Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › URGENT HELP with using Casio fx-83GT PLUS for Miller-Orr Cash question for F9
- This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.
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- December 3, 2016 at 4:58 pm #353484
John I’m also having problem with entering the formula into my calculator, I have a Casio fx-83GT PLUS
I have my exam coming up on Wednesday and it would be really helpful to know which buttons to hit and in which order!
I’m doing a different question, where the details are as follows:
Transaction cost is $30
Variance of cash flow is $270,000
Daily interest rate is 0.025%I think it’s just the 1/3 that’s throwing things out, not sure which button to press!
The spread should come out to $8,689
I hope you can help John
Regards
Neville
December 4, 2016 at 7:41 am #353593I am sorry, but different calculators need the buttons pressed in different ways, and I don’t have your calculator!!!
I can only suggest that either you check the manual (if you have lost it then you can find a copy online by searching on Google), or else ask in the other F9 forum and other students with the same calculator may be able to help you.
For the 1/3 in the spread formula, it means you take the cubed root. You should have either a cubed root button or else a button marked “y root x” (it is difficult to type what it looks like!)
December 4, 2016 at 11:47 am #353681Thanks for your help John, it’s very much appreciated
December 4, 2016 at 2:32 pm #353725You are welcome 🙂
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