You are on page 1of 39

ADVANCED QUANTI

TATI
VEREASONI
NG
wi
tht
heCas
iof
x-
986
0GI
I

Dr.Cat
hySeel
ey
Char
lesA.DanaCent
erattheUni
vers
ityofTexas-Aus
tin

Downloaded from www.Manualslib.com manuals search engine


Unit II: Probability
(1c) How to write fractions in natural display using the Casio fx-9860GII

1. From the main menu, highlight the RUNMAT icon


and press l.

2. Press L then p for the Set-up screen; scroll


down to Frac Result. At the bottom of the screen,
there are two choices; q will display fractions
as "improper", while w will display fractions as
mixed numbers.

3. Select q to display answers as "improper"


fractions. Then, press d to return to the initial
screen.

3
4. To enter the fraction , press 3z8. This
8
calculator utilizes Natural Display, allowing for input
and output to appear as it would in a textbook.

____________________________________________________________________

(1c) How to change fractions to decimals using the Casio fx-9860GII

3
1. Enter the fraction by pressing 3z8l.
8

Downloaded from www.Manualslib.com manuals search engine


2. To change the fraction to a decimal representation,
press x. This is the "form to decimal" key and
operates as a toggle key.

3. You can return to fraction form by pressing x again.

(1c) How to change fractions (and decimals) to percents

3
1. For a number in fraction form, such as , first
8
change to a decimal by pressing x.

2. Once the number is in decimal form, multiply by 100


to change to percent form. It may be necessary to
press x to display the number in decimal form
instead of fraction form.

Unit III: Statistical Studies


(1a) Seeding a calculator

It is not necessary to seed the Casio fx-9860GII.

(1e) How to use random sampling - choosing 5 schools from a list of 1000

1. From the main menu, highlight the RUNMAT icon


and press l. If there is data on the screen, press
w(DEL), w(DEL-A), then q for yes.

Downloaded from www.Manualslib.com manuals search engine


2. Press iu( > ), e(PROB), r(RAND) and w
(Int). Then input 1,1000,5
kl. The screen shot to the right displays the
random sample 494, 219, 869, 587, and 144. Each
sample will be unique.

3. To display the next sample of 5 schools, press l


again.

____________________________________________________________________

(1e) How to fill in the table for Dream car using lists

No. of
No. of
Grade No. of Percentage Students
Students
Level Students of Total for Sample
for Sample
(Rounded)

7th 476 17.539 10.52


8th 511

9th 492

10th 473

11th 425

12th 337

Total 2,714

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

Downloaded from www.Manualslib.com manuals search engine


2. When all lists are cleared, title each column. Press
B to scroll to the SUB row. Then press La(A-
LOCK) to activate Alpha-lock. Using the red letters at
the top right of each key, type the titles. Press l
after typing each title. Only 6 characters may be used
for each title. The space is above the decimal point.
Repeat these steps for each column.

Title the lists as:


List 1 GRADE
List 2 - ST NO
List 3 PER TO
List 4 SAMP N
List 5 - ROUND

3. Highlight the first entry in List 1. Enter the


grades into List 1 using only the number.
Press l after each entry. Scroll to the right
and up to move to the first entry of the next list.

4. Enter the number of students into List 2. Press l


after each number. Scroll to the right and up to
move to the next list. Do not enter the total.

5. Press p. Highlight RUNMAT and press l


to be in the correct menu to perform operations on
lists. In order to fill List 3 with the percentage of
the total, the calculator will divide each number in
List 2 by 2,714 and then multiply by 100. The result
will be stored in List 3. Do this by pressing iqq
2M2714m100bq3l.

Downloaded from www.Manualslib.com manuals search engine


6. In order to obtain the 60 samples needed, divide
List 3 by 100 and multiply by 60. Store these answers
in List 4. Do this by pressing
q3M100m60bq4l.

7. Press menu then highlight STAT and press l to


return to the lists. Scroll to the right to List 5. Round
the numbers in List 4 and enter the rounded values
into List 5.

____________________________________________________________________

(2b#5) How to construct a histogram using the Casio fx-9860GII

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

2. When all lists are cleared, enter the data given in


the problem into List 1: 2 students received an
average grade of 65, 7 students had 75, 9 students
had 85, and 3 students had 95. Press l after
each entry.

3. Press q(GRPH), u(SET), scroll down one line


to Graph Type, press u( > ), then q(Hist). XList
should be List1 and Frequency should be 1. Press
d to return to the lists. Then press q(GPH1),
l.

Downloaded from www.Manualslib.com manuals search engine


____________________________________________________________________

(2c) How to determine mean, standard deviation and 5-number summary using the Casio
fx-9860GII

The Phoenix Mercury of the Womens National Basketball League had 14 players on the
roster for the 2008 season. The players and their average points per game (PPG) are shown
below.

Diana Cappie Tangela Lecoe Kelly Kelly LaToya


Player
Taurasi Poindexter Smith Willingham Miller Mazzante Pringle

PPG 24.1 21.2 11.1 10.1 8.3 5.8 4.4

Brooke Barbara Olympia Yuko Allie Willnett Jennifer


Player
Smith Farris Scott Oga Quigley Crockett Derevjanik

PPG 4.1 3.5 2.7 2.4 2.1 1.8 0.8

(Source: www.wnba.com/mercury/stats)

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

2. Enter the PPG data into List 1, pressing l


after each entry.

3. Press w(CALC), then q(1VAR) to display all of


the 1-variable calculations for the data set. Scroll
down to view more calculations.

Downloaded from www.Manualslib.com manuals search engine


____________________________________________________________________

(2c#9 on worksheet)
How to construct a box plot with and without outliers

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

2. Enter the PPG data into List 1, pressing l


after each entry.

3. Press q(GRPH), then u(SET). Scroll down one


line to Graph Type and press u( > ), then w(Box).
Scroll down to Outliers and press w(Off) to
construct the box plot without outliers. (Press
q(On) to construct the box plot with outliers.)
Press d to return to the previous screen, then
q(GPH1). The first screen shot on the right
displays the box plot without outliers. The second
screen shot displays the box plot with outliers.

____________________________________________________________________

How to display two box plots using the same screen.

Using the same data as above, both the box plot with outliers and the box plot without
outliers will be displayed on the same screen.

Downloaded from www.Manualslib.com manuals search engine


1. From the main menu, highlight the STAT icon
and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

2. Enter the PPG data into List 1, pressing l


after each entry.

3. Press q(GRPH), u(SET), then q(GRPH1). Scroll


down one line to Graph Type and press u( > ),
w(Box). Scroll down to Outliers and press w(Off)
to construct the box plot without outliers. Press d
to return to the previous screen. Press u(SET),
w(GRPH2). Scroll down one line to Graph
Type and press u( > ), then w(Box). Scroll down
to Outliers and press q(On) to construct the box plot
with outliers. Press d to return to the previous
screen. Press r(SEL), then press q to turn
StatGraph1 on. Scroll down one place and press q
to turn StatGraph2 on. Press u(DRAW).

____________________________________________________________________

(2b) How to save to document on classroom computer.

1. Download the FA-124 Program-Link software to the computer before connecting the
calculator to the computer. The software and cable came packaged with the Casio
fx-9860GII calculator. Connect the calculator to the computer using the cable
provided. Once connected, a connection mode screen will appear on the calculator.
Select DATA TRANSFER: [F1]. The following screen will appear on the computer.

Downloaded from www.Manualslib.com manuals search engine


Use the mouse to click the connection button in the top left corner (see the red
arrow on the screen shot below).

2. The following screen will appear on the computer. Click on the icon next to User1
(see the red arrow on the screen shot below).

Downloaded from www.Manualslib.com manuals search engine


3. Choose the file to transfer from the list that appears.

4. After selecting the data items to send, press u(TRANS). A message appears to
confirm executing the send operation. Press q(Yes). The calculator will display a
message when the transfer is complete.

Unit IV: Using Recursion in Models and Decision Making

(1b) How to enter bivariate data into lists using the Casio fx-9860GII

Use the following data:

WEEK 1 2 3 4 5 6 7 8 9 10

HEIGHT 5 12 26 39 51 88 94 103 112 115

Downloaded from www.Manualslib.com manuals search engine


1. From the main menu, highlight the STAT icon
and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data. Press u( > )
to return to original menu options.

2. When all lists are cleared, title each column using the
labels from the table. Press B to scroll to the SUB
row. Then press La(A-LOCK) to activate
Alpha-lock. Using the red letters at the top right of
each key, type the titles. Press l after typing each
title. Only 6 characters may be used for each title.
Press $ B and repeat these steps for the second
column.

3. Press ! to highlight the first entry in List 1 and enter


the numbers for week from the table above. Press
l after each entry.

4. Scroll to the right by pressing $to get to the next list.


Enter each height into List 2. Press l after each entry.

(1b) How to graph a scatterplot using the Casio fx-9860GII

Use the same data:

WEEK 1 2 3 4 5 6 7 8 9 10

HEIGHT 5 12 26 39 51 88 94 103 112 115

Downloaded from www.Manualslib.com manuals search engine


1. Enter the bivariate data into the two lists, as shown in
the last section.

2. Press q(GRPH). (If q is TOOL instead of GRPH,


press u( > ) first.)

3. Press u(SET). Scroll down to highlight Graph Type


and press q(Scat). Scroll down to XList, YList,
Frequency, and Mark Type, if necessary, to change to
the settings pictured on the right. Press d to return
to the previous screen.

4. Press r(SEL). Only StatGraph1 should be turned on.


If necessary, highlight the desired StatGraph and press
q(On) or w(Off) to change.

5. Press u(DRAW).

Downloaded from www.Manualslib.com manuals search engine


(1b) How to determine r using the Casio fx-9860GII

Use the same data:

WEEK 1 2 3 4 5 6 7 8 9 10

HEIGHT 5 12 26 39 51 88 94 103 112 115

1. After entering the bivariate data and graphing, as


shown in the last two sections, press q(CALC).

2. Press w(X).

3. Press q(ax+b).

4. The correlation coefficient or r is 0.98109874.

(1c) How to enter recursive data into a table using the Casio fx-9860GII

Coen decides to take a job with a company that sells magazine subscriptions. He is paid $20
to start selling and then earns $1.50 for each subscription he sells. Limit your list to 50
entries.

Downloaded from www.Manualslib.com manuals search engine


1. From the main menu, highlight the RECUR icon
and press l.

2. When the screen to the right appears, press e(TYPE),


then q(an).

3. Fill in the recursive formula, 1.5n + 20, by pressing


1.5q(n)+20l.

4. Highlight an. Press y(SET). Set Start at 0 and End at


50, pressing l after each entry.

5. Press d to return to the previous screen.

Downloaded from www.Manualslib.com manuals search engine


6. Press u(TABL).

(1c) How to graph recursive table data using the Casio fx-9860GII

Coen decides to take a job with a company that sells magazine subscriptions. He is paid $20
to start selling and then earns $1.50 for each subscription he sells. Limit your list to 50
entries.

1. Enter the recursive data into a table, as shown in the


previous section.

2. Press u(G-PLT).

(1c) How to make a prediction with table data using the Casio fx-9860GII

How much does Coen earn if he sells 100 magazine subscriptions?

1. Enter the recursive data into a table, as shown two


sections above. Set the table to include the
prediction, 100 subscriptions. For example, start at 0
and end at 100. Scroll down the column to 100. The
second column, an, contains the answer to the question.

Downloaded from www.Manualslib.com manuals search engine


(3b) How to enter data into a spreadsheet using the Casio fx-9860GII

Temperature of
Time Temperature of First Differences
Liquid (L) Room Successive Ratios
(t) Liquid (L) (T)
Temperature (T)

Above is the spreadsheet in which students are to record the data. Following are the steps
to record the data to a calculator spreadsheet.

Downloaded from www.Manualslib.com manuals search engine


1. From the main menu, highlight the SSHT icon
and press l.

2. Data for the first two columns can be transferred from


the CBL equipment according to the directions of the
CBL or can be entered manually. Press l after each
entry.

3. Highlight cell C2, as shown on the right.

4. Each cell in column C will give the difference of each


consecutive pair of entries in column B. Enter the
formula to compute the difference of cell B2 and cell B1
by pressing L.ag2-ag1l.

5. Highlight cell C2 and press w(EDIT), w(COPY), then


move the cursor to cell C3 and press q(PASTE). Scroll
down to C4 and press q(PASTE). Continue through the
entire column.

Downloaded from www.Manualslib.com manuals search engine


6. Highlight the cell D2, as shown on the right. Press d
twice.

7. Each cell in column D is the ratio of each consecutive


pair of entries in column B. Start by entering the
formula to compute the ratio of cell B2 to cell B1.
by pressing L.ag2Mag1l.

8. Highlight cell D2 and press w(EDIT), w(COPY), then


move the cursor to cell D3 and press q(PASTE). Scroll
down to D4 and press q(PASTE). Continue through the
entire column.

(3b) How to construct a graph from spreadsheet data using the Casio fx-9860GII

1. Using the spreadsheet from the last section, press


d until the screen on the right appears.

2. Press u( > ), choose q(GRPH).

Downloaded from www.Manualslib.com manuals search engine


3. Press u(SET). Set Graph Type to be Scatter by
pressing N, then q(Scat). Use the keypad and q(:)
to set the XCellRange to include all of the column A cells,
and the YCellRange to include all of the column B cells.
Refer to the screen shot on the right.

4. Press d to return to the previous screen. Press q


(GPH1).

(3b) How to graph a function over a scatter plot using the Casio fx-9860GII

1. Using the scatter plot from the last section, press w


(DefG).

2. Enter the desired function, and press u(DRAW).

Downloaded from www.Manualslib.com manuals search engine


(4a) How to change radian and degree mode using the Casio fx-9860GII

1. From the main menu, highlight the RUNMAT icon


and press l.

2. Press Lp(SET UP). Scroll down to Angle and press


q(Deg) for degree mode or w(Rad) for radian mode.

(4b) How to make a periodic function of the ferris wheel using the Casio fx-9860GII

The following data displays the height of one of the ferris wheel capsules above the ground
during one 30 minute rotation. Enter the data into lists on the calculator and graph.

Total Height of
Time (min) Capsule (m)
1 16.6
2 21.5
4 39.8
8 97.8
12 150.7
16 163.4
20 127.5
24 66.8
28 21.5
30 15

Downloaded from www.Manualslib.com manuals search engine


1. From the main menu, highlight the STAT icon
and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data. Press u( > )
to return to original menu options.

2. When all lists are cleared, label List 1 as TIME and


List 2 as HEIGHT by first pressing B to scroll to the
SUB row. Then press La(A-LOCK) to activate
Alpha-lock. Using the red letters at the top right of
each key, type the titles. Press l after each title.

3. Enter the data from the table into the lists, pressing
l after each entry.

4. Press q(GRPH) and then choose u (SET). (If


q(TOOL) is visible instead of q(GRPH), then press
u( > ) first.)

5. Set the screen as shown on the right. When done,


press d. Then press q (GPH1).

Downloaded from www.Manualslib.com manuals search engine


6. Press q(CALC), u( > ), then y(Sin). Once the
SinReg screen appears, press u(DRAW).

Unit V: Using Functions in Models and Decision Making


(1b) How to determine average ratio of arm span to height using the Casio fx-9860GII

Use the table below:

Height (cm) Arm Span (cm)


172 173
173 175
179 182
180 185
183 187
186 189
187 186
190 195
191 191
192 196

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data.

Downloaded from www.Manualslib.com manuals search engine


2. When all lists are cleared, label List 1 as HEIGHT and
List 2 as SPAN by first pressing B to scroll to the
SUB row. Then press La(A-LOCK) to activate
Alpha-lock. Using the red letters at the top right of
each key, type the titles. Press l after each title
.
3. Enter the data from the table into the lists, pressing
l after each entry.

4. Press p. From the main menu, highlight the


RUNMAT icon and press l.

5. Enter the ratio of arm span to height into List 3 by


pressing L1(List)2ML1(List)1b
L1(List)3.

6. To determine the average ratio, determine the average


of List 3 by entering iq(LIST), u( > ),e(Mean).
Press u( > ),u( > ), q(List)3kl.

Downloaded from www.Manualslib.com manuals search engine


(2b) How to determine a sinusoidal regression model using the Casio fx-9860GII

Day Houston
Date
Number HH:MM Min.
Jan. 1 1 10:17 617
Feb. 1 32 10:48 648
March 1 60 11:34 694
Apr. 1 91 12:29 749
May 1 121 13:20 800
June 1 152 13:57 837
July 1 182 14:01 841
Aug. 1 213 13:33 813
Sept. 1 244 12:45 765
Oct. 1 274 11:52 712
Nov. 1 305 11:00 660
Dec. 1 335 10:23 623
Source: U.S. Naval Observatory,
www.usno.navy.mil

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data. Press u( > )
to return to original menu options.

2. When all lists are cleared, label List 1 as DAY and


List 2 as MINUTE by first pressing B to scroll to the
SUB row. Then press La(A-LOCK) to activate
Alpha-lock. Using the red letters at the top right of
each key, type the titles. Press l after each title.

Downloaded from www.Manualslib.com manuals search engine


3. Enter the day number into List 1 and the day length
in minutes into List 2 pressing l after each entry.

4. Press q(GRPH). Press u(SET). Set the screen to the


same settings as on the screen shot to the right.

5. Press d, then q(GPH1).

6. Press q(CALC), u( > ), then press y(Sin). Wait


a few seconds for SinReg to appear. Then press
y(Copy), l, and u(DRAW).

(2b) How to determine maximum and minimum values of a graph using the Casio fx-
9860GII

1. Using the graph from the last section, press p.


From the main menu, highlight the GRAPH icon
and press l.

Downloaded from www.Manualslib.com manuals search engine


2. The sinusoidal equation from the last section is already
entered into the calculator.

3. Press q(SEL) to highlight the = on Y1. Then press


u(DRAW).

4. Press Ly(G-Solv). Press w(MAX) for the maximum


value of the graph.

5. Press Ly(G-Solv). Press e(MIN) for the minimum


value of the graph.

Downloaded from www.Manualslib.com manuals search engine


(2b) How to construct a second sinusoidal regression on the same screen using the Casio
fx-9860GII

Day Philadelphia
Date
Number HH:MM Min.
Jan. 1 1 9:23 563
Feb. 1 32 10:11 611
March 1 60 11:19 679
Apr. 1 91 12:41 761
May 1 121 13:56 836
June 1 152 14:46 886
July 1 182 14:57 897
Aug. 1 213 14:15 855
Sept. 1 244 13:03 783
Oct. 1 274 11:46 706
Nov. 1 305 10:28 628
Dec. 1 335 9:33 573
Source: U.S. Naval Observatory,
www.usno.navy.mil

1. Follow the same steps used for the Houston daylight


problem two sections above. In Step 6, after copying
the equation, move down to Y2 before pressing
l so as to not erase the first equation.

2. From the main menu, highlight the GRAPH icon


and press l.

Downloaded from www.Manualslib.com manuals search engine


3. Select both equations by pressing q(SEL) for Y1 and
Y2.

4. Press u(DRAW).

(2b) How to determine the intersection of two graphs using the Casio fx-9860GII

1. Using the same graph from last section, press Ly


(G-Solv). Press y(ISCT) for the intersection of the two
graphs.

2. Scroll to the right once to determine the second point of


intersection.

Downloaded from www.Manualslib.com manuals search engine


(2d) How to construct a line graph using the Casio fx-9860GII

Year PPI Year PPI


1940 13.5 1976 61.1
1944 17.9 1980 89.8
1948 27.7 1984 103.7
1952 29.6 1988 106.9
1956 30.3 1992 117.2
1960 31.7 1996 127.7
1964 31.6 2000 132.7
1968 34.2 2004 146.7
1972 39.8 2008 189.7

1. From the main menu, highlight the STAT icon


and press l. If any list contains data, highlight
any entry in the list and then press u( > ),
r(DEL-A), then q to delete all entries in that
list. Repeat for each list containing data. Press u( > )
to return to original menu options.

2. When all lists are cleared, label List 1 as YEAR and


List 2 as PPI by first pressing B to scroll to the
SUB row. Then press La(A-LOCK) to activate
Alpha-lock. Using the red letters at the top right of
each key, type the titles. Press l after each title.

Downloaded from www.Manualslib.com manuals search engine


3. Enter the data from the table into the lists pressing
l after each entry.

4. Press q(GRPH), u(SET), change settings to match


the screen shot on the right.

5. Press d then q(GPH1).

(3c) How to construct a piecewise function using the Casio fx-9860GII

Equation of Line Domain


5
y = x + 20 0 x < 8
8
y = x + 23 8 x < 16

1
y = x + 11 16 x < 20
4
1
y = x + 16 20 x 32
2

1. From the main menu, highlight the GRAPH icon


and press l. If there is an equation entered
already, highlight the equation then press w(DEL)
then q to delete it.

Downloaded from www.Manualslib.com manuals search engine


2. Piecewise functions should always be entered in
the following form:
Equation,[smallest domain value, largest domain value]

3. Enter the first equation by pressing nz5N8


$f+20,L+([)0,8L-(])
l.

4. Enter the second equation by pressing nf+23


,L+([)8,16L-(])l.

5. Enter the third equation by pressing nz1N4


$f+11,L+([)16,20L
-(])l.

6. Enter the fourth equation by pressing nz1N2


$f+16,L+([)20,32L
-(])l.

Downloaded from www.Manualslib.com manuals search engine


7. Press Le(V-Window). Set each value as shown in
the screen shot on the right.

8. Press d to return to the previous screen. Press u


(DRAW).

Unit VI: Decision Making in Finance

(1c) How to calculate simple interest using the Casio fx-9860GII

Amanda is considering a CD that pays 4% simple annual interest for five years.

1. From the main menu, highlight the TVM icon


and press l.

2. From this screen choose q (Simple Interest).

Downloaded from www.Manualslib.com manuals search engine


3. On this screen, n = number of interest periods in days,
I% = annual interest rate, and PV = principal or present
value. To calculate for 5 years, enter 365 x 5 as n. The
calculator will automatically convert the years to total
number of days. Fill in the values as shown on the right.
Then press w(SFV).

4. Therefore, Amanda has $600 in five years.

(1c) How to calculate compound interest using the Casio fx-9860GII

Amanda is considering a savings account that pays 3.75% interest compounded annually for 5
years.

1. From the main menu, highlight the TVM icon


and press l. (If the correct screen does not appear,
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)

2. Press w(Compound Interest).

Downloaded from www.Manualslib.com manuals search engine


3. On this screen, n = number of interest periods,
I% = annual interest rate, and PV= principal or present
value. Fill in the values as shown on the right, pressing
l after each entry. Then press y(FV).

4. Amanda has $601.05 in five years.

(1d) How to calculate future value of an investment using the Casio fx-9860GII

Suppose you invest $2,600 into a savings account with a 4.25% annual interest rate that
compounds interest quarterly. Determine the balance in the account after five years.

1. From the main menu, highlight the TVM icon


and press l. (If the correct screen does not appear,
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)

2. From this screen choose w(Compound Interest).

Downloaded from www.Manualslib.com manuals search engine


3. On this screen, n = number of interest periods,
I% = annual interest rate, and PV= principal or present
value. Since this interest compounds quarterly for 5
years, enter 5 x 4 as n and the calculator will
automatically convert to the total periods. Fill in the
values as shown on the right, pressing l after each
entry. Scroll down to pays per year (P/Y) and enter 4
since it is compounded quarterly. Then press y(FV).

4. There will be $3211.99 in the account after 5 years.

(3b) How to calculate FV of an annuity using the Casio fx-9860GII

Amy is 25 years old and has attended some retirement planning seminars at work. Knowing
she should start thinking about retirement savings early, Amy plans to invest in an annuity
earning 5% interest compounded annually. She plans to save $100 from her monthly
paychecks so that she can make annual payments of $1,200 into the annuity. Use the TVM
calculator to determine the future value of the investment after 35 years

1. From the main menu, highlight the TVM icon


and press l. (If the correct screen does not appear,
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)

2. Before entering any data the payment needs to be


changed in SET UP. To do this press Lp and
then press q(BGN). Press d to return to the
previous screen.

Downloaded from www.Manualslib.com manuals search engine


3. Press w(Compound Interest).

4. On this screen, n = number of interest periods,


I% = annual interest rate, and PV = principal or present
value. Since she has not made an investment yet, the
PV is 0. PMT = the payment. Amy will invest $100 (-100)
each month. Therefore PMT will be -100 x 12. Enter 0
for FV, since that will be calculated. Enter 1 for P/Y since
interest is compounded annually. Then press y(FV).

5. Amy saves $113803.59 in her annuity over 35 years.

(4b) How to calculate effective annual rate (EAR) using the Casio fx-9860GII

Bennys credit card APR is 26.55% compounded daily. What is his actual interest rate per
yearthat is, his EAR?

1. From the main menu, highlight the TVM icon


and press l. (If the correct screen does not appear,
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)

2. Choose y(Conversion).

Downloaded from www.Manualslib.com manuals search engine


3. On this screen, n = the number of interest periods. Since
the problem states that it is compounded daily, enter 365
for n. Then press l. I% = the interest rate, so enter
26.55, then press l. EFF is the calculator abbreviation
for EAR. Press q(EFF) to convert APR to EAR.

4. The EAR = 30.39569965% or about 30%.

(4d) How to determine car loan payments using the Casio fx-9860GII

Christina is considering buying a new car with a sticker price of $23,599. Her credit union
offers her a three-year car loan at 5.99% annual percentage rate (APR) with 10% as a down
payment. Find the monthly payment.

1. From the main menu, highlight the TVM icon


and press l. (If the correct screen does not appear,
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)

2. Before entering any data the payment needs to be


changed in SET UP. To do this press Lp and
then press w(END). Press d to return to the
previous screen. From this screen choose
w(Compound Interest).

Downloaded from www.Manualslib.com manuals search engine


3. On this screen, n = number of monthly payment periods.
Therefore, enter 3 x 12 and press l. I% = annual
interest rate, so enter 5.99. PV = principal or present
value. Enter as 23599 (23599 x .1) since the value of
the car loan is 23599 minus the 10% down payment.
Leave PMT at 0 since that is the value being calculated.
FV should be 0 since the car will be paid off at the end
of the loan. P/Y should be 12 since there are 12 months
in a year. Therefore, fill in the values as shown on the
right and press r(PMT).

4. Christinas car payment is $646.04.

Downloaded from www.Manualslib.com manuals search engine

You might also like