EL-738 Operation Manual
Page 18
... values stored in the TVM solver. Percent change/Compound interest calculations: Calculate percent change (increase or decrease) and compound interest rates. Cost/Sell/Margin/Markup calculations: Calculate cost, selling price and margin/markup. Breakeven calculations: Calculate breakeven points (quantity) using fixed costs, variable costs per unit, unit prices, and profit. 17 Discounted cash flow analysis...
... values stored in the TVM solver. Percent change/Compound interest calculations: Calculate percent change (increase or decrease) and compound interest rates. Cost/Sell/Margin/Markup calculations: Calculate cost, selling price and margin/markup. Breakeven calculations: Calculate breakeven points (quantity) using fixed costs, variable costs per unit, unit prices, and profit. 17 Discounted cash flow analysis...
EL-738 Operation Manual
Page 19
..., depending on the entry method. Variables used in each calculation. These variables can store, recall or calculate values directly using the z/i cursor keys in financial calculations Financial calculations use multiple variables. FV - While calculating, be accessed using the corresponding keys. If you can obtain unknown values. PRICE (PV) COST (PV) OLD PRC (PV) PMT - By...
..., depending on the entry method. Variables used in each calculation. These variables can store, recall or calculate values directly using the z/i cursor keys in financial calculations Financial calculations use multiple variables. FV - While calculating, be accessed using the corresponding keys. If you can obtain unknown values. PRICE (PV) COST (PV) OLD PRC (PV) PMT - By...
EL-738 Operation Manual
Page 30
... to purchase the computer? At the end of the lease, the system may be purchased for 24 months at the beginning of the retail price. N = 24 I /Y 360 Calculate payment. @ u PMT= -1624570 Answer: The monthly investment should be $16,245.70. 2 Annuity due Your company wishes to obtain a computer system with a value of...
... to purchase the computer? At the end of the lease, the system may be purchased for 24 months at the beginning of the retail price. N = 24 I /Y 360 Calculate payment. @ u PMT= -1624570 Answer: The monthly investment should be $16,245.70. 2 Annuity due Your company wishes to obtain a computer system with a value of...
EL-738 Operation Manual
Page 33
...~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 default values. The price of compounding periods per year to 12. present value = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Key operation .... Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. PV= 14655892 Calculate the down payment. 32 Press s to 12. w 12 Q ments per year is automatically set (BGN is $180,000, so: Down ...
...~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 default values. The price of compounding periods per year to 12. present value = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Key operation .... Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. PV= 14655892 Calculate the down payment. 32 Press s to 12. w 12 Q ments per year is automatically set (BGN is $180,000, so: Down ...
EL-738 Operation Manual
Page 45
... value *1 0 M-D-Y 1*2 Settlement date (date of bond purchase) 1-1-2001 M-D-Y 2 *2 Redemption date 1-1-2001 CPN/Y (N)*3 Number of coupons per year 1 YIELD (I/Y) Yield to maturity (%) 0 PRICE (PV) Bond price *4 0 ACCU INT Accrued interest - *1 Redemption value of the security per $100 par value. *2 You can change the date format to D-M-Y (see page 10). *3 You... date. For bonds that have semi-annual coupons. Setting the day-count method You can only enter "1" or "2" - Bond Calculations Using bond calculations, you can obtain bond prices, yields to December 31, 2099. 44
... value *1 0 M-D-Y 1*2 Settlement date (date of bond purchase) 1-1-2001 M-D-Y 2 *2 Redemption date 1-1-2001 CPN/Y (N)*3 Number of coupons per year 1 YIELD (I/Y) Yield to maturity (%) 0 PRICE (PV) Bond price *4 0 ACCU INT Accrued interest - *1 Redemption value of the security per $100 par value. *2 You can change the date format to D-M-Y (see page 10). *3 You... date. For bonds that have semi-annual coupons. Setting the day-count method You can only enter "1" or "2" - Bond Calculations Using bond calculations, you can obtain bond prices, yields to December 31, 2099. 44
EL-738 Operation Manual
Page 46
... i, entering the value, and pressing Q. To find bond price or yield to page 47, "Entering dates". 8. Display the accrued interest (ACCU INT) by pressing #. The accrued interest is calculated automatically. Select bond calculations by pressing i. Display the accrued interest (ACCU INT) by pressing ...yield (%) into REDEMPT (FV) by pressing i and @. Move to page 19 for basic variable operations. 1. Press s to PRICE (PV) and calculate by pressing i, entering the value, and pressing Q. 6. Enter the redemption date into COUPON (PMT) by pressing i i, entering ...
... i, entering the value, and pressing Q. To find bond price or yield to page 47, "Entering dates". 8. Display the accrued interest (ACCU INT) by pressing #. The accrued interest is calculated automatically. Select bond calculations by pressing i. Display the accrued interest (ACCU INT) by pressing ...yield (%) into REDEMPT (FV) by pressing i and @. Move to page 19 for basic variable operations. 1. Press s to PRICE (PV) and calculate by pressing i, entering the value, and pressing Q. 6. Enter the redemption date into COUPON (PMT) by pressing i i, entering ...
EL-738 Operation Manual
Page 47
... the annual yield (%). CPN/Y(N)= 200 YIELD(I/Y)= 720 PRICE(PV)= 9323 ACCU INT= 141 Calculate bond price including accrued interest. It was $1.41 (the bond price including accrued interest would be ? 46 Display 000 Select bond calculations. # COUPON(PMT)= 000 Make sure the actual ...on the above bond is $92.50. COUPON(PMT)= 650 Enter the redemption value. i 2 Q i 7.2 Q Calculate bond price. The asking price on August 15, 2023. Calculating bond price and accrued interest A $100, 20-year, 6.5% coupon bond is issued to yield the purchaser 7.2% compounded semiannually until maturity...
... the annual yield (%). CPN/Y(N)= 200 YIELD(I/Y)= 720 PRICE(PV)= 9323 ACCU INT= 141 Calculate bond price including accrued interest. It was $1.41 (the bond price including accrued interest would be ? 46 Display 000 Select bond calculations. # COUPON(PMT)= 000 Make sure the actual ...on the above bond is $92.50. COUPON(PMT)= 650 Enter the redemption value. i 2 Q i 7.2 Q Calculate bond price. The asking price on August 15, 2023. Calculating bond price and accrued interest A $100, 20-year, 6.5% coupon bond is issued to yield the purchaser 7.2% compounded semiannually until maturity...
EL-738 Operation Manual
Page 48
...after pressing Q. Year entry Enter four digits. Press s or L, enter the appropriate date, and press Q again. • If you pressed Q. Display PRICE(PV)= 9250 YIELD(I/Y)= 728 Entering dates Refer to December 31, 2099. • If an inappropriate date is : January 1, 2001 (1-1-2001). • ...appropriate date, and press Q. • Press g/y to go back to the display that was shown before you wish to $92.50. i i i 92.5 Q Calculate the yield. In this case, follow either of the following the first "1" may be displayed. • [SU]: Sunday, [MO]: Monday, [TU]: ...
...after pressing Q. Year entry Enter four digits. Press s or L, enter the appropriate date, and press Q again. • If you pressed Q. Display PRICE(PV)= 9250 YIELD(I/Y)= 728 Entering dates Refer to December 31, 2099. • If an inappropriate date is : January 1, 2001 (1-1-2001). • ...appropriate date, and press Q. • Press g/y to go back to the display that was shown before you wish to $92.50. i i i 92.5 Q Calculate the yield. In this case, follow either of the following the first "1" may be displayed. • [SU]: Sunday, [MO]: Monday, [TU]: ...
EL-738 Operation Manual
Page 55
...Move to the variable you press s during entry, any three known variables: old price, new price, percent change /compound interest calculations by OLD PRC(PV)= pressing . Press s to the last date and calculate. B. • To end percent change (increase or decrease) or interest rates .... 1. 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) % (I/Y) Percent change PERIODS (N) Number of compounding periods. 4. Select percent change , or ...
...Move to the variable you press s during entry, any three known variables: old price, new price, percent change /compound interest calculations by OLD PRC(PV)= pressing . Press s to the last date and calculate. B. • To end percent change (increase or decrease) or interest rates .... 1. 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) % (I/Y) Percent change PERIODS (N) Number of compounding periods. 4. Select percent change , or ...
EL-738 Operation Manual
Page 57
...(FV)= 980000 Set the number of com- Cost/Sell/Margin/Markup Calculations Using cost/sell /margin/markup calculations by pressing I /Y)= 113 Answer: The compound interest rate is calculated based on selling prices, margins and markup. COST= 000 • If you can determine costs, selling price. *2 Markup (%) is 1.13%. Basic operations Refer to page 19 for...
...(FV)= 980000 Set the number of com- Cost/Sell/Margin/Markup Calculations Using cost/sell /margin/markup calculations by pressing I /Y)= 113 Answer: The compound interest rate is calculated based on selling prices, margins and markup. COST= 000 • If you can determine costs, selling price. *2 Markup (%) is 1.13%. Basic operations Refer to page 19 for...
EL-738 Operation Manual
Page 58
...= 45560 Enter markup rate. A certain sofa costs $455.60. b markup calculations, and set to retail price for MARK UP, MARGIN is set all the variables to calculate. i i i 95 Q MARK UP= 9500 Calculate selling price In a furniture business, it is set to If you wish to calculate, using the z and i keys, and press @ to default values. Procedure...
...= 45560 Enter markup rate. A certain sofa costs $455.60. b markup calculations, and set to retail price for MARK UP, MARGIN is set all the variables to calculate. i i i 95 Q MARK UP= 9500 Calculate selling price In a furniture business, it is set to If you wish to calculate, using the z and i keys, and press @ to default values. Procedure...
EL-738 Operation Manual
Page 59
... a new product and plans to clear the display. • Make sure the calculator is in NORMAL mode. The variable cost per unit Unit price Profit Quantity Default value 0 0 0 0 0 Basic operations Refer to calculate. Variables used in breakeven calculations Variable FIXED VARIABLE PRICE PROFIT QUANTITY Description Fixed cost Variable cost per unit is the breakeven...
... a new product and plans to clear the display. • Make sure the calculator is in NORMAL mode. The variable cost per unit Unit price Profit Quantity Default value 0 0 0 0 0 Basic operations Refer to calculate. Variables used in breakeven calculations Variable FIXED VARIABLE PRICE PROFIT QUANTITY Description Fixed cost Variable cost per unit is the breakeven...
EL-738 Operation Manual
Page 60
i @ QUANTITY= 33937 Answer: The breakeven point of this product is . Procedure Key operation Display Select breakeven calculations, and set all the variables to default values. $ . VARIABLE= 7580 Enter unit price. i PROFIT= 000 Calculate quantity. b FIXED= 000 Enter fixed cost. 15000 Q FIXED= 1500000 Enter variable cost per i 75.80 Q unit. i 120 Q PRICE= 12000 Leave profit as is 339.37 units. 59
i @ QUANTITY= 33937 Answer: The breakeven point of this product is . Procedure Key operation Display Select breakeven calculations, and set all the variables to default values. $ . VARIABLE= 7580 Enter unit price. i PROFIT= 000 Calculate quantity. b FIXED= 000 Enter fixed cost. 15000 Q FIXED= 1500000 Enter variable cost per i 75.80 Q unit. i 120 Q PRICE= 12000 Leave profit as is 339.37 units. 59
EL-738 Operation Manual
Page 74
...redemption date (rounded up by the book titled Standard Securities Calculation Methods, by bond calculations will cause errors. The formulas used by Jan Mayle, ...the next highest whole number, if necessary). Bond calculations In its bond calculations, this calculator conforms to rules set to August 29, 30... date calculations") FD: The number of the variables used for bond calculations are to be positive values. All data stored or calculated for ...the settlement date in any of days following rules: 1. Bond calculation is September 30, coupon payments occur on the last days of...
...redemption date (rounded up by the book titled Standard Securities Calculation Methods, by bond calculations will cause errors. The formulas used by Jan Mayle, ...the next highest whole number, if necessary). Bond calculations In its bond calculations, this calculator conforms to rules set to August 29, 30... date calculations") FD: The number of the variables used for bond calculations are to be positive values. All data stored or calculated for ...the settlement date in any of days following rules: 1. Bond calculation is September 30, coupon payments occur on the last days of...
EL-738 Operation Manual
Page 77
.... When an error occurs, pressing g or y automatically moves the cursor back to find YIELD in a bond calculation when any of COUPON, REDEMPT, or PRICE contain negative values Depth error (Error 3): • The available number of cash flow or statistical data, a... value was entered but . ? Errors and Calculation Ranges Errors An error will occur if an operation exceeds the calculation ranges, or if a mathematically illegal ...
.... When an error occurs, pressing g or y automatically moves the cursor back to find YIELD in a bond calculation when any of COUPON, REDEMPT, or PRICE contain negative values Depth error (Error 3): • The available number of cash flow or statistical data, a... value was entered but . ? Errors and Calculation Ranges Errors An error will occur if an operation exceeds the calculation ranges, or if a mathematically illegal ...
EL-738 Operation Manual
Page 85
..., 72 Display layout, 7 Display notation, 8 EFF, 17, 51, 74 ENT (symbol), 7, 20 Entering 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, 8, 9, 61, 78 Independent memory (M), 8, ..., 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, 18, 22, 72 PWR, 64 P/Y, 18, 22, 72, 77 QUAD, 64 QUANTITY, 58 RAD, 8, 9, 61, 78 Random coin, ...
..., 72 Display layout, 7 Display notation, 8 EFF, 17, 51, 74 ENT (symbol), 7, 20 Entering 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, 8, 9, 61, 78 Independent memory (M), 8, ..., 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, 18, 22, 72 PWR, 64 P/Y, 18, 22, 72, 77 QUAD, 64 QUANTITY, 58 RAD, 8, 9, 61, 78 Random coin, ...