Sharp EL-738 operation manual

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NOTICE

•SHARP makes no guarantee that this product or this manual is suitable or accurate for any purpose, com- mercial or otherwise.

•Rules and practices in ﬁnancial calculation vary ac- cording to country, locality, or ﬁnancial institution. It is the consumer’s responsibility to determine whether or not the results produced by this product conform to applicable rules and regulations.

•SHARP will not be liable nor responsible for any incidental or consequential economic or property damage caused by misuse and/or malfunctions of this product and its peripherals, unless such liability is acknowledged by law.

•The material in this manual is supplied without repre- sentation or warranty of any kind. SHARP assumes no responsibility and shall have no liability of any kind, con- sequential or otherwise, from the use of this material.

•SHARP assumes no responsibility, directly or indirectly, for ﬁnancial losses or claims from third persons resulting from the use of this product and any of its functions, the loss of or alteration of stored data, etc.

•SHARP strongly recommends that separate permanent written records be kept of all important data. Data may be lost or altered in virtually any electronic memory product under certain circumstances. Therefore, SHARP assumes no responsibility for data lost or otherwise rendered unus- able whether as a result of improper use, repairs, defects, battery replacement, use after the speciﬁed battery life has expired, or any other cause.

For Australia/New Zealand only:

For warranty information please see www.sharp.net.au

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Contents EL-738 Page Contents Introduction Operational NotesKeys Using the .andKey Notations in This Manual Preparing to Use the Calculator Resetting the Calculator In Case of DifﬁcultyResetting the calculator Key operation keys Calculator and Display LayoutCalculator layout Display layout 2ndFSET UP Menu Selecting the display notation and number of decimal places000 33333330003 Selecting the angular unit seeOperating Modes Selecting a modeOperations available in each mode Selecting the date format see9000 14000343 Basic Calculations⋅ ⋅ Delete keyCursor keys Editing and Correcting an EntryMemory clear key Playback function500 ErrorsMemory use in each mode for memory calculations 192Last answer memory ANS Temporary memories A-H, X-ZIndependent memory M TVM variablesExample Key operation Statistical variablesMemory calculations General Information Financial calculationsVariables used in ﬁnancial calculations Variables shared among calculationsListed ﬁnancial variables Basic variable operationsTVM variables N, I/Y, PV, PMT, FV ENT and Comp symbols Category Display symbols DescriptionsCash ﬂow diagrams Compound interestTVM Time Value of Money Solver Setting the payment period payment dueVariable Corresponding Description Default Variable key Variables used in the TVM solverBasic examples for the TVM solver Calculating basic loan interest5600000 120024000 44000125586 4008000 Calculating basic loan paymentsFV= 360020000 Calculating future value1000000 1002000 376889Annuity due BGN Specifying payments dueOrdinary annuity END Ordinary annuity360 180030000000 162457014500 240029950 299500627995 3400150000 Calculating down payment and amount to borrow550 3000090000 14655892Variables used in amortization Variable Description Default valueAmortization Calculations 61656 8895148600 104852203428 170048275524 3844574800 1724476Single cash ﬂows Discounted Cash Flow AnalysisEntering cash ﬂow data Repeated cash ﬂows300 000*2200 Conﬁrming and editing dataDeleting data 2500000Editing data Inserting dataVariables used in discounted cash ﬂow analysis 3000000600000 NPV and IRRTo obtain NPV Procedure Key operation Display Bring up the initial disPlay in Normal mode To obtain IRR2314 Calculating the present value of variable cash ﬂows662752 Variables used in bond calculations Setting the day-count methodBond Calculations To obtain bond price Price PV To obtain yield to maturity Yield I/Y15-2023 65010000 720Entering dates 9250728 Variables used in depreciation calculations Setting the depreciation methodDepreciation Calculations Key operation DescriptionPage Calculating straight-line depreciation 30005000000 To change APR to EFF 1956Conversion between APR and EFF To change EFF to APRDay and Date Calculations Variables used in day and date calculationsCalculating number of days 10-200922800 Answer 228 daysCalculate Procedure Key operation Display Move to the last datePercent Change/Compound Interest Cal- culations 5467 750000011600000 800000Cost/Sell/Margin/Markup Calculations 980000113 Variables used in cost/sell/margin/markup calcula- tions88842 455609500 Determining selling priceCalculating the breakeven point Breakeven CalculationsVariables used in breakeven calculations 12000 15000007580 33937Constant Calculations Chain Calculations5000 087071 4500Random dice Random FunctionsRandom numbers Random coinRandom integer 532Modify Function For a two-variable data set x value y value J Entering statistical dataFor a single-variable data set Key operation Sub-mode DisplayEntering statistical data 1000 2000 Linear regression calculations Statistical Calculations and VariablesSingle-variable statistical calculations Quadratic regression calculationVariables Content Single-variable statistical calculation 5300017857 Linear regression calculation Quadratic regression calculation Amortization calculations Financial Calculation FormulasTVM solver Discounted cash ﬂow analysisBond calculations Day and date calculations Depreciation calculationsConversion between APR and EFF Breakeven calculations Statistical Calcula- tion FormulasCost/Sell/Margin/Markup calculations Syntax error Error Errors and Calculation RangesError codes and error types Calculation error ErrorDisplay error Error Equation too long ErrorNo solution Error Input value error ErrorCalculation ranges of functions Function Calculation rangeInteger Battery Replacement When to replace the batteryPriority Levels in Calculations Replacement procedureAutomatic power-off function Key operation and calculation priority SpeciﬁcationsFor more information about business/ ﬁnancial calculators Index Formulas, 72-75 FV, 18, 22, 72 GRAD, 8, 9, 61 Memo