before interest and taxes (EBIT).
DCL : Degree of Combined Leverage. The Degree of Combined Leverage (DCL) sub-mode lets you calculate the degree of operating leverage (percent change in profit due to a change in sales amount), with interest taken into consideration.
Setting Values
- 1. SAL : Sales amount
- 2. VC : Variable Cost
- 3. FC : Fixed Cost
- 4. ITR : Interest
- 5. DCL : Degree of Combined Leverage (Solve)
QTY CONy. (Quantity Conversion) : Sales quantity and related values. The Quantity Conversion sub-mode lets you calculate the sales amount, sales price, or sales quantity after inputting the other two values. You can also calculate the variable cost, unit variable cost, or sales quantity after inputting the othertwo values.
Setting Values
- 1. SAL : Sales Amount
- 2. PRC : Sales Price
- 3. QTY : Sales Quantity
- 4. VC : Variable Cost
- 5. VCU : Variable Cost per Unit
- 6. QTY : Sales Quantity
