finance
See what key strokes are needed to solve Example Problem 1.1
The calculator videos are designed to improve your mastery of using a
financial calculator while doing the examples throughout the text. In each
one of these we will demonstrate exactly how to input the numbers so that
the problem will solve out to the answer provided. So in the example just
presented in this text it says that $100 is going to be invested today. So we
put a - , saying that it's a cash outflow for and that's the present value. We
say that it's going to be invested for one year so that will be our N. Notice
what is happening at the top of our screen. A timeline is being built that will
show you exactly how the cash flows are laid out. This makes it easier to
visualize the problem as it is being input. Finally, we will do a computation of
the future value and we see that our answer of $110 is being provided.
Typically, where there is more context behind the problem, that will be
explained also while we are doing the calculator video
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