Sharp EL-738 Variables used in financial calculations, Variables shared among calculations

Models: EL-738

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Variables used in financial calculations

Financial calculations use multiple variables. By entering known values into variables, you can obtain unknown values. Variables used in financial calculations are categorized into the following two types, depending on the entry method.

TVM variables:

Variables that are used in the TVM solver. These include N, I/Y, PV, PMT and FV. You can store, recall or calculate values directly using the corresponding keys.

Listed financial variables:

Variables that are organized into lists in different categories. These variables can be accessed using the z/ icursor keys in each calculation. P/Y and C/Y in the TVM solver are of this type of variable.

Variables shared among calculations

Financial variables are specific to the type of calculation they are used in. Values are stored in these variables and recalled as required. Some variables are shared (in the memory area) among calculations. If you change the value of a variable in one calculation, the value will change in all the other calculations as well. The following list shows the variables shared between calculations. While calculating, be aware of the values stored in these variables.

TVM

Discounted

Bond

Depreciation

Percent change/

Day and date

cash flow

Compound inter-

solver

analysis

calculations

calculations

est calculations

calculations

 

 

 

 

 

 

 

 

 

 

N

CPN/Y (N)

LIFE (N)

PERIODS (N)

 

 

 

 

 

 

I/Y

RATE (I/Y)

YIELD (I/Y)

DB (I/Y)

% (I/Y)

 

 

 

 

 

 

PV

PRICE (PV)

COST (PV)

OLD PRC (PV)

 

 

 

 

 

 

PMT

COUPON

(PMT)

 

 

 

 

 

FV

REDEMPT

SALVAGE (FV)

NEW PRC (FV)

(FV)

 

 

 

 

 

 

 

 

 

 

 

M-D-Y 1*

M-D-Y 1*

D-M-Y 1

D-M-Y 1

 

 

 

 

M-D-Y 2 *

M-D-Y 2 *

D-M-Y 2

D-M-Y 2

 

 

 

 

*The variable names vary according to the data format settings.

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Sharp EL-738 operation manual Variables used in financial calculations, Variables shared among calculations