Sharp EL-738 Support Question
Sharp EL-738 Support Question
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Question posted by Anonymous-166318 on May 24th, 2020
Error 2 Using, Pv,pmt,n,fv
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Current Answers
Answer #1: Posted by techyagent on May 24th, 2020 7:06 AM
techyagent
Member since:
June 17th, 2014 Points: 4,799,810
Member since:
June 17th, 2014 Points: 4,799,810
lation error (Error 2):
R26; The absolute value of an intermediate or @257; nal calculation
result equals or exceeds 10
R26; An attempt was made to divide by zero.
R26; The calculation ranges were exceeded while performing cal-
culations.
R26; There was a @257; nancial calculation error, such as:
R26; an error listed in "Financial Calculation Formulas" (see
pages 72 - 75) occurred
R26; an attempt was made to @257; nd I/Y when PV, PMT × N, and
FV contain all negative or all positive values
R26; an attempt was made to @257; nd IRR when the cash @258; ow data
contains all negative or all positive values
R26; an attempt was made to @257; nd YIELD in a bond calculation
when any of COUPON redemption or price contain negative values.
Check this for reference:-
https://www.manualslib.com/manual/318362/Sharp-El-738.html?page=77
Thanks
Techygirl
Related Sharp EL-738 Manual Pages
EL-738 Operation Manual - Page 13
... with TVM variables, such as "RATE (I /Y, PV, PMT, and FV (P/Y and C/Y are not included.) *2 Note that listed financial variables sharing common memory
with listed financial variables are also cleared or restored to default settings. *3 Listed variables used in financial calculations (such as "COUPON (PMT)" used in bond calculations) displayed, when . If the cursor is...
EL-738 Operation Manual - Page 16
... ending instruction (including storing and recalling operations) is automatically entered into a different type of calculation, use one of calculation they are specific to bring up the value from the previous calculation.
*1 N, I/Y, PV, PMT, FV *2 All financial variables, except for TVM variables *3 x, sx, σx, n, Σx, Σx2, y, sy, σy, Σy, Σ...
EL-738 Operation Manual - Page 19
...in one calculation, the value will change / Compound interest calculations
Day and date calculations
N
- PRICE (PV) COST (PV) OLD PRC (PV)
PMT
- REDEMPT (FV)
SALVAGE (FV)
NEW PRC (FV)
-
- Listed financial variables: Variables that are used in financial calculations
Financial calculations use multiple variables. M-D-Y 1* D-M-Y 1 M-D-Y 2 * D-M-Y 2
18
Variables used in...
EL-738 Operation Manual - Page 20
... to the default values.
Note: Pressing . Executing calculation 1. Basic variable operations
TVM variables (N, I/Y, PV, PMT, FV) A. Note: You can also enter values into variables using
arithmetic operations. Select the desired financial calculation method by pressing the corresponding financial calculation key.
2. Use z/i to select the variable you can also...
EL-738 Operation Manual - Page 21
... a known, but not as either a known or an unknown. Note: TVM variables (N, I/Y, PV, PMT and FV) can be used as an unknown.
Variable can be used as an unknown, but the calculator calculates the value automatically. Notes: • During financial calculation, the word "calculating!" Unknown variable, but not as a known. When the variable is selected (displayed), the "ENT...
EL-738 Operation Manual - Page 22
...;ow) with time. Present Inflow (+) value (PV)
Cash flow
Outflow (-)
Time
Payment (PMT)
...... Future value (FV)
21 Compound interest
This calculator assumes interest is specified or assumed (...;nancial calculations (compound interest). The compounding period is compounded periodically in a passbook saving account at a predefined rate on it is why it . This manual uses the...
EL-738 Operation Manual - Page 23
...of payments per year
0
PV
v
Present value
0
PMT
u
Payment
0
FV
T
Future value
0
P/Y
. b.
2. ".
22 An amortization schedule can be done using . Basic operations
Refer to ... Make sure the calculator is not displayed). Select ordinary annuity or annuity due using the information stored in the TVM solver (see page 37). These include calculations for basic variable operations...
EL-738 Operation Manual - Page 24
... 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 . 3.
EL-738 Operation Manual - Page 30
... the number of $2,995. PV = $2,995
FV = $2,995 × 10% = $299.5
PMT = -$145
......
w 12 Q ments per month, paid at the beginning of each month. P/Y=
1200
29
b
Display
000
Set to 12. The same system may be purchased for 24 months at 7.2%, compounded monthly, to purchase the computer? N = 24
I /Y
360
Calculate payment.
@ u
PMT=
-1624570
Answer: The...
EL-738 Operation Manual - Page 31
... payments of $200 at an annual interest rate 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% ...... Enter the total number s 24 N of 18%, compounded monthly, how much should your...
EL-738 Operation Manual - Page 34
...;PRINCIPAL ΣINTEREST
Description Start of payment (nth time) End of N, I/Y, PV, PMT, FV, P/Y and C/Y.
4. If you need to use amortization calculation.
5. Variables used in NORMAL mode. • All the TVM solver variables retain their previously entered values. Select ordinary annuity or annuity due using . b.
2. ".
3.
Basic operations
Refer to clear all the data, press...
EL-738 Operation Manual - Page 53
... 19 for basic variable operations.
1. The calendar range is not displayed).
Move to the variable you wish to calculate, using the z and i keys, and press @ to calculate. • If the calculator is in day and date calculations
Variable
Description
Default value
M-D-Y 1 *1
The first date
1-1-2001
M-D-Y 2 *1
The last date
1-1-2001
DAYS
Number of days
0
*1 You...
EL-738 Operation Manual - Page 55
... will be
cleared.
3. Variables used in NORMAL mode.
2. Enter the values of compounding periods
Default value 0 0 0 1
Basic operations
Refer to the last date and calculate. z @
M-D-Y 2=[MO]
2-21-2011
Answer: The last date is in percent change/compound interest calculations
Variable
Description
OLD PRC (PV) Old price (old value)
NEW PRC (FV) New price (new value...
EL-738 Operation Manual - Page 57
...
Profit margin (%) *1
0
MARK UP
Markup (%) *2
0
*1 Profit margin (%) is calculated based on cost.
Press s to clear the display. • Make sure the calculator is 1.13%. PERIODS(N)=
1800
Calculate the compound interest rate. Cost/Sell/Margin/Markup Calculations
Using cost/sell/margin/markup calculations, you press s during entry, any entered values will be
cleared.
56...
EL-738 Operation Manual - Page 73
Appendix
Financial Calculation Formulas
TVM solver
PMT, PV, FV, N
Error
If PMT ≠ 0 or N ≠ 1 then find i using the following equations:
+
Error i≤ -1
Amortization calculations
Calculations (for PV, PMT, and i, see the TVM solver)
END INT(1) = ROUND(-PV × i) BGN INT(1) = 0 PRN(1) = -INT(1) + ROUND(PMT) BAL(1) = PRN(1) + PV INT(m) = ROUND(-BAL(m - 1) × i)...
EL-738 Operation Manual - Page 74
... number, if necessary). FD = TD - The formulas used by Jan Mayle, Securities Industry Association, 1993. PD NP...Calculation Methods, by bond calculations will cause errors. All data stored or calculated for annual coupon.) PD: The number of bond:
For more than one coupon period until redemption:
where CPN = COUPON(PMT), RDV = REDEMPT(FV), N = CPN/Y(N), YIELD = YIELD(I/Y), PRICE = PRICE(PV...
EL-738 Operation Manual - Page 75
... = START MONTH, LIF = LIFE(N), CST = COST(PV), SAL = SALVAGE(FV), and DB = DB(I /Y < 0 (DB only)
Conversion between APR and EFF
N, EFF ¬ APR
((
EFF
+
1
1)N-1)
N
100
100
Error
EFF ≤ -100
N, APR ¬ EFF
APR
(( N + 1)N-1) 100 100
Error APR ≤ -100 N
Day and date calculations
In day and date calculations, this calculator conforms to rules set up in...
EL-738 Operation Manual - Page 77
... were exceeded while performing cal-
culations. • There was a financial calculation error, such as:
• an error listed in "Financial Calculation Formulas" (see pages 72 - 75) occurred
• an attempt was made to find I/Y when PV, PMT × N, and FV contain all negative or all positive values
• an attempt was made to find...
EL-738 Operation Manual - Page 79
...;nal or intermediate result of functions. However, a calculation error increases in continuous calculations due to accumulation of each calculation error. (This is the same for financial calculations, scientific calculations [yx, x , ex, ln, n!, etc.], where continuous calculations are performed internally.) Additionally, a calculation error will accumulate and become larger in the...
EL-738 Operation Manual - Page 85
... dates, 47 Entering numbers, 11 Error, 14, 76-78 EXP, 64 Financial calculations, 17, 18, 72 FIXED, 58, 75 FLO_A (FLOAT A), FLO_B (FLOAT B), 7, 9 Floating point, 8, 9 Formulas, 72-75 FV, 18, 22, 72 GRAD, ...calculations, 17, 18, 54-56, 75 PERIODS (N), 18, 54, 75 Playback function, 13 PMT, 18, 22, 72 PRICE, 58, 75 PRICE (PV), 18, 44, 45, 73, 76 Priority levels in calculations, 81, 82 PROFIT, 58 PV...
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