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7/29/2019 Sharp Financial Calculator Manual EL738
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BUSINESS/FINANCIAL
CALCULATOR
OPERATION MANUAL
MODEL
EL-738
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NOTICE
SHARP makes no guarantee that
manual is suitable or accurate fo
mercial or otherwise.
Rules and practices in financial c
cording to country, locality, or finis the consumers responsibility
or not the results produced by th
to applicable rules and regulatio
SHARP will not be liable nor respo
or consequential economic or propby misuse and/or malfunctions of th
peripherals, unless such liability is
The material in this manual is supp
sentation or warranty of any kind. Sresponsibility and shall have no liab
sequential or otherwise, from the u
SHARP assumes no responsibility,
for financial losses or claims from t
from the use of this product and anloss of or alteration of stored data,
SHARP strongly recommends that
written records be kept of all impor
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Contents
Introduction ...............................Operational Notes ....................
Key Notations in This Manual ..
Chapter 1: Getting Started .......Preparing to Use the Calculato
Resetting the Calculator In Cas
Calculator and Display Layout ..
The SET UP Menu ...................
Operating Modes .....................
Chapter 2: General InformationBasic Calculations ....................Clearing the Entry and Memorie
Editing and Correcting an Entry
Memory Calculations ...............
Chapter 3: Financial FunctionsGeneral Information .................TVM (Time Value of Money) So
Amortization Calculations ........
Discounted Cash Flow Analysis
Bond Calculations ....................
Depreciation Calculations ........
Conversion between APR and
Day and Date Calculations .......
Percent Change/Compound Int
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Introduction
Thank you for purchasing a SHARP Bu
tor.
After reading this manual, store it in a c
future reference.
Display of examples shown in this m
actly the same as what is seen on th
screen examples will show only the s
explanation of each particular calcula
All company and/or product names aregistered trademarks of their respec
Operational Notes
Do not carry the calculator around in
may break when you sit down. The d
and is particularly fragile.
Keep the calculator away from extrem
dashboard or near a heater, and avosively humid or dusty environments.
Since this product is not waterproof,
where fluids, for example water, can
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Key Notations in This Ma
Key operations are described in this
To specify log :.h
To specify 1 :1 or 1
To specify
xy :iV
To specify CLR-D :.?
To specify ENT :Q
To specify Z :iZ
To specify DATA :J .......
Functions that are printed in oran
. to be pressed first before th
Number entry examples are show
(i.e., 100 will be indicated instea
To specify a memory function (pr
key), pressi first.
Functions that are printed in blac
effective in specific modes.
Using the. andi
Presss.ti
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Chapter 1
Getting Starte
Preparing to Use the Calc
Before using your calculator for the firs(initialize) it.
Resetting the calculator
Press the RESET switch located onthe 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-
MAL mode appears.
Resetting the Calculator In
C i
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Calculator and Display L
Calculator layout
Key
operationkeys
SET UPkey
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Display layout
Equation/variablenamedisplay
Mantissa
During actual use, not all symbols ar
time.
Only the symbols required for the opare shown in the screen examples of
: Appears when the entire equ
Pressg /y to see the
/ : Indicates that variables or dalow the screen. Pressz /
2ndF : Appears when. is pressfunctions shown in orange ar
HYP : Indicates that.] hashyperbolic functions are enab
ALPHA: Indicates thati,g orand storing or recalling memo
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DEG / RAD / GRAD : Indicates whic
It can be changed in the S
: Appears when statistics mo
M : Indicates that a numerical v
pendent memory (M).
: Indicates that the value of t
not been calculated yet (foculated).
The SET UP Menu
Press~ to display the SET UP m
DSP DRG DEPR
0 21i
A menu item can be selected by:
Usingg /y to select a nuwill blink), then pressing=, o
pressing the number key corresp
number. If or is displayed on the scree
view the previous/next part of the m
Presss to exit the SET UP me
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Selecting the floating point numtific notation
The calculator has two settings for disp
number:
FLO_A (FLOAT A) and FLO_B (FLOAT
ting, a number is automatically displayeoutside the following preset ranges:
FLO_A~02: 0.0000000 FLO_B~03: 0.01 | X
Switching the notation setProcedure Key operatio
100000 3 =Fixed decimal pointwith two decimal
places
s1000008=
Scientific notation(SCI) with twosignificant digits
~01
Floating point(FLO_A)
~02
3 1000 =Floating point
s38100=
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Selecting the date format (see p
US (Month-Day-Year):~3 EU (Day-Month-Year):~3
Operating Modes
This calculator has two operating mo
using the MODE key.
Selecting a mode
1. Pressm.
The menu display appears.
2. Press0 or= to se-lect NORMAL mode.
Press1 ory=to select STAT mode.
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Chapter 2
General Inform
Basic Calculations
Entering numbers and arithmetic
Use the number keys0 to9, and sign change key, to enter ntor. To clear the display or entry, pres
Use theS key to enter a value in Use the arithmetic keys+-x
standard arithmetic calculations of adplication, and division. Press= to
Use the( and) keys to plac
inner parts of expressions. The closinbefore= orh may be omitted
When you enter a series of operationcalculator performs the calculation aclevels in calculation on page 81.
Example Key operatio
45 + 285 3 = s45+2858
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*1 N, I/Y, PV, PMT, and FV (P/Y and *2 Note that listed financial variables
with TVM variables, such as COUcalculations, are also cleared or re
*3 Listed variables used in financial c(I/Y), etc.) including P/Y and C/Y
*4 When you press* to enter a fiP1 and AMRT P2 both revert to thsame holds true for YEAR when y
*5 With one of the variables of a listeused in bond calculations) display
pressed, all the variables in the lisrestored to their default settings. Nsharing common memory with listalso cleared or restored to default
s
.bm (Mode selection)
.k0 (MEM)RESET switch
.k1 (RESET)
Operation
: Cleared or restored to the default setting
A-H,M, X-Z
Entry(display) ANS
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Memory clear key
Press.k to display themenu.
To clear all (A-H, M, X-Z, ANS,
TVM variables, listed financial
variables, cash flow data, and STAT)0=.
To RESET the calculator, press1The RESET operation erases all data
restore the calculators default setting
Editing and Correcting an
Cursor keys
In a menu, such as the SET UP menuselect a number (the selected number w
If you need to scroll up or down the s
In financial calculations, such as bon
i orz to move through the va
Playback function
After obtaining an answer, pressingg
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Changing 15 3 = into
Procedure Key operatio
15 3 = s1583=
Enter the playback
function.
y
Switch to overwritemode.
.d
Change 15 to 25and move the cur-sor to 3.
2yy
Change to insertmode.
.d
Change 3 to 13and calculate.
1=
Errors
An error will occur if an operation exranges, or if a mathematically illegal When an error occurs, pressingg
h h l i h
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*1 N, I/Y, PV, PMT, FV*2 All financial variables, except for TVM*3 x, sx, x, n, x, x2, y, sy, y, y, y2,
Temporary memories (A-H, X-Z)
Pressg and the variable key to sto
Pressf and the variable key to recamemory.
To place a variable in an equation, press
Independent memory (M)
In addition to all the other features of tevalue can be added to or subtracted frovalue.
PresssgM to clear the ind
Last answer memory (ANS) The calculation result obtained by prcalculation ending instruction (includoperations) is automatically stored in
Listed financial variables are automa
answer memory by displaying the va
TVM variables
TVM variables can be recalled usingft i It i t
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of calculation (for example, both bosolver use the variable I/Y), you can
switching calculation types and brin
Statistical variables
Statistical data is not entered into vaare the results of the calculation of s
you cannot enter values directly into calculation, however, you can use thvariables in subsequent calculations
Note: Use off ori will recamemory using up to 14 digits
Memory calculations
Example Key oper
24 (8 2) =(8 2) 5 =
s8x2g
248iMiMx5=
$1503:M1+)$250:M2=M1+250
)M25%M
sgM150x3h250h
fMx5..jfM
$1 = 11026 510 = $?
110gY265108fY
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Chapter 3
Financial FuncGeneral Information
Financial calculationsThe following financial functions are avmode to perform financial calculations
TVM (Time Value of Money) solver: Acash flows. These include calculationsleases, savings, annuities and contractregular payments.
Amortization calculations: Calculateschedules using values stored in the T
Discounted cash flow analysis: Anaand calculate NPV (net present value)return).
Bond calculations: Solve bond pricesaccrued interest.
Depreciation calculations: Obtain de
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Variables used in financial calc
Financial calculations use multiple vavalues into variables, you can obtain used in financial calculations are catetwo types, depending on the entry m
TVM variables:Variables that are used in the TVM sI/Y, PV, PMT and FV. You can store, directly using the corresponding keys
Listed financial variables:Variables that are organized into lists
variables can be accessed using thezeach calculation. P/Y and C/Y in the Tvariable.
Variables shared among calcu
Financial variables are specific to theare used in. Values are stored in the
as required. Some variables are shaamong calculations. If you change thcalculation, the value will change in aas well The following list shows the
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Basic variable operations
TVM variables (N, I/Y, PV, PMT, FV)
A. Entering a value
Enter a value and then press the coable key.
Note: You can also enter values into voperations.Ex. 100x 12u
B. Displaying a value
Pressf and the corresponding
C. Executing calculation
Press@ and the corresponding
Listed financial variables
A. Entering a value1. Select the desired financial calc
ing the corresponding financial
2. Usez/i to select the va
3. Enter the value and pressQappears.
Note: In step 3, you can also enter vaarithmetic operations.
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The ENT and COMP symbols
Listed financial variables are categorknown or unknown. When the variabthe ENT and/or COMP symbols wthe current variable may be entered calculated (unknown variable), respe
the explanations or examples for eac
Note: TVM variables (N, I/Y, PV, PM(known variables) and calculahowever, neither ENT nor C
display.
Category Display symbo
For entry only ENT
For calculation only COMP
For entry or calcula-
tion ENT COMP
Calculated automati-cally
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Compound interest
This calculator assumes interest is comfinancial calculations (compound intereest accumulates at a predefined rate oexample, money deposited in a passboa bank accumulates a certain amount
increasing the account balance. The ameach month depends on the balance omonth, including interest added in prevearns interest, which is why it is called
It is important to know the compoundininvestment before starting, because thbased on it. The compounding period i(usually monthly).
Cash flow diagrams
The direction of arrows indicates the di(inflow and outflow) with time. This mancash flow diagrams to describe cash in
Inflow (+)Presentvalue (PV)
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TVM (Time Value of Mon
Analyze equal and regular cash flowtions for mortgages, loans, leases, scontracts or investments with regular
Note: Discounted cash flow analysis
equal cash flows (see page 3An amortization schedule caninformation stored in the TVM
Variables used in the TVM solv
VariableCorresponding
variable keyD
N N Total num
I/Y f Interest r
PV v Present v
PMT u Payment
FV T Future va
P/Y .w Number oC/Y .wi Number o
periods p
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3. Enter values into TVM solver variab Enter a value and press the appr
(N,f,v,u,T) Press.w and then enter
same value is automatically assigues entered into P/Y or C/Y musting values, presss to quit the
After setting P/Y (number of paymuse.< to enter N (total Enter the number of years and pcalculator automatically calculatepayments.
By pressingf/ you can vious normal calculation stored invariable.
Note that some variables are sha
and may have values assigned b4. Press@ and the TVM variable k
The calculation is performed anddisplayed.
Basic examples for the TVM solv
Calculating basic loan
A $56 000 mortgage loan (compounde
1
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Procedure Key opera
Set all the variables todefault values.
.b
Make sure ordinary annuity is set (BGN i
Set the number of pay-ments per year to 12.
.w12
The number of compounding periods persame value as P/Y.
Confirm the number ofcompounding periods
per year.
i
Quit the P/Y and C/Ysettings.
s
Calculate the total num-
ber of payments andstore in N.
20.frequency value
Notes:
Before entering data, press>.previously entered cash flow data.
Press, to enter a negative cash
Make sure the calculator is in NORMsible to enter cash flow data when lisshown on the display. Presss to
You can enter a total of up to 100 cas
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Procedure Key opera
Bring up the initial dis-
play in NORMAL mode.
s
Enter cash flow data. ,25000J
7000J
9000J
5000>2J
8000J
If there is cash flow data stored, clear it.The format of the data set (cash number, which is initially set to 0lator display notation settings.
Confirming and editing data
Confirming data
*1
*1
*2
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Press.z or.i to judata item, respectively.
Each data item is displayed in the forvalue) or CF Nn= (frequency), wherenumber.
Editing data
Display the data item you wish to moenter a new value and pressJ. If a frequency value is set to zero, the
set is deleted.
Deleting data
Display the data item to be deleted bpress.?.
If a cash flow value/frequency is delefrequency/cash flow value is also del
If you wish to delete all data, press.
Inserting data
Using thez andi keys, specifinsert your new data by displaying the directly after, and then press.e
a cash flow value of zero and a frequeinserted. Modify the new data set to inc
Correcting cash flow data
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Procedure Key opera
Change the first cash
flow value from 25,000to 30,000.
,30000J
Change the frequencyof 5000 from 2 to 1.
iiiiii
Add a new data set(6000) immediatelybefore 5000.
.e60
To confirm the corrections, press.
data item and pressi to browse
Variables used in discounted c
Variable Description
RATE (I/Y) Internal rate of return (IR
NET_PV Net present value (NPV)
The variable RATE (I/Y) is shared
is for calculation only and has no d The BGN/END setting is not availa
analysis.
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2. Enter cash flow data. Refer to page 37 for instructions on
3. Press.< to begin discount If a previously entered cash flow v
s to exit and then press.
4. To find NPV or IRR, do the following
To obtain NPV:Enter the interest rate (discounted ratepressQ. Move to NET_PV and calcand@.
To obtain IRR:Press@ to calculate IRR (RATE(I/Y
Note: If Error 5 is displayed in step 4,another IRR, enter an estimated
calculate again in step 4.Solving for unequal ca
Your company pays $12,000 for a newexpects the following annual cash flows
$5,000 for the second to fourth years, ayear. At what IRR does the net presentequal zero?
1
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Procedure Key opera
Enter cash flow data. ,12000J
3000J
5000>3J
4000J
Return to the initial dis-play in NORMAL mode. s
If there is cash flow data stored, clear it.
2. Calculate IRR.
Procedure Key opera
Select discounted cashflow analysis, and set allthe variables to defaultvalues.
.
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$80,000 $80,000
$50,000
$50,000$100,000
$50,000
1. Enter the cash flow data.
Procedure Key operatio
Bring up the initial dis-
play in NORMAL mode.
s
Enter cash flow data. ,50000>J
,150000J
80000>4J
60000J
Return to the initial dis- s
*1
B d C l l i
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Bond CalculationsUsing bond calculations, you can ob
maturity, and accrued interest.
Variables used in bond calcula
Variable Descriptio
COUPON (PMT) Annual coupon rate (%
REDEMPT (FV) Redemption value
M-D-Y 1 Settlement date (date chase)
M-D-Y 2 Redemption date
CPN/Y (N) Number of coupons pe
YIELD (I/Y) Yield to maturity (%)
PRICE (PV) Bond price
ACCU INT Accrued interest
Redemption value of the security You can change the date format toYou can only enter 1 or 2 1
for semi-annual coupons.Per $100 par value.
Note: Bonds are associated with pa
*2
*2
*1
*2
*1
*3
*4
*3
*4
B i ti
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Basic operations
Refer to page 19 for basic variable ope1. Presss to clear the display.
Make sure the calculator is in NO
2. Select bond calculations by
pressing#. To end bond calculations,presss.
If you presss during entry, acleared.
3. Change the day-count setting, if ne.&.
4. Enter the coupon rate (%) into COUthe value and pressingQ.
5. Enter the redemption value into REi, entering the value, and press
6. Enter the date of bond purchase intby pressingi, entering the date For date entry, refer to page 47, E
7. Enter the redemption date into M-Dpressingi, entering the date, a For date entry, refer to page 47, E
Calculating bond price a
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Calculating bond price a
A $100, 20-year, 6.5% coupon bond
August 15, 2023. It was sold on Novpurchaser 7.2% compounded semiawhat price did the bond sell? Also cainterest.
Procedure Key operaBring up the initial dis-play in NORMAL mode.
s
Select bond calcula-tions.
#
Make sure the actual calendar is set (360
Enter the coupon rate(%).
6.5Q
Enter the redemptionvalue.
i100Q
Enter the settlementdate.
i110320
Enter the redemptiondate.
i081520
Enter the number of i 2Q
Procedure Key operatio
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Procedure Key operatio
Change the bond price
to $92.50.
#ii
iiiQ
Calculate the yield. z@
Answer: The yield will be 7.28%.
Entering dates
Refer to the following notes for date en
Enter using US date format (MM-DDmat (DD-MM-YYYY). Refer to the prefollowing explanation.
Month entry
Enter two digits. From 2 to 9, the prece
Day entry
Enter two digits. From 4 to 9, the prece
Year entry
Enter four digits. From 2010 to 2099,
first 2 may be omitted. From 1901 tothe first 1 may be omitted.
After entry, the date will be stored anth k ill b di l d
Depreciation Calculation
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Depreciation Calculation
Using depreciation calculations, youbase values using three types of calcstraight-line method, the sum-of-the-the declining balance method.
Variables used in depreciationVariable Descriptio
DB (I/Y) Interest per year
LIFE (N) Years of depreciation
START MONTH Starting month
COST (PV) Cost of asset
SALVAGE (FV) Salvage value
YEAR Year for calculating dep
DEPRECIATE Depreciation value of a
RBV Remaining book value
RDV Remaining depreciatio
DB (I/Y) appears only when you smethod) for the depreciation meth
Setting the depreciation metho
*1
*1
2 Select the depreciation method (se
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2. Select the depreciation method (se
3. Select depreciation calculations
by pressingO. When using the declining
balance method, DB (I/Y) ap-pears. Enter the number and pres
To end depreciation calculations,
s during entry, any entered va
4. Enter the number of years of deprepressingi, entering the value, When using the straight-line meth
positive real number, while for theshould be a positive integer.
5. Enter the starting month into STARi, entering the value, and press You can enter values between 1 a
Generally, it is not necessary to enHowever, if you wish to enter, for eJuly, enter 7.5; where the decimalvalue of the given date divided byin the month.
6. Enter the cost of asset into COST (entering the value, and pressingQ
7 Enter the salvage value into SALVAG
Calculating straight-line
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Calculating straight line
In April, your company begins depre
building with a 30-year life and no sacosts $1,500,000. Calculate the depbook value and remaining depreciabusing the straight-line depreciation m
Procedure Key opera
Bring up the initialdisplay in NORMALmode, and select thestraight-line deprecia-tion method.
s~2
Select depreciationcalculations.
O
Enter the number ofyears of depreciation.
i30Q
Enter the startingmonth.
i4Q
Enter the cost of asset. i150000
Enter the salvage value.i0Q
Conversion between APR
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Conversion between APR
Interest rates can be converted betweenal percentage rate) and EFF (effective
The APR is an investments annual rpounding happens only once a year. on a bond is an example of an APR.
The EFF is an investments annual rapounding happens more often than oactual amount of return for a given noif your investment compounds month
nal percentage rate becomes a montreflects your actual annual rate of ret
Basic operations
1. Presss to clear the display. Main NORMAL mode.
2. Enter the calculation data in the foll
To change APR to EFF:
Number of compounding periods
percentage rate.P
To change EFF to APR:
Number of compounding periods
Day and Date Calculatio
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Day and Date Calculatio
Using day and date calculations, younumbers of days between dates.
Variables used in day and date
Variable Descriptio
M-D-Y 1 The first date
M-D-Y 2 The last date
DAYS Number of days
You can change the date format to
Setting the day-count method
You can toggle between the actual cyears) and a 360-day calendar (12 musing.&. The actual calendnot displayed). The calendar range isDecember 31, 2099.
Basic operationsRefer to page 19 for basic variable o
1. Presss to clear the display.
*1
*1
*1
Calculating number of 1
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g
Calculate the number of days between
August 10, 2009 (using US date formadar).
Procedure Key operatio
Bring up the initial dis-
play in NORMAL mode.
s
Select day and datecalculations, and set allthe variables to defaultvalues.
K.b
Make sure the actual calendar is set (360 is
Enter the first date. 12252008Q
Enter the last date. i8102009Q
Move to DAYS andcalculate.
i@
Answer: 228 days If the 360-day calendar is selected, the
Finding a date2
Procedure Key opera
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y p
Move to the last date
and calculate.
z@
Answer: The last date is February 2
Percent Change/CompoculationsUsing percent change/compound intdetermine the values of percentage decrease) or interest rates compoun
Variables used in percent chancalculations
Variable Descriptio
OLD PRC (PV) Old price (old value)
NEW PRC (FV) New price (new value)
% (I/Y) Percent change
PERIODS (N) Number of compoundin
Basic operations
Refer to page 19 for basic variable o
Calculating percent ch1
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Sales in a company were $75,000 duri
tion. The second years sales were $11greater were the second years sales thIn this calculation, the number of comp(default).
Procedure Key operatioBring up the initial dis-play in NORMAL mode.
s
Select percent change/compound interest
calculations, and set allthe variables to defaultvalues.
.B.
Enter the old value. 75000Q
Enter the new value. i116000Q
Calculate the percentchange.
i@
Answer: The second years sales incrthe first years sales.
Procedure Key opera
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Enter the new value. i9800Q
Set the number of com-pound periods to 18.
ii18
Calculate the com-
pound interest rate.
z@
Answer: The compound interest rat
Cost/Sell/Margin/Markup
Using cost/sell/margin/markup calcucosts, selling prices, margins and ma
Variables used in cost/sell/mar
tions
Variable Descriptio
COST Cost
SELL Selling price
MARGIN Profit margin (%)
MARK UP Markup (%)
*1
*2
3. Enter the values of any two known
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Unknown variable Know
COST SELL, and MARGIN
SELL COST, and MARGIN
MARGIN COST and SELL
MARK UP COST and SELL
Because only either MARGIN or MAcost/sell/margin/markup calculationis given a value of ----------. Initially----------. If you enter a value for MA
to ----------, and vice versa.
4. Move to the variable you wish to caandi keys, and press@ to
Determining selling price
In a furniture business, it is desirable tofrom cost to retail price for each item. A$455.60. What should its selling price b
Procedure Key operatioBring up the initial dis-play in NORMAL mode.
s
*1
Breakeven Calculations
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Using breakeven calculations, you caable cost per unit, unit price, profit an
Variables used in breakeven ca
Variable Descriptio
FIXED Fixed cost
VARIABLE Variable cost per unit
PRICE Unit price
PROFIT Profit
QUANTITY Quantity
Basic operations
Refer to page 19 for basic variable o
1. Presss to clear the display. Make sure the calculator is in N
2. Select breakeven calculations
by pressing$. To end breakeven calcula-
tions, presss.
Procedure Key operatio
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Select breakeven
calculations, and set allthe variables to defaultvalues.
$.b
Enter fixed cost. 15000Q
Enter variable cost perunit.
i75.80Q
Enter unit price. i120Q
Leave profit as is. i
Calculate quantity. i@
Answer: The breakeven point of this p
Chapter 4
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Scientific FunThis calculator has a variety of funct
select NORMAL mode and perform
For basic calculations, see page 1 When a listed financial variable is d
the result of a scientific calculation
immediately after completing the c
Scientific calculations can also be p
The examples in this chapter are aUP menus default settings. Before
s to clear the display.
Constant Calculations
Example Key opera
34 + 57 = s34+
45 + 57 = 45=
68 25 = 68x25=
68 40 = 40=
In constant calculations the adden
Scientific Calculations
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Example Key operatio
sin 60 [] = s.{=
cos [rad] = ~11c(.
84)=tan1 1 [g] = ~12
71=
tan1 1 [] = ~1071=
The range of the results of inverse tri
= sin1
x,= tan1
x
DEG 90 90
RAD
GRAD 100 100
Example Key operation
(cosh 1.5 +sinh 1 5)2 =
s(.]c+.]{1 5
4
2
2
Example Key operation
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4! = 4.o=
10P3 = 10.q3=
5C2 = 5.p2=
What is 25%of 500?
500x25.%
Whatpercentage of400 is 120?
1208400.%
500 + (500 25%) =
500+25.%
400 (400 30%) =
400-30.%
Random Functions
This calculator has four kinds of randtion of the- key).
Random numbers
A pseudo-random number, consistinfrom zero up to 0.999, can be genera
0=. To generate further randpress= for each number Presss
Random integer
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An integer between 0 and 99 can be g
pressing.|3=. To genumbers in succession, press= fo
s to exit.
Example Key operatio
Pick a random numberbetween zero and 9.99.
s.|x10=
The result will not be the same each
performed.
Modify Function
Calculation results are internally obtain
with a mantissa of up to 14 digits. How
results are displayed in the form designtion and the number of decimal places
calculation result may differ from that h
the modify function (the 2nd function o
internal value is converted to match tha
the displayed value can be used withouoperations.
Example Key operation
Chapter 5
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Statistical FuStatistical calculations can be perform
symbol will be visible if you are i
There are seven sub-modes within S
to each of the functions below:
Key operation Sub-mode
m10
m11
m12
m13
m14
m15
m16
SD: Single-variable s
LINE: Linear regress
QUAD: Quadratic re
EXP: Exponential reg
LOG: Logarithmic re
PWR: Power regress
INV: Inverse regress
Entering statistical data
Before you can perform statistical ca
enter your data. In STAT mode, usekey) to enter the following:
You can enter a total of up to 100 sta
data items. For single-variable data, a
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data items. For single variable data, a
frequency is counted as one data itean assigned frequency is counted as
variable data, a data set without a fre
two data items, while a data set with
counted as three data items.
If you wish to correct a value before pL or s to delete the entry, the
Entering statistical data
Enter the data in the table to the right u
the Stat 0 sub-mode.
Procedure Key operatio
Enter the Stat 0 sub-mode.
sm1
Enter statistical data. 30J
40>2J
*1
Confirming and editing data
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Use z /i to display a dataentered data set.
Press .z or .i todata item, respectively.
Each data item is displayed in the
(y value), or FRQn= (frequency)
number.
Editing data
Display the data item you wish to m
X1=
1000
D
x
Y1=
2000
D
y
FRQ1=
1100
D
F
Editing statistical data
Change the previously entered data fro
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Change the previously entered data fro
Procedure Key operatio
Display the statisticaldata.
i
Change the 40, 2 dataset to 45, 3.
ii45Ji3J
Delete 50. i.?
Add 60. 60J
Statistical Calculations an
DATA
30
40
40
50
D
The estimate of y for a given x (estim
of x for a given y (estimate x) can als
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g ( )
are two x values, the COMP symbol switch between x values.
Exponential regression, logarier regression, and inverse regr
Section and results, except for
The estimate of y for a given x (estim
of x for a given y (estimate x) can als
calculator converts each formula into
actual calculation takes place, it obtacoefficients a and b from converte
entered data.
Variables
n Number of samples
x Mean of samples (x
sx Sample standard de
x Population standard
x Sum of samples (x v
Single-variable statistic
E l K ti
1
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Example Key operation
m10.b
95 95J
80 80J
80 J
757575
75>3J
50 50J
x = f=
x = f2
n = fn
x fU
DATA
Linear regression ca2
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Example Key operation
x y
m11
2 5 2>5J
2 5 J
12 24 12>24J
212121
404040
21>40>3
15 25 15>25J
a = fa
b = fb
r = fr
sx = f4
DATA
Quadratic regression c3
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Example Key operation
x y
m12
12 41 12>41J
8 13 8>13J
5 2 5>2J
23 200 23>200J
15 71 15>71J
a = fa
b = fb
c = fa
x = 10 y= ? 10.?
y = 22 x= ? 22.9
DATA
Appendix
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Financial Calculation FoTVM solver
PMT, PV, FV, N
Error
If Plow
Err
i
Am
Cal
(for
E
B
P
B
IN
P
B
RO
Bond calculations
In its bond calculations this calculator co
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In its bond calculations, this calculator co
the book titled Standard Securities CalcuMayle, Securities Industry Association, 1Bond calculation is based on the followin
1. Whenever the redemption date happemonth, coupons are also paid on the
example, if coupon payments are semtion date is September 30, coupon paand September 30.
2. If coupons are to be paid twice a yearis set to August 29, 30, or 31, coupon
occur on the 28th (29th for leap years
3. The Odd Coupon is not supported.
4. All data stored or calculated for bondstive values. Negative values in any of calculations will cause errors.
The formulas used for bond calculations aing variable definitions:TD: Total number of days in the coupon
coupon date previous to the settlemefirst coupon date after the settlemencalendar, TD is 180 for semi-annual coupon.)
PD: The number of days preceding the s
Depreciation calculations
ROUND(NUM): If a display notation tab
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ROUND(NUM): If a display notation tab
setting has been chosen, NUM is rounded andtruncated to the specified number of places
after the decimal point.
In the following equations, M01 = START
MONTH, LIF = LIFE(N), CST = COST(PV),
SAL = SALVAGE(FV), and DB = DB(I/Y).
Straight-line method (SL)Calculations
If 1 < n < end_year then
Results
Res
ErrC
S
C
L
I/
Co
30/360 Sta
tion
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1. Adjust D1 and D2 according to the fol-lowing rules:
(1) If D2 and D1 are both the last day of
February, change D2 to 30.
(2) If D1 is the last day of February,
change D1 to 30.
(3) If D2 is 31 and D1 is 30 or 31, changeD2 to 30.
(4) If D1 is 31, change D1 to 30.
2. Calculate using the following formula:
DAYS = (Y2 Y1) 360 + (M2 M1)
30 + (D2 D1)
Actual
Percent change/Compoundinterest calculations
where NEW = NEW PRC(FV), OLD = OLD
PRC(PV), %CH = %(I/Y), PD = PERIODS(N)
Error
tion
T
Linea
Quad
Expo
Loga
Powe
Invers
x =
sx=
x=
x = x
x2 =
y=
Errors and Calculation R
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ErrorsAn error will occur if an operation ex
es, or if a mathematically illegal oper
an error occurs, pressingg orythe cursor back to the place in the eq
curred. Edit the equation or presss
Note: If an error occurs during the a
listed financial variable, press
displays the first variable in th
Error codes and error types
Syntax error (Error 1):
An attempt was made to perform a
Ex. 2+- 5= During the editing or insertion of ca
a value was entered but.?
Calculation error (Error 2):
The absolute value of an intermed
result equals or exceeds 10100
. An attempt was made to divide by
The calculation ranges were excee
Equation too long (Error 4):
The equation exceeded its maximum
ters)
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ters).
An equation must be shorter than 16
No solution (Error 5):
The iteration limit was exceeded whi
following values in an overly complex
I/Y (TVM solver) IRR (Discounted cash flow analysis
YIELD (Bond calculations)
If you get an error while calculating IR
value into RATE(I/Y) and calculate ag
Display error (Error 6):
An attempt was made to display 9.9
play notation tab number was set to
If this happens, presss and~
display notation settings to floating pInput value error (Error 7):
An attempt was made to enter a non
Ex. February 30th
An attempt was made to enter an inv
financial calculation. a negative value or 0 into P/Y or C
anything except an integer betwee
*1
Calculation ranges of function
Within the ranges specified, this calc
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of the least significant digit of the maerror increases in continuous calcula
each calculation error. (This is the sa
scientific calculations [yx,
x, e
x, ln, n
calculations are performed internally
Additionally, a calculation error will acin the vicinity of inflection points and
In financial calculations, a calculat
interest is low or the number of pay
if youd like to cancel the calculatioscreen is displayed.
Calculation ranges
1099 to 9.999999999 1099
If the absolute value of an entry or aof a calculation is less than 1099, the
0 in calculations and in the display.
Function Calcu
sin x cos x
DEG: | x | < 1010
(tanx : | x |
RAD: | x | 0: 10100 < 1
x
logy
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x y
x
y = 0: 0
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Notes on battery replacement
Improper handling of battery can cau
explosion. Be sure to observe the fol
Make sure the new battery is the c
When installing, orient the battery
calculator.
The factory-installed battery may b
reaches the service life stated in th
Note on the erasure of memory c
When the battery is replaced, the m
erased. Erasure can also occur if th
or when it is repaired. Make a note
contents in case accidental erasure
When to replace the battery
If the display has poor contrast, or if
screen, even whens is pressed,
tery.Caution
Replacement procedure
1. Turn the power off by pressing.
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2. Loosen the screw and remove the b
(see fig. 1)
3. Remove the used battery using a b
pen or similar object. Do not use a
cal pencil or any sharp or pointed oremove the battery. (see fig. 2)
4. Install a new battery into the battery
with the positive side (+) facing up.
5. Replace the battery cover and the s6. Press the RESET switch located on
the calculator with the tip of a ball-p
or similar object. Do not use an obje
breakable or sharp tip. (see fig. 4)
Make sure that the display appears aIf not, remove the battery, reinstall, a
the display again.
000
Key operation and calcu
5+2x.{30+2
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Parenthesized operations take prece
SpecificationsCalculations: Financial caGeneral aritScientific caStatistical ca
Calculation method: D.A.L. (DirecInternal calculations: Mantissas o
Pending operations: 24 calculatio
Power source: 3.0 V (DCLithium batt
Power consumption: 0.0004 W
Operating life: Approx. 5 ye
Index v,|,f,~,
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>, 37, 51, 64+-x8, 4, 11=, 11, 15,, 11, 37, 61(), 11, 16, 61
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EFF, 17, 51, 74ENT (symbol), 7, 20Entering dates, 47Entering numbers, 11Error, 14, 7678EXP, 64Financial calculations, 17, 18, 72FIXED, 58, 75FLO_A (FLOAT A), FLO_B (FLOAT B), 7, 9Floating point, 8, 9Formulas, 7275FV, 18, 22, 72GRAD, 8, 9, 61, 78
Independent memory (M), 8, 12, 14, 15Insert mode, 13INV, 64IRR, 40, 41, 72, 77I/Y, 18, 22, 72, 77LIFE (N), 18, 48, 74LINE, 64
Listed financial variables, 12, 14, 15, 18, 19LOG, 64M (symbol), 8MARGIN, 56, 75MARK UP, 56, 75M-D-Y 1, M-D-Y 2, 18, 44, 52, 73, 75Memory clear key, 5, 12, 13
Modify function, 63N, 18, 22, 72NORMAL mode, 10, 17, 60NET PV, 40
RDREREReSASCScScSDSESESLSp
ST
STAStaStaStaSym
SYTATemTV
1TVVA
YEYIE
MEMO
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For USA only:
This product contains a CR Coin L
i P hl M i l
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contains Perchlorate Material spCalifornia residents,
See www.dtsc.ca.gov/hazardous
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