FRM一级前导班：定量分析+计算器的使用-电子阅读版.docx
QuantitativeAnalysisandtheUseofCalculatorFRMPartIProgramiGI吵8巾油捡MM山PYof0m(5 FrameworkQuantitative AnalysisTheIntroductionofFinancialCalculatorAnnuityProbabilityStatistic1.inearRegression行业创新憎值Il -O2m-eu-epueuzJoUO-IUnPO=UI Hl lllO0!三eojCQQOQQO0©IIlAnMmHS-SYXWlKyKh.HEEIYNV 3s3OsWAOVA与手7§世幻:遍S以啡ZtZI-何而吁JoV"'j'XJ2+八困5-BU.2ss4!Jo.ld、sn-dII <0MxNZX5AXnZ9工IN。( -' -I6lUZIdH-中翁 M3力 37B3NB乂 Preparations设置选项按键显示默认设置*小数位数函1FORMATDEC0-9（按9设置为浮2月"点小数）WT口角度单位EDEG(度)DEGRAD(弧度)日期IHUS(mm-dd-yyyy)USEur(dd-mm-yyyy)分隔符US(1,000.00)USEur(1.000,00)计算模式E）Chn（链式）ChnAoSTM（代数运算系统）Il三三导)I6rtDIU3UBoHS÷三Hu三tg3¾总釜包金fr。非注三wM÷sg!3SWH总运后之奖泳_2为阁空后书§。项e三王后5l÷s*三l定烹注WJ王项e拒王.s瞥次“艇«lOO.OHe第；½苫Is宴¾1.CM。000长力晚冷xsl.se恭玄沼三H三次»5-三ttlfettn.L-OIe3*3q二sMoenfiCationS如果您在输入了错误的数值后并没有按卜运算健（例如，国或区）,您可以直接修改该输入项而不必清空计算器。按卜.日他，删除最后一位数字。按卜.画键，清除整个数字。注意：在按卜运算健后，按底图键会结束正在进行的运算。例如:您想计算3×1234.56的结果，但键入了1234.86.操作按键显示开始输入表达式。303.00输入数值。1234.861,234.86清除输入错误。日S1,234.健入正确的数值。561,234.56计算结果。03,703.68*GZKIUTZOTMJJ潢TJ:雍潢沸口EWl漆潢流潢淡沼+4:+8淡治6流罪山?三添潢漆治+4:+8漆潢6流演）6:：雍J3崂33*?»*33?运算按键显示的结果加法运算6+4604010.00减法运算6-460402.00乘法运算6×4604024.00除法运算6÷46日4回1.50求广义基运算：3L25301.2503.95使用圆括号:7×(3+5)7回11335Q356.00求百分比:$453的4%453回4M日18.12运算按键显示的结果求百分率：14是25的百分之几14日25园回56.00求百分比加成价格：$498+7%营业税498回7函S34.86532.86求百分比折扣价格：$69.99-10%折扣69.99010(%S7.0062.99求组合数：n=52,r=55212ndCr5H2,598,960.00求排列数：n=8,r=38矗Pr3H336.00操作按键显示2平方6.36.3园39.69求平方根：15.515.5血3.94求倒数：1/3.23.2画0.31求阶乘：5!5¾id1!l120.00求自然对数：In203.45203.45O5.32求反自然对数：e69315.693152ndle-v12.00求2÷3的值，按设定的小数位数四舍五入2(3302ndROUND0.67RoundingILtjii!LILIL:5昌3=2.000032,3=2ndrouncl0.6667EiLi0.6667s3=2.0001Il三三I6&I3三UU4TimeValueofMoneyEAR = (1 + period rate)m 1 <> 1 + EAR =(EARcalculation:1+m=em/匚，semi,m=2;匚叫quarterly,m=411O4DMt:EAR=annualinterestrate1'o+,8%.jEAR:匚匚yThegreaterthecompoundingfrequency,thegreatertheEARwillbeincomparisontothestatedratethegreaterthedifferencebetweenEARandthestatedrateAnnuityAnnuities:isafinitesetoflevelsequentialcashflows.equalintervalsequalamountofcashflowssamedirectionConcept:N=numberofperiodsI/Y=interestrateperperiodPV=presentvalue=currentvalueofsomefuturecashflowsPMT=amountofeachperiodicpaymentFV=futurevalue=amounttowhichinvestmentgrowsafteroneormorecompoundingperiods)GRIRGZOTM6<GTJ,<K K ： _ ：otJjj口OWUbriOT口口口，口，治/?；雍溜>W4i>g消63:涌甯遣6行雍溜潢）6:涟潢,行雍。，#K匚口匚K口匚3gQgg治/?潍浦治4,雍溜潢63:，雍浦潢，G雍浦沼）6:流潢6行雍o6<#Il三三+16I3+D+皿H>d÷-<HAdXUZQ+1)I+I+<HAHL+)E(J+cZ(J+E)+<HAd.MouIJU0JpodUoc3uoMo-Js一ll-M、sMo-J-SB3>-BAUnbesBu-Pububabu->-JoISB-AEnlBdJBd<三O三CQ三InoqV二199WjOZ9生苜()GRIRGZOTM4s1.J3A"L10lOS1,0000二慎H：8%js50S二巾？8/12=0.6667；倒/Y；雍溜-0.1潢PMT甯-10潢PV甯50潢FV；雍溜潢CPT流潢N流ON=143.80渡1.ojLtoL143.8,12=11.981211j50S巾渡63:'TT0Z_CompositionofannuityInterestpaymentandprincipalpaymentUsetheAMORTfunctioninacalculatorClassificationofannuityOrdinaryannuities,匚i:Thefirstcashflowoccursattheendoffirstperiod.Example»mortgageloans,investments,etc.AnnuitydueIQYiUThefirstcashflowoccursimmediatelyExample.rentalfees,tuitionfees,livingexpenses,etc.Usecalculator,putthecalculatorintheBGNmodeandinputrelevantdata.Hy-arjNCseeE三IIr>Hy.T>VM,-O渡N=20*12=240,I=6.212,PV=700,000,FV=OCPTPMT=-5096.12，3匚r匚->K口'Jj匚心隐2yAMORT¾2NDPVPl=IP2=lSL=698,520.5485PRN=-L479.4515INT=-3,616.6667)J11*3e匚，僚1ZeK)'Henj11111111111111¾M11BGN.ul(2NDBGN,2NDSET,2NDQUIT)yTVM书N=20,IY=4,PMT=100zOOOFV=OCPTPV=-1,413,393.94s 3，'Iro3s EHSNJuL(21NbBGN,2NDSET,2NDQUIT)yTVM¾N=4,IY=4,PMT=50z000zFV=OCPTPV=-188,754.551.Acompanyplanstoborrow$50,000forfiveyears.Thecompany,sbankwilllendthemoneyatarateof9%andrequiresthattheloanbepaidoffinfiveequalend-of-yearpayments.Calculatetheamoun
