Interés compuesto con #Casio fx-CG50

Calculating Final Amount with Compound Interest

Introduction to the Example

• The video presents a financial example where an individual invests 1200 pesos for 3 years at an annual interest rate of 6%. The goal is to calculate the final amount received using compound interest.

Using the Financial Application

• The presenter navigates to a financial application in Excel, showcasing various calculations available. Two screens are displayed for viewing calculations, focusing on the F2 function for compound interest.

Inputting Data into Excel

• To compute the final amount, data must be entered:

• Number of compounding periods (3 years).

• Annual interest rate (6%).

• Additional parameters include:

• PV (Present Value): Represents either a loan or savings capital.

• PMT: Payment made towards a loan or deposit.

• FV (Future Value): Total amount owed or capital plus interest.

Setting Up Calculations

• For accurate results, input the present value as negative (-1200 pesos), ensuring that the future value calculated will be positive. Other settings include:

• Compounding frequency set to zero if not applicable.