[PDF] [PDF] USING THE SHARP EL 738 FINANCIAL CALCULATOR

In these notes, we use the same logic used with manual calculations and set our payments to one payment per period SHARP EL738 Financial Calculator KEYS



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[PDF] USING THE SHARP EL 738 FINANCIAL CALCULATOR

In these notes, we use the same logic used with manual calculations and set our payments to one payment per period SHARP EL738 Financial Calculator KEYS



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[PDF] USING THE SHARP EL 738 FINANCIAL CALCULATOR

USINGTHESHARPEL738FINANCIALCALCULATOR

PreparedbyColinCSmith2010

Someimportantthingstoconsider

theory.

3.Thelogicusedinapproachingthese

i m )andthenumberofyearswillbe convertedtocompoundingperiods(nxm). INDEX Page

GettingStarted

2

Lumpsums-

PresentValuesandFuturevalues

3 4

5Ͳ6

7Ͳ9

theyieldtomaturity 10

NetPresentValueandInternalRateofReturn

11

GETTINGSTARTED

ColinCSmith20102

FUNCTIONSETͲUP

SETTINGPAYMENTSPERPERIOD

Inthesenotes,weusethe

samelogicusedwith manualcalculationsandsetourpaymentstoone paymentperperiod.

SHARPEL738FinancialCalculator

KEYSDISPLAY

2ndFP/Y1ENT1.00

ON/C1.00

DECIMALPLACES

Tosetyourcalculatortotheconventionaltwo

decimalplacesorfourdecimalplaces.

SHARPEL738FinancialCalculator

KEYSDISPLAY

SETUP0020.00

SETUP0040.0000

DECIMALPOINT

CLEARINGPREVIOUSWORK

SHARPEL738FinancialCalculator

KEYSDISPLAY

2ndFCA0.0000

SETTINGFORPAYMENTSATBEGINNINGOFTHEPERIOD

Ifyouareworkingwithanannuitydue

youmustset yourcalculatortopeformcaluationsfromthe "BGN"

SHARPEL738

KEYSDISPLAY

IfitdoesdisplayBGN0.00

2ndFBGN

Removesthis0.00

LUMPSUMS-FUTUREVALUESANDPRESENTVALUES

ColinCSmith20103

*seegettingstarted

1.SimpleFutureValue(FV)

SHARPEL738FinancialCalculator

KEYSDISPLAY

*MustnotdisplayBGN

2ndFCA0.0000

5,000+/ͲPVͲ5,000.00

8I/Y8.00

5N5.00

COMPFV7,346.64

2.FutureValue(FV)withfrequentcompounding

YouhavesavedR10,000andinvestthisinafixed

for4years.Howwillyoureceivein4yearstime?

SHARPEL738FinancialCalculator

KEYSDISPLAY

*MustnotdisplayBGN

2ndFCA0.00

10,000+/ͲPVͲ10,000.00

10.5÷4I/Y2.63

4x4N16.00

COMPFV15,137.38

3.SimplePresentValue(PV)

Youhavejustturned20yearsofageandyourlate

payableonyour25 th birthday.Yourfatheroffersto giveyouthepresentvaluetodayincash.Atan muchmustyourfathergiveyoutoday?Whatisthe presentvalueofthebequest?

SHARPEL738Financial

Calculator

KEYSDISPLAY

*MustnotdisplayBGN

2ndFCA0.00

5,000FV5,000.00

10I/Y10.00

5N5.00

COMPPVͲ3,104.61

UncleGeorgeismoregenerousandleavesyoua

amounttobuyyourdreamcarwhenyoucomplete thatthedreamcarwillcostR220,000 atthattime.

Abankisofferingyoua5yearfixeddepositat

11.5%compoundedmonthlyfor5years.Howmuch

shouldyouinvesttoday?

SHARPEL738FinancialCalculator

KEYSDISPLAY

*MustnotdisplayBGN

2ndFCA0.00

220,000FV220,000.00

11.5÷12I/Y0.96

5x12N60.00

COMPPVͲ124,134.45

ColinCSmith20104

*seegettingstarted

5.Calculatingtheinterestrate

AnamountofR400,000isinvestedinasavings

quotesdbs_dbs7.pdfusesText_5