EL-738 Operation Manual
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to be pressed first before the key. ባ Number entry examples are shown with ordinary numbers (i.e., "100" will be indicated instead of " 1 0 0"). ቤ To specify a memory function (printed in green on/above the key require . and i keys Press.... 4 t and i A mean you have to the keys are effective in specific modes. Using the . t i A x , 10. πA˚_ • . followed by ) key and i followed by * key. -10 Notes: • The multiplication instruction "×" and alphabetic letter "X" are printed in orange above the key), press i first. ብ...
to be pressed first before the key. ባ Number entry examples are shown with ordinary numbers (i.e., "100" will be indicated instead of " 1 0 0"). ቤ To specify a memory function (printed in green on/above the key require . and i keys Press.... 4 t and i A mean you have to the keys are effective in specific modes. Using the . t i A x , 10. πA˚_ • . followed by ) key and i followed by * key. -10 Notes: • The multiplication instruction "×" and alphabetic letter "X" are printed in orange above the key), press i first. ብ...
EL-738 Operation Manual
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... decimal places can be set a 10-digit display. • If a floating point number does not fit in scientific notation (exponential notation). M : Indicates that can be selected by: • Using g / y to select a number (the selected number will set to display the SET UP menu. See the next section for displaying calculation results. • If ~ 0 0 (TAB...
... decimal places can be set a 10-digit display. • If a floating point number does not fit in scientific notation (exponential notation). M : Indicates that can be selected by: • Using g / y to select a number (the selected number will set to display the SET UP menu. See the next section for displaying calculation results. • If ~ 0 0 (TAB...
EL-738 Operation Manual
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... automatically displayed in scientific notation The calculator has two settings for displaying a floating point number: FLO_A (FLOAT A) and FLO_B (FLOAT B). Selecting the floating point number system in scientific notation outside the following preset ranges: • FLO_A ~ 0 2: 0.000000001 ≤ | X | ≤ 9,999,999,999 • FLO_B ~ 0... (g) : ~ 1 2 Selecting the depreciation method (see page 48) • SL (Straight-line method): ~ 2 0 (default setting) • SYD (Sum-of-the-years' digits method): ~ 2 1 • DB (Declining balance method): ~ 2 2 9
... automatically displayed in scientific notation The calculator has two settings for displaying a floating point number: FLO_A (FLOAT A) and FLO_B (FLOAT B). Selecting the floating point number system in scientific notation outside the following preset ranges: • FLO_A ~ 0 2: 0.000000001 ≤ | X | ≤ 9,999,999,999 • FLO_B ~ 0... (g) : ~ 1 2 Selecting the depreciation method (see page 48) • SL (Straight-line method): ~ 2 0 (default setting) • SYD (Sum-of-the-years' digits method): ~ 2 1 • DB (Declining balance method): ~ 2 2 9
EL-738 Operation Manual
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... + 6 = 15 - 8 ( 18 + 6 ) 8 ( 15 - 8 = 42 x , 5 + 120 = 42 × (-5) + 120 = *1 (5 ,) *1 (5 × 103) ÷ (4 × 10-3) = 5 S 3 8 4 S , 3 = Result 14000 343 -9000 125000000 Clearing the Entry and Memories The following methods of expressions. Chapter 2 General Information Basic Calculations Entering numbers and arithmetic operations • Use the number keys 0 to 9, decimal point key ., and sign change key , to enter a value...
... + 6 = 15 - 8 ( 18 + 6 ) 8 ( 15 - 8 = 42 x , 5 + 120 = 42 × (-5) + 120 = *1 (5 ,) *1 (5 × 103) ÷ (4 × 10-3) = 5 S 3 8 4 S , 3 = Result 14000 343 -9000 125000000 Clearing the Entry and Memories The following methods of expressions. Chapter 2 General Information Basic Calculations Entering numbers and arithmetic operations • Use the number keys 0 to 9, decimal point key ., and sign change key , to enter a value...
EL-738 Operation Manual
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...sharing common memory with listed financial variables are also cleared or restored to default settings. *3 Listed variables used in bond calculations, are entering a value, the L key will resume wherever you left off when you turn it on again. b when ... settings. Delete key To delete a number/function, move the cursor to the number/ function you press * to enter a financial calculation, AMRT P1 and AMRT P2 both revert to their default values. Operation Listed Cash Entry A-H, (display) M, X-Z ANS TVM variables*1 financial variables **34 flow data STAT *7 ...
...sharing common memory with listed financial variables are also cleared or restored to default settings. *3 Listed variables used in bond calculations, are entering a value, the L key will resume wherever you left off when you turn it on again. b when ... settings. Delete key To delete a number/function, move the cursor to the number/ function you press * to enter a financial calculation, AMRT P1 and AMRT P2 both revert to their default values. Operation Listed Cash Entry A-H, (display) M, X-Z ANS TVM variables*1 financial variables **34 flow data STAT *7 ...
EL-738 Operation Manual
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..., cash flow data, and STAT), press 0 0 or 0 =. • To RESET the calculator, press 1 0 or 1 =. In the overwrite mode, data under the cursor will be overwritten by the number you to the beginning or end of the equation and pressing y brings you enter. • This mode... use g or y to insert, then make entries. • To insert a number in the insert mode, move the cursor to the place immediately after where you wish to select a number (the selected number will be overwritten as bond calculations, press i or z to move through the variables (items). If you press ...
..., cash flow data, and STAT), press 0 0 or 0 =. • To RESET the calculator, press 1 0 or 1 =. In the overwrite mode, data under the cursor will be overwritten by the number you to the beginning or end of the equation and pressing y brings you enter. • This mode... use g or y to insert, then make entries. • To insert a number in the insert mode, move the cursor to the place immediately after where you wish to select a number (the selected number will be overwritten as bond calculations, press i or z to move through the variables (items). If you press ...
EL-738 Operation Manual
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... "25" 2 y y and move the cursor to the place in the equation/number where the error occurred. d mode. When an error occurs, pressing g or y automatically moves the cursor to "3". It also has various variables for memory calculations Mode NORMAL STAT A-H, TVM Listed financial Statistical X-Z M ANS variables*1 variables*2 variables *3 × × × × : Available ×...
... "25" 2 y y and move the cursor to the place in the equation/number where the error occurred. d mode. When an error occurs, pressing g or y automatically moves the cursor to "3". It also has various variables for memory calculations Mode NORMAL STAT A-H, TVM Listed financial Statistical X-Z M ANS variables*1 variables*2 variables *3 × × × × : Available ×...
EL-738 Operation Manual
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... the TVM solver. Use NORMAL mode to maturity with regular payments. Percent change/Compound interest calculations: Calculate percent change (increase or decrease) and compound interest rates. Day and date calculations: Calculate dates and the number of calculation methods. Chapter 3 Financial Functions General Information Financial calculations The following financial functions are available. TVM (Time Value of return). Discounted cash...
... the TVM solver. Use NORMAL mode to maturity with regular payments. Percent change/Compound interest calculations: Calculate percent change (increase or decrease) and compound interest rates. Day and date calculations: Calculate dates and the number of calculation methods. Chapter 3 Financial Functions General Information Financial calculations The following financial functions are available. TVM (Time Value of return). Discounted cash...
EL-738 Operation Manual
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... Select ordinary annuity or annuity due using . ". 22 Note: Discounted cash flow analysis can be calculated using unequal cash flows (see page 33). b. 2. These include calculations for details. w Number of payments per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y... in the TVM solver Variable Corresponding variable key Description Default value N N Total number of the period) using . Refer to clear the display. • Make sure the calculator is not displayed). Basic operations Refer to clear all the data, press ....
... Select ordinary annuity or annuity due using . ". 22 Note: Discounted cash flow analysis can be calculated using unequal cash flows (see page 33). b. 2. These include calculations for details. w Number of payments per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y... in the TVM solver Variable Corresponding variable key Description Default value N N Total number of the period) using . Refer to clear the display. • Make sure the calculator is not displayed). Basic operations Refer to clear all the data, press ....
EL-738 Operation Manual
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Values entered into TVM solver variables. • Enter a value and press the appropriate TVM variable key (N, f, v, u, T). • Press . Enter the number of payments). w and then enter a value for P/Y. After entering values, press s to quit the P/Y and C/Y settings. • After setting P/Y (number of payments per year), you can use . < to C/Y as well. The same value is automatically assigned to enter N (total number of years and press . Enter values into P/Y or C/Y must be positive. 3.
Values entered into TVM solver variables. • Enter a value and press the appropriate TVM variable key (N, f, v, u, T). • Press . Enter the number of payments). w and then enter a value for P/Y. After entering values, press s to quit the P/Y and C/Y settings. • After setting P/Y (number of payments per year), you can use . < to C/Y as well. The same value is automatically assigned to enter N (total number of years and press . Enter values into P/Y or C/Y must be positive. 3.
EL-738 Operation Manual
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... 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 not displayed). P/Y= 1200 The number of pay- . Note: If you must re-enter values from the beginning. 24 Procedure Set all the variables...
... 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 not displayed). P/Y= 1200 The number of pay- . Note: If you must re-enter values from the beginning. 24 Procedure Set all the variables...
EL-738 Operation Manual
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...annual interest 6.5 f rate. s tings. Key operation . Set the number of payments per year. w 4 Q Confirm the number of payments and store in N. Calculate the total 20 . < N number of i compounding periods per year to default values. b Display 000 ...Make sure ordinary annuity is not displayed). Calculate the quarterly payment. @ u P/Y= 400 C/Y= 400 000 ANS~N 8000 56...
...annual interest 6.5 f rate. s tings. Key operation . Set the number of payments per year. w 4 Q Confirm the number of payments and store in N. Calculate the total 20 . < N number of i compounding periods per year to default values. b Display 000 ...Make sure ordinary annuity is not displayed). Calculate the quarterly payment. @ u P/Y= 400 C/Y= 400 000 ANS~N 8000 56...
EL-738 Operation Manual
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...pounding periods per year to 12. Enter the present value. 0 v Enter payment. , 200 u Enter the annual inter- 6.5 f est rate. Calculate the total num- 3 . < N ber of com- Quit the P/Y and C/Y s settings. b Display 000 Make sure ordinary annuity is set (BGN... is not displayed). Set the number of payments and store in N. 3 Calculating future value You will pay - . Calculate the future value. @ T P/Y= 1200 C/Y= 400 000 ANS~N 3600 -~PV 000 (-2--)~PMT -20000 6.5~I /Y = ...
...pounding periods per year to 12. Enter the present value. 0 v Enter payment. , 200 u Enter the annual inter- 6.5 f est rate. Calculate the total num- 3 . < N ber of com- Quit the P/Y and C/Y s settings. b Display 000 Make sure ordinary annuity is set (BGN... is not displayed). Set the number of payments and store in N. 3 Calculating future value You will pay - . Calculate the future value. @ T P/Y= 1200 C/Y= 400 000 ANS~N 3600 -~PV 000 (-2--)~PMT -20000 6.5~I /Y = ...
EL-738 Operation Manual
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... PV = ? w 1 Q ments per year is automatically set (BGN is set to have $10,000 twenty years from now, what amount of payments. 2-~N 2000 Enter the future value. 10000 T 1----~FV 1000000 Set payment to zero. 0 u -~PMT 000 ...variables to default values. PV= -376889 Answer: You should you deposit now? Enter the total number s 20 N of money should deposit $3,768.89 now. 27 Press s to 1. Key operation . P/Y= 100 The number of pay- . N = 20 years I /Y 500 Calculate the present @ v value. b Display 000 Make sure ordinary annuity is not displayed). If ...
... PV = ? w 1 Q ments per year is automatically set (BGN is set to have $10,000 twenty years from now, what amount of payments. 2-~N 2000 Enter the future value. 10000 T 1----~FV 1000000 Set payment to zero. 0 u -~PMT 000 ...variables to default values. PV= -376889 Answer: You should you deposit now? Enter the total number s 20 N of money should deposit $3,768.89 now. 27 Press s to 1. Key operation . P/Y= 100 The number of pay- . N = 20 years I /Y 500 Calculate the present @ v value. b Display 000 Make sure ordinary annuity is not displayed). If ...
EL-738 Operation Manual
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... applied to default values. A regular cash flow (payment) is not displayed). Procedure Set all the variables to loan calculations, etc. Set the number of $300,000 over the next 18 months in a money market savings account with an investment dealer. Press s to 12...reach the savings objective, assuming the account will earn 3.6% interest compounded monthly? FV = $300,000 PV = 0 I/Y = 3.6% ...... ") This calculator can select ordinary annuity or annuity due depending on the display. Note: The above selection only affects the TVM solver. 1 Ordinary annuity Your company wishes...
... applied to default values. A regular cash flow (payment) is not displayed). Procedure Set all the variables to loan calculations, etc. Set the number of $300,000 over the next 18 months in a money market savings account with an investment dealer. Press s to 12...reach the savings objective, assuming the account will earn 3.6% interest compounded monthly? FV = $300,000 PV = 0 I/Y = 3.6% ...... ") This calculator can select ordinary annuity or annuity due depending on the display. Note: The above selection only affects the TVM solver. 1 Ordinary annuity Your company wishes...
EL-738 Operation Manual
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Should you lease or purchase the computer if you can obtain a two-year loan at the beginning 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 12. b Display 000 Set... is displayed). . w 12 Q ments per month, paid at 7.2%, compounded monthly, to purchase the computer? PV = $2,995 FV = $2,995 × 10% = $299.5 PMT = -$145 ...... " 000 Set the number of pay- . The same system may be $16,245.70. 2 Annuity due Your company wishes to obtain a computer system with a value of...
Should you lease or purchase the computer if you can obtain a two-year loan at the beginning 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 12. b Display 000 Set... is displayed). . w 12 Q ments per month, paid at 7.2%, compounded monthly, to purchase the computer? PV = $2,995 FV = $2,995 × 10% = $299.5 PMT = -$145 ...... " 000 Set the number of pay- . The same system may be $16,245.70. 2 Annuity due Your company wishes to obtain a computer system with a value of...
EL-738 Operation Manual
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... 34 monthly payments remaining. N = 34 FV = -$1,500 30 PV = ? Enter the 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...
... 34 monthly payments remaining. N = 34 FV = -$1,500 30 PV = ? Enter the 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...
EL-738 Operation Manual
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P/Y= 1200 The number of payments. 34~N 3400 Enter payment. , 200 u (-2--)~PMT -20000 Enter the annual inter- 18 f est rate. 18~I /Y = 5.5% ...... Press s to 12. 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? I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value. If you can afford a monthly payment of pay- . FV = 0 PMT = -$900 N = 12 × 25 years = 300 31...
P/Y= 1200 The number of payments. 34~N 3400 Enter payment. , 200 u (-2--)~PMT -20000 Enter the annual inter- 18 f est rate. 18~I /Y = 5.5% ...... Press s to 12. 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? I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value. If you can afford a monthly payment of pay- . FV = 0 PMT = -$900 N = 12 × 25 years = 300 31...
EL-738 Operation Manual
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Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. b Display 000 Make sure ordinary annuity is set to 12. present value = $180,000 - $146,558.92 You need $33,441.08 ...- 5.5 f est rate. 5.5~I/Y 550 Set the future value to default values. s 180000 f v = 18-----PV= 3344108 Answer: You can borrow $146,558.92 in total. P/Y= 1200 The number of the house is not displayed). Press s to 12. Enter the total number s 25 . < of pay- . Set the number of payments. PV= 14655892 Calculate the down payment. 32
Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. b Display 000 Make sure ordinary annuity is set to 12. present value = $180,000 - $146,558.92 You need $33,441.08 ...- 5.5 f est rate. 5.5~I/Y 550 Set the future value to default values. s 180000 f v = 18-----PV= 3344108 Answer: You can borrow $146,558.92 in total. P/Y= 1200 The number of the house is not displayed). Press s to 12. Enter the total number s 25 . < of pay- . Set the number of payments. PV= 14655892 Calculate the down payment. 32
EL-738 Operation Manual
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The data is dependent on calculator display notation settings. b to clear it. *2 The format of the data set (cash flow and frequency values) number, which is initially set to "0.00," is displayed in NORMAL mode. 000 Enter cash flow data. , 25000 J DATA SET:CF 000..., press > . Confirming and editing data Confirming data Press > to display a data item from a previously entered data set number Frequency value 38 Use z/ i to display any previously entered cash flow data. Cash flow identifier CF D-= -2500000 Frequency identifier CF N-= 100 Data...
The data is dependent on calculator display notation settings. b to clear it. *2 The format of the data set (cash flow and frequency values) number, which is initially set to "0.00," is displayed in NORMAL mode. 000 Enter cash flow data. , 25000 J DATA SET:CF 000..., press > . Confirming and editing data Confirming data Press > to display a data item from a previously entered data set number Frequency value 38 Use z/ i to display any previously entered cash flow data. Cash flow identifier CF D-= -2500000 Frequency identifier CF N-= 100 Data...