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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Miller-Orr formulae on calculator Casio fx-85GT Plus
Hello,
Fear this may have been asked before , but after hours of looking online and at the calculator manual I can’t seem to solve how to do this formula on my calculator, any help would be hugely appreciated
E.g. Spread = 3 ( 3/4x575x400,000,000)/0.0003) 1/3
Firstly when I input the bracket calculations I get the answer 5.75×10^14??
Every answer seems to be displayed in this format?
What ever i seem to do I never get near the answer of 249466
I can not for the life of me get this to go to a decimal. Or in fact near this number. I have tried resetting etc, the s-d button, and put the calculator in normal mode etc but nothing works. If someone could please type how they would put this into a calculator so I could see where I am going wrong I would greatly appreciate it. Or better yet advise a calculator that this just seems to work on!
Thank you
i have the same calculator
3*((3/4*575*400000000)/0.0003)^(1/3)
the result i get is 249465.5248
kelbel8888: It seems that you are multiplying by 1/3 at the end of the brackets.
In fact it is to the power of 1/3 (which is the same as taking the third root of what it in the brackets).
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