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URGENT HELP with using Casio fx-83GT PLUS for Miller-Orr Cash question for F9

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 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 3, 2016 at 4:58 pm #353484
    Neville
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    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 #353593
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54830
    • ☆☆☆☆☆

    I 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 #353681
    Neville
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Thanks for your help John, it’s very much appreciated

    December 4, 2016 at 2:32 pm #353725
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54830
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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