sharp financial calculator manual el738

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.




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



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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).




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.



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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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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



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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.


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.


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.


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


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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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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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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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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PRINTED IN CHINA / IMPRIM EN CHINE / IMPRESO EN CHINA06GGK (TINSE1258EHZZ)

sharp financial calculator manual el738

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