Sharp EL-738 Preparing to Use the Calculator, Resetting the Calculator In Case of Difﬁculty

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Chapter 1

Getting Started

Preparing to Use the Calculator

Before using your calculator for the ﬁrst time, you must reset (initialize) it.

Resetting the calculator

Press the RESET switch located on the back of the calculator with the tip of a ball-point pen or similar object. Do not use an object with a breakable or

sharp tip.

• After resetting the calculator,
the initial display of the NOR-	000
MAL mode appears.	000

Resetting the Calculator In Case of Difﬁculty

Caution:

The RESET operation will erase all data stored in memory and restore the calculator’s default setting.

In rare cases, all the keys may cease to function if the calculator is subjected to strong electrical noise or heavy shock during use. If pressing any of the keys (including s) has no effect, reset the calculator.

Resetting the calculator

See the above procedure.

Note: Pressing .kand 1=will also erase all data stored in memory and restore the calculator’s default setting.

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Contents EL-738 Page Contents Introduction Operational NotesUsing the .and Key Notations in This ManualKeys Resetting the Calculator In Case of Difﬁculty Resetting the calculatorPreparing to Use the Calculator Calculator and Display Layout Calculator layoutKey operation keys 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 variablesStatistical variables Memory calculationsExample Key operation General Information Financial calculationsVariables used in ﬁnancial calculations Variables shared among calculationsBasic variable operations TVM variables N, I/Y, PV, PMT, FVListed ﬁnancial variables 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 14655892Variable Description Default value Amortization CalculationsVariables used in amortization 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 Setting the day-count method Bond CalculationsVariables used in bond calculations To obtain bond price Price PV To obtain yield to maturity Yield I/Y15-2023 65010000 7209250 728Entering dates Variables used in depreciation calculations Setting the depreciation methodDepreciation Calculations Key operation DescriptionPage 3000 5000000Calculating straight-line depreciation 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 daysProcedure Key operation Display Move to the last date Percent Change/Compound Interest Cal- culationsCalculate 5467 750000011600000 800000Cost/Sell/Margin/Markup Calculations 980000113 Variables used in cost/sell/margin/markup calcula- tions88842 455609500 Determining selling priceBreakeven Calculations Variables used in breakeven calculationsCalculating the breakeven point 12000 15000007580 33937Constant Calculations Chain Calculations5000 087071 4500Random dice Random FunctionsRandom numbers Random coin532 Modify FunctionRandom integer 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 53000 17857Single-variable statistical calculation Linear regression calculation Quadratic regression calculation Amortization calculations Financial Calculation FormulasTVM solver Discounted cash ﬂow analysisBond calculations Depreciation calculations Conversion between APR and EFFDay and date calculations Statistical Calcula- tion Formulas Cost/Sell/Margin/Markup calculationsBreakeven 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 batteryReplacement procedure Automatic power-off functionPriority Levels in Calculations Speciﬁcations For more information about business/ ﬁnancial calculatorsKey operation and calculation priority Index Formulas, 72-75 FV, 18, 22, 72 GRAD, 8, 9, 61 Memo