fx-9860GII
SI
On a Casio calculator you can return the simple interest based on simple interest calculation
SI F1 Number of days ٬
Anual interest rate ٬
Present value ) EXE
or via the catalog as
CATALOG P
INPUT SHIFT 4 Smpl_SI( F1
You can use the command in the RUN·MAT and GRAPH modes.
Explanation
The syntax for using the simple interest command is
Smpl_SI (n, I%, PV)
where
n Number of days I% Annual interest rate PV Present value
Example 1
To calculate the total interest for a 2-year (730-day) $300 loan at a simple annual interest rate of 5%
▷ ▷ ▷ TVM SMPL SI OPTN F6 F6 F6 F1 F1 F1 7 3 0 ٬
at the rate I% = 5
5 ٬
for a loan of PV = $300
3 0 0 ) EXE
which gives
Smpl_SI(730,5,300) -30
Be sure to select RUN·MAT mode with SET UP Input/Output Line and Date Mode 365.