Chapter 11: Financial Features

Conversion functions

11 Apr ( Apr (effective interest rate, number of settlements)

Converts effective interest rate to nominal interest rate

Example

If the effective interest rate is 12.55%, how much is the nominal interest rate for the quarterly compound interest? If the monthly compound interest rate is 10.5%, how much is the nominal interest rate?

12 Eff ( Eff (nominal interest rate, number of settlements)

Converts nominal interest rate to effective interest rate

Example

If the annual (nominal) interest rate is 8%, how much is the effective interest rate for monthly compound interest? How much is it over half a year?

13 days ( days (start month.day year, end month.day year) days (day month.year, day month.year)

Calculates the number of days between dates entered (within the range of 1950 to 2049)

Year, month, and day must be entered in 2-digit form. For example, enter 02 for 2002.

Calculate the number of days from September 1, 1997 to December 31, 2004.

192

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Sharp EL-9900 operation manual Conversion functions, 11 →Apr →Apr effective interest rate, number of settlements

EL-9900 specifications

The Sharp EL-9900 is a remarkable scientific calculator that exhibits a fusion of advanced features, cutting-edge technology, and an ergonomic design tailored for both students and professionals. One of the standout characteristics of the EL-9900 is its extensive range of functions, boasting over 550 built-in calculations that cover various mathematical and scientific disciplines. This calculator is particularly popular among engineering and physics students due to its ability to handle complex calculations with ease.

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The EL-9900 is equipped with a wide array of mathematical functions, including trigonometric, logarithmic, and exponential functions. Notably, it supports fraction calculations, statistical analyses, and unit conversions. Its advanced programming capabilities, such as 36 programmable functions and the ability to store data, further enhance its functionality, allowing users to create custom calculations tailored to specific needs.

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Overall, the Sharp EL-9900 stands out as a versatile scientific calculator packed with features designed to meet the needs of students and professionals alike. Its robust functionality, clear display, and user-friendly design make it a reliable tool for anyone engaged in mathematical and scientific pursuits. Whether used for basic calculations or advanced problem-solving, the EL-9900 remains a powerhouse in the realm of scientific calculators.