Sharp EL-738 operation manual Percent Change/Compound Interest Cal- culations, Calculate

Page 55
OLD PRC(PV)=
000

Procedure

Key operation

Display

 

 

 

Move to the last date

z@

M-D-Y 2=[MO]

and calculate.

 

2-21-2011

 

 

Answer: The last date is February 21, 2011.

Percent Change/Compound Interest Cal- culations

Using percent change/compound interest calculations, you can determine the values of percentage rates of change (increase or decrease) or interest rates compounding periodically.

Variables used in percent change/compound interest calculations

Variable

Description

Default value

OLD PRC (PV)

Old price (old value)

0

 

 

 

NEW PRC (FV)

New price (new value)

0

 

 

 

% (I/Y)

Percent change

0

 

 

 

PERIODS (N)

Number of compounding periods

1

 

 

 

Basic operations

Refer to page 19 for basic variable operations.

1. Press sto clear the display.

• Make sure the calculator is in NORMAL mode.

2. Select percent change/com- pound interest calculations by pressing .B.

•To end percent change/com-

pound interest calculations, press s.

•If you press sduring entry, any entered values will be cleared.

3.Enter the values of any three known variables: old price, new price, percent change, or number of compounding periods.

4.Move to the variable you wish to calculate, using the z and ikeys, and press @to calculate.

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Contents EL-738 Page Contents Operational Notes IntroductionKey Notations in This Manual Using the .andKeys Resetting the calculator Resetting the Calculator In Case of DifficultyPreparing to Use the Calculator Calculator layout Calculator and Display LayoutKey operation keys 2ndF Display layoutSelecting the display notation and number of decimal places SET UP MenuSelecting the angular unit see 33333330003 000Selecting the date format see Selecting a modeOperations available in each mode Operating ModesBasic Calculations 14000343 9000Delete key ⋅ ⋅Playback function Editing and Correcting an EntryMemory clear key Cursor keys192 ErrorsMemory use in each mode for memory calculations 500TVM variables Temporary memories A-H, X-ZIndependent memory M Last answer memory ANSMemory calculations Statistical variablesExample Key operation Financial calculations General InformationVariables shared among calculations Variables used in financial calculationsTVM variables N, I/Y, PV, PMT, FV Basic variable operationsListed financial variables Category Display symbols Descriptions ENT and Comp symbolsCompound interest Cash flow diagramsVariables used in the TVM solver Setting the payment period payment dueVariable Corresponding Description Default Variable key TVM Time Value of Money SolverCalculating basic loan interest Basic examples for the TVM solver44000 120024000 5600000Calculating basic loan payments 4008000 125586Calculating future value 360020000 FV=376889 1002000 1000000Ordinary annuity Specifying payments dueOrdinary annuity END Annuity due BGN1624570 180030000000 360299500 240029950 14500Calculating down payment and amount to borrow 3400150000 62799514655892 3000090000 550Amortization Calculations Variable Description Default valueVariables used in amortization 8895148 616561700 104852203428 6001724476 3844574800 48275524Repeated cash flows Discounted Cash Flow AnalysisEntering cash flow data Single cash flowsConfirming and editing data 000*2200 300Inserting data 2500000Editing data Deleting dataNPV and IRR 3000000600000 Variables used in discounted cash flow analysisTo obtain IRR Procedure Key operation Display Bring up the initial disPlay in Normal mode To obtain NPVCalculating the present value of variable cash flows 2314662752 Bond Calculations Setting the day-count methodVariables used in bond calculations To obtain yield to maturity Yield I/Y To obtain bond price Price PV720 65010000 15-2023728 9250Entering dates Key operation Description Setting the depreciation methodDepreciation Calculations Variables used in depreciation calculationsPage 5000000 3000Calculating straight-line depreciation To change EFF to APR 1956Conversion between APR and EFF To change APR to EFFVariables used in day and date calculations Day and Date CalculationsAnswer 228 days 10-200922800 Calculating number of daysPercent Change/Compound Interest Cal- culations Procedure Key operation Display Move to the last dateCalculate 800000 750000011600000 5467Variables used in cost/sell/margin/markup calcula- tions 980000113 Cost/Sell/Margin/Markup CalculationsDetermining selling price 455609500 88842Variables used in breakeven calculations Breakeven CalculationsCalculating the breakeven point 33937 15000007580 12000Chain Calculations Constant Calculations4500 087071 5000Random coin Random FunctionsRandom numbers Random diceModify Function 532Random integer Key operation Sub-mode Display Entering statistical dataFor a single-variable data set For a two-variable data set x value y value JEntering statistical data 1000 2000 Quadratic regression calculation Statistical Calculations and VariablesSingle-variable statistical calculations Linear regression calculationsVariables Content 17857 53000Single-variable statistical calculation Linear regression calculation Quadratic regression calculation Discounted cash flow analysis Financial Calculation FormulasTVM solver Amortization calculationsBond calculations Conversion between APR and EFF Depreciation calculationsDay and date calculations Cost/Sell/Margin/Markup calculations Statistical Calcula- tion FormulasBreakeven calculations Calculation error Error Errors and Calculation RangesError codes and error types Syntax error ErrorInput value error Error Equation too long ErrorNo solution Error Display error ErrorFunction Calculation range Calculation ranges of functionsInteger When to replace the battery Battery ReplacementAutomatic power-off function Replacement procedurePriority Levels in Calculations For more information about business/ financial calculators SpecificationsKey operation and calculation priority Index Formulas, 72-75 FV, 18, 22, 72 GRAD, 8, 9, 61 Memo
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