Calculations

Question 1

Bond Calculations

Answer 1

6% Coupon for $970, YTC 5 yrs at $1,010.
YTC,

End Mode-always unless told
2, Gold, P/yr
30 PMT
\+/- 970
FV 1010
5, Gold, N
Solve for I

Question 2

20th Power Example

Answer 2

x^20… x, gold, y^x, 20

Question 3

Amortization, Example:

Answer 3

30 yr Mortgage, 550k, 8% int, after 7 yrs, what’s remaining principal
PV=550k, i=8, FV=0, 30, gold, N, slv for PMT
=-4,035.71
7yrs x12=84
84 input (with 4,035 on screen),
Gold Amort, pressing ‘=’ will scroll between
Int, Prin, balance=508,625

Question 4

Real Rate of Return

Answer 4

Investor: 7.2%, inflation, 3.1%

1.031 Input, 1.072, Gold % chng= 3.9767%

Question 5

Early SS benefits

Answer 5

Multiply the months by 1/180 x FRA bene

Example, FRA $1,000, retiring 24 mo early

24/180 x $1,000 =$866.60

Question 6

SE Tax

Answer 6

Income x .9235 = Y
Y x .104 for SS= S x .596
Y x .029 for Medicare= M