EL-738 Operation Manual
Page 8
...the screen examples of each interval) calculations. 360 : Indicates that i, g or f has been pressed, and storing or recalling memory values or TVM solvers/statistics variables can be performed. COMP : Indicates that the functions shown in orange are present above/below the screen. It can... be displayed. is not displayed, date calculations use , not all symbols are displayed at...
...the screen examples of each interval) calculations. 360 : Indicates that i, g or f has been pressed, and storing or recalling memory values or TVM solvers/statistics variables can be performed. COMP : Indicates that the functions shown in orange are present above/below the screen. It can... be displayed. is not displayed, date calculations use , not all symbols are displayed at...
EL-738 Operation Manual
Page 18
... rates can be converted between dates. Use NORMAL mode to maturity with regular payments. Discounted cash flow analysis: Analyze unequal cash flows and calculate NPV (net present value) and IRR (internal rate of days between APR (annual, or nominal percentage rate) and EFF (effective interest rate). TVM (Time...
... rates can be converted between dates. Use NORMAL mode to maturity with regular payments. Discounted cash flow analysis: Analyze unequal cash flows and calculate NPV (net present value) and IRR (internal rate of days between APR (annual, or nominal percentage rate) and EFF (effective interest rate). TVM (Time...
EL-738 Operation Manual
Page 22
... a periodic basis. The compounding period is called compound interest. Future value (FV) 21 Present Inflow (+) value (PV) Cash flow Outflow (-) Time Payment (PMT) ...... Compound interest accumulates at a bank accumulates a certain amount of interest received each month, increasing the account balance. Compound interest This calculator assumes interest is compounded periodically in flow and out...
... a periodic basis. The compounding period is called compound interest. Future value (FV) 21 Present Inflow (+) value (PV) Cash flow Outflow (-) Time Payment (PMT) ...... Compound interest accumulates at a bank accumulates a certain amount of interest received each month, increasing the account balance. Compound interest This calculator assumes interest is compounded periodically in flow and out...
EL-738 Operation Manual
Page 23
...period) using the information stored in the TVM solver (see page 37). Refer to clear the display. • Make sure the calculator is not displayed). Press s to page 28 for mortgages, loans, leases, savings, annuities, and contracts or investments with regular ...annuity due (payment at the beginning of compounding 1 periods per year 1 C/Y . TVM (Time Value of payments 1 I/Y f Interest rate per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y . The default setting is ordinary annuity (BGN is in the TVM solver Variable Corresponding variable...
...period) using the information stored in the TVM solver (see page 37). Refer to clear the display. • Make sure the calculator is not displayed). Press s to page 28 for mortgages, loans, leases, savings, annuities, and contracts or investments with regular ...annuity due (payment at the beginning of compounding 1 periods per year 1 C/Y . TVM (Time Value of payments 1 I/Y f Interest rate per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y . The default setting is ordinary annuity (BGN is in the TVM solver Variable Corresponding variable...
EL-738 Operation Manual
Page 25
... ordinary annuity is 7.17%. Set the number of compounding periods per year to the same value as P/Y. ANS~N 24000 Enter the present value. 56000 v 56---~PV 5600000 Enter payment. , 440 u (-44-)~PMT -44000 Enter the future value. 0 T -~FV 000 Calculate the annual interest rate. @ f I/Y= 717 Answer: The annual interest rate is set to 12. After...
... ordinary annuity is 7.17%. Set the number of compounding periods per year to the same value as P/Y. ANS~N 24000 Enter the present value. 56000 v 56---~PV 5600000 Enter payment. , 440 u (-44-)~PMT -44000 Enter the future value. 0 T -~FV 000 Calculate the annual interest rate. @ f I/Y= 717 Answer: The annual interest rate is set to 12. After...
EL-738 Operation Manual
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Key operation . Enter the present value. 56000 v Enter the future value. 0 T Enter the annual interest 6.5 f rate. s tings. Set the number of payments per year. 2 Calculating basic loan payments Calculate the quarterly payment for a $56,000 mortgage loan at 6.5% compounded quarterly during its 20-year amortization period. Calculate the quarterly payment. @ u... number of payments and store in N. PV = $56,000 I /Y 650 PMT= -125586 Answer: The quarterly payments are $1,255.86. 25 Calculate the total 20 . < N number of i compounding periods per year to default...
Key operation . Enter the present value. 56000 v Enter the future value. 0 T Enter the annual interest 6.5 f rate. s tings. Set the number of payments per year. 2 Calculating basic loan payments Calculate the quarterly payment for a $56,000 mortgage loan at 6.5% compounded quarterly during its 20-year amortization period. Calculate the quarterly payment. @ u... number of payments and store in N. PV = $56,000 I /Y 650 PMT= -125586 Answer: The quarterly payments are $1,255.86. 25 Calculate the total 20 . < N number of i compounding periods per year to default...
EL-738 Operation Manual
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... 000 ANS~N 3600 -~PV 000 (-2--)~PMT -20000 6.5~I /Y = 6.5% (quarterly) ...... PMT = -$200 PMT = -$200 N = 12 × 3 years = 36 Procedure Set all the variables to default values. Calculate the total num- 3 . < N ber of com- Enter the present value. 0 v Enter payment. , 200 u Enter the annual inter- 6.5 f est rate. Key operation . Set the number of payments and store in...
... 000 ANS~N 3600 -~PV 000 (-2--)~PMT -20000 6.5~I /Y = 6.5% (quarterly) ...... PMT = -$200 PMT = -$200 N = 12 × 3 years = 36 Procedure Set all the variables to default values. Calculate the total num- 3 . < N ber of com- Enter the present value. 0 v Enter payment. , 200 u Enter the annual inter- 6.5 f est rate. Key operation . Set the number of payments and store in...
EL-738 Operation Manual
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... from now, what amount of compounding periods per year to 1. Press s to default values. FV = $10,000 PV = ? Enter the total number s 20 N of pay- . 4 Calculating present value You open an account that earns 5% compounded annually. Key operation . P/Y= 100 The ...number of money should deposit $3,768.89 now. 27 Set the number of payments. 2-~N 2000 Enter the future value. 10000 T 1----~FV 1000000 Set payment to 1. w...
... from now, what amount of compounding periods per year to 1. Press s to default values. FV = $10,000 PV = ? Enter the total number s 20 N of pay- . 4 Calculating present value You open an account that earns 5% compounded annually. Key operation . P/Y= 100 The ...number of money should deposit $3,768.89 now. 27 Set the number of payments. 2-~N 2000 Enter the future value. 10000 T 1----~FV 1000000 Set payment to 1. w...
EL-738 Operation Manual
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...value. 300000 T 3-----~FV 30000000 Set the present value to 0 v zero. -~PV 000 Enter the annual inter- 3.6 f est rate. 3.6~I /Y = ?% Procedure Set all the variables to 12. PV = $2,995 FV = $2,995 × 10% = $299.5 PMT = -$145 ...... " 000 Set the number of each month. N = 24 I /Y 360 Calculate... payment. @ u PMT= -1624570 Answer: The monthly investment should be purchased for 24 months at $145 per year to default values. At the end of $2,995. The same system may be $16,245.70. ...
...value. 300000 T 3-----~FV 30000000 Set the present value to 0 v zero. -~PV 000 Enter the annual inter- 3.6 f est rate. 3.6~I /Y = ?% Procedure Set all the variables to 12. PV = $2,995 FV = $2,995 × 10% = $299.5 PMT = -$145 ...... " 000 Set the number of each month. N = 24 I /Y 360 Calculate... payment. @ u PMT= -1624570 Answer: The monthly investment should be purchased for 24 months at $145 per year to default values. At the end of $2,995. The same system may be $16,245.70. ...
EL-738 Operation Manual
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... total number s 24 N of payments. 24~N 2400 Enter the future value. 2995 x 10 . % T ANS~FV 29950 Enter payment. , 145 u (-145)~PMT -14500 Enter the present value. 2995 v 2995~PV 299500 Calculate the annual interest rate. @ f I /Y = 18% ...... If your company sells the machine at the present value of the lease, discounted at the beginning of each month...
... total number s 24 N of payments. 24~N 2400 Enter the future value. 2995 x 10 . % T ANS~FV 29950 Enter payment. , 145 u (-145)~PMT -14500 Enter the present value. 2995 v 2995~PV 299500 Calculate the annual interest rate. @ f I /Y = 18% ...... If your company sells the machine at the present value of the lease, discounted at the beginning of each month...
EL-738 Operation Manual
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I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value. PV= 627995 Answer: $6,279.95 should be charged for the machine. 4 Calculating down payment and amount to borrow You wish to buy a house for a down payment? P/Y= 1200 The number of payments. 34~N 3400 Enter ...s 34 N of compounding periods per year to 12. " 000 Set the number of $900, how much do you borrow? Press s to . b default values. 000 Set to annuity due (BGN is automatically set to 12. How much can afford a monthly payment of pay- . PV = ? w 12 Q ments...
I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value. PV= 627995 Answer: $6,279.95 should be charged for the machine. 4 Calculating down payment and amount to borrow You wish to buy a house for a down payment? P/Y= 1200 The number of payments. 34~N 3400 Enter ...s 34 N of compounding periods per year to 12. " 000 Set the number of $900, how much do you borrow? Press s to . b default values. 000 Set to annuity due (BGN is automatically set to 12. How much can afford a monthly payment of pay- . PV = ? w 12 Q ments...
EL-738 Operation Manual
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...values. PV= 14655892 Calculate the down payment. 32 N ANS~N 30000 Enter payment. , 900 u (-9--)~PMT -90000 Enter the annual inter- 5.5 f est rate. 5.5~I/Y 550 Set the future value to 12. w 12 Q ments per year is $180,000, so: Down payment = $180,000 - P/Y= 1200 The number of the house is automatically set (BGN is not displayed). present value... = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Key operation . b Display 000 Make sure ordinary annuity is set to 0 T zero. -~FV 000 Calculate the present @ v value.
...values. PV= 14655892 Calculate the down payment. 32 N ANS~N 30000 Enter payment. , 900 u (-9--)~PMT -90000 Enter the annual inter- 5.5 f est rate. 5.5~I/Y 550 Set the future value to 12. w 12 Q ments per year is $180,000, so: Down payment = $180,000 - P/Y= 1200 The number of the house is automatically set (BGN is not displayed). present value... = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Key operation . b Display 000 Make sure ordinary annuity is set to 0 T zero. -~FV 000 Calculate the present @ v value.
EL-738 Operation Manual
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...;ow data, one data item, while a cash flow value with an associated frequency value is counted as one data item at a time, in NORMAL mode. Discounted Cash Flow Analysis Analyze unequal cash flows and calculate the net present value (NPV) and the internal rate of up to 100 cash ...64258;ow and/or statistical data items. A single cash flow value is counted as two. • Frequency values must be integers between 1 and 999. • If...
...;ow data, one data item, while a cash flow value with an associated frequency value is counted as one data item at a time, in NORMAL mode. Discounted Cash Flow Analysis Analyze unequal cash flows and calculate the net present value (NPV) and the internal rate of up to 100 cash ...64258;ow and/or statistical data items. A single cash flow value is counted as two. • Frequency values must be integers between 1 and 999. • If...
EL-738 Operation Manual
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...and press i to page 19 for discounted cash flow analysis. NPV and IRR The calculator solves the following cash flow values: Net present value (NPV): The total present value of all cash flows, including cash paid out (outflows) and cash received... Procedure Key operation Display Change the first cash , 30000 J flow value from 2 to 1. Internal rate of return (IRR): The interest rate that gives a net present value of return (IRR) Net present value (NPV) Default value 0 - • The variable RATE (I /Y) NET_PV Description Internal rate of zero...
...and press i to page 19 for discounted cash flow analysis. NPV and IRR The calculator solves the following cash flow values: Net present value (NPV): The total present value of all cash flows, including cash paid out (outflows) and cash received... Procedure Key operation Display Change the first cash , 30000 J flow value from 2 to 1. Internal rate of return (IRR): The interest rate that gives a net present value of return (IRR) Net present value (NPV) Default value 0 - • The variable RATE (I /Y) NET_PV Description Internal rate of zero...
EL-738 Operation Manual
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Press . < to begin discounted cash flow analysis. • If a previously entered cash flow value is displayed, press s to page 37 for instructions on entering cash flow data. 3. Enter cash flow data. • Refer to exit and then press . 2.
Press . < to begin discounted cash flow analysis. • If a previously entered cash flow value is displayed, press s to page 37 for instructions on entering cash flow data. 3. Enter cash flow data. • Refer to exit and then press . 2.
EL-738 Operation Manual
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... $80,000. Given a 12% discount rate, should your product. Calculate IRR (RATE @ (I /Y)= 2314 Answer: The net present value of the cash flows equals zero at an IRR of 23.14%. 2 Calculating the present value of variable cash flows Your company has prepared forecasts for each of...Year 4 to Year 8) are projected to default values. Manufacturing equipment costing $100,000 will be $50,000. Key operation , 12000 J 3000 J 5000 > 3 J 4000 J Return to clear it. 2. Calculate IRR. b to the initial dis- The salvage value of the manufacturing equipment at the end of ...
... $80,000. Given a 12% discount rate, should your product. Calculate IRR (RATE @ (I /Y)= 2314 Answer: The net present value of the cash flows equals zero at an IRR of 23.14%. 2 Calculating the present value of variable cash flows Your company has prepared forecasts for each of...Year 4 to Year 8) are projected to default values. Manufacturing equipment costing $100,000 will be $50,000. Key operation , 12000 J 3000 J 5000 > 3 J 4000 J Return to clear it. 2. Calculate IRR. b to the initial dis- The salvage value of the manufacturing equipment at the end of ...