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Financial calculator

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Financial calculator

  • This topic has 5 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • March 3, 2016 at 9:59 pm #303319
    Arishka
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    Hi

    Can I use my financial calculator for pv computations and macauly calculation etc.
    Will I still obtain the marks if I show what my input variable were ?

    Thank you for the assistance.

    March 4, 2016 at 7:10 am #303359
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    You must show the workings in the exam – it is the workings that get the marks rather than the final answer.

    March 4, 2016 at 7:25 am #303367
    Arishka
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    eg if for an interest calc I show the following :

    Pv = -1079
    Fv= 1000
    Pmt=60
    n=5

    and then I show compute

    i= and the answer

    Will i get marks for the above ?

    March 4, 2016 at 10:58 am #303406
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    No – not full marks. You need to prove to the marker that you know what you are doing and not just letting a calculator do it for you 🙂

    March 4, 2016 at 11:38 am #303416
    Arishka
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    ok thank you

    March 4, 2016 at 2:17 pm #303429
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
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