EL-738 Operation Manual
Page 8
...value can be displayed. It can be solved for the operation being explained are shown in the screen examples of this manual. : Appears when the entire equation cannot be performed. When BGN is not displayed, calculations are ordinary annuity (payment at the end of each interval) calculations... or recalling memory values or TVM solvers/statistics variables can be changed in orange are enabled. ALPHA : Indicates that the displayed variable can be assigned to see the remaining (hidden) part. ̆ / ̄ : Indicates that variables or data are present above/below the screen...
...value can be displayed. It can be solved for the operation being explained are shown in the screen examples of this manual. : Appears when the entire equation cannot be performed. When BGN is not displayed, calculations are ordinary annuity (payment at the end of each interval) calculations... or recalling memory values or TVM solvers/statistics variables can be changed in orange are enabled. ALPHA : Indicates that the displayed variable can be assigned to see the remaining (hidden) part. ̆ / ̄ : Indicates that variables or data are present above/below the screen...
EL-738 Operation Manual
Page 18
... cash flow analysis: Analyze unequal cash flows and calculate NPV (net present value) and IRR (internal rate of calculation methods. Day and date calculations: Calculate dates and the number of Money) solver: Analyze equal and regular cash flows. Breakeven calculations: Calculate breakeven points (quantity) using values stored in the TVM solver. Chapter 3 Financial Functions General Information...
... cash flow analysis: Analyze unequal cash flows and calculate NPV (net present value) and IRR (internal rate of calculation methods. Day and date calculations: Calculate dates and the number of Money) solver: Analyze equal and regular cash flows. Breakeven calculations: Calculate breakeven points (quantity) using values stored in the TVM solver. Chapter 3 Financial Functions General Information...
EL-738 Operation Manual
Page 22
...;ows. The amount of a loan or investment before starting, because the whole calculation is why it . Interest earns interest, which is based on a periodic basis. For example, money deposited in flow and outflow) with time. Present Inflow (+) value (PV) Cash flow Outflow (-) Time Payment (PMT) ...... Cash flow diagrams The...
...;ows. The amount of a loan or investment before starting, because the whole calculation is why it . Interest earns interest, which is based on a periodic basis. For example, money deposited in flow and outflow) with time. Present Inflow (+) value (PV) Cash flow Outflow (-) Time Payment (PMT) ...... Cash flow diagrams The...
EL-738 Operation Manual
Page 23
...; All the TVM solver variables retain their previously entered values. Press s to page 28 for basic variable operations. 1. b. 2. Note: Discounted cash flow analysis can be calculated using the information stored in the TVM solver Variable Corresponding...you wish to page 19 for details. w i Number of compounding 1 periods per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y . These include calculations for mortgages, loans, leases, savings, annuities, and contracts or investments with regular payments. An amortization schedule can...
...; All the TVM solver variables retain their previously entered values. Press s to page 28 for basic variable operations. 1. b. 2. Note: Discounted cash flow analysis can be calculated using the information stored in the TVM solver Variable Corresponding...you wish to page 19 for details. w i Number of compounding 1 periods per year 0 PV v Present value 0 PMT u Payment 0 FV T Future value 0 P/Y . These include calculations for mortgages, loans, leases, savings, annuities, and contracts or investments with regular payments. An amortization schedule can...
EL-738 Operation Manual
Page 25
... year is automatically set (BGN is 7.17%. Note: If you must re-enter values from the beginning. 24 Key operation . 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 not...
... year is automatically set (BGN is 7.17%. Note: If you must re-enter values from the beginning. 24 Key operation . 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 not...
EL-738 Operation Manual
Page 26
... payment. @ u P/Y= 400 C/Y= 400 000 ANS~N 8000 56---~PV 5600000 -~FV 000 6.5~I /Y = 6.5% FV = 0 ...... 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. Enter the present value. 56000 v Enter the future value. 0 T Enter the annual interest 6.5 f rate. PMT = ? Set the number of payments per...
... payment. @ u P/Y= 400 C/Y= 400 000 ANS~N 8000 56---~PV 5600000 -~FV 000 6.5~I /Y = 6.5% FV = 0 ...... 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. Enter the present value. 56000 v Enter the future value. 0 T Enter the annual interest 6.5 f rate. PMT = ? Set the number of payments per...
EL-738 Operation Manual
Page 27
... of each month for the next three years into a savings plan that earns 6.5% compounded quarterly. i 4 Q pounding periods per year to 12. 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. Quit the P/Y and C/Y s settings. PMT = -$200 PMT = -$200 N = 12 × 3 years = 36...
... of each month for the next three years into a savings plan that earns 6.5% compounded quarterly. i 4 Q pounding periods per year to 12. 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. Quit the P/Y and C/Y s settings. PMT = -$200 PMT = -$200 N = 12 × 3 years = 36...
EL-738 Operation Manual
Page 28
... = $10,000 PV = ? w 1 Q ments per year is automatically set (BGN is set to 1. Set the number of compounding periods per year to 1. N = 20 years I /Y 500 Calculate the present @ v value. If you deposit now? b Display 000 Make sure ordinary annuity is not displayed). 4 Calculating present value You open an account that earns 5% compounded annually.
... = $10,000 PV = ? w 1 Q ments per year is automatically set (BGN is set to 1. Set the number of compounding periods per year to 1. N = 20 years I /Y 500 Calculate the present @ v value. If you deposit now? b Display 000 Make sure ordinary annuity is not displayed). 4 Calculating present value You open an account that earns 5% compounded annually.
EL-738 Operation Manual
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... lease or purchase the computer if you can obtain a two-year loan at $145 per year to 12. 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...to annuity due (BGN is displayed). . Procedure Key operation Display Enter the total number s 18 N of payments. 18~N 1800 Enter the future 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 default...
... lease or purchase the computer if you can obtain a two-year loan at $145 per year to 12. 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...to annuity due (BGN is displayed). . Procedure Key operation Display Enter the total number s 18 N of payments. 18~N 1800 Enter the future 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 default...
EL-738 Operation Manual
Page 31
If your company sells the machine at the present value of the lease, discounted at the beginning of each month, the machine has a trade-in value Your client wishes to buy a machine currently... operation Display The number of $1,500 with 34 monthly payments remaining. On a five-year lease with trade-in value of compounding periods per year is automatically set to exit the P/Y and C/Y settings. N = 34 FV = -$1,500...to lease a computer system than to purchase one. 3 Calculating the present value of a lease with payments of $200 at an annual interest rate of payments. 24~N 2400...
If your company sells the machine at the present value of the lease, discounted at the beginning of each month, the machine has a trade-in value Your client wishes to buy a machine currently... operation Display The number of $1,500 with 34 monthly payments remaining. On a five-year lease with trade-in value of compounding periods per year is automatically set to exit the P/Y and C/Y settings. N = 34 FV = -$1,500...to lease a computer system than to purchase one. 3 Calculating the present value of a lease with payments of $200 at an annual interest rate of payments. 24~N 2400...
EL-738 Operation Manual
Page 32
... monthly, on a 25-year loan. If you can afford a monthly payment of compounding periods per year to buy a house for the machine. 4 Calculating down payment? PV = ? PV= 627995 Answer: $6,279.95 should be charged for $180,000. P/Y= 1200 The number of $900, how much... operation Display Set all the variables to 12. Enter the total number s 34 N of pay- . b default values. 000 Set to exit the P/Y and C/Y settings. Press s to annuity due (BGN is automatically set to . I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value.
... monthly, on a 25-year loan. If you can afford a monthly payment of compounding periods per year to buy a house for the machine. 4 Calculating down payment? PV = ? PV= 627995 Answer: $6,279.95 should be charged for $180,000. P/Y= 1200 The number of $900, how much... operation Display Set all the variables to 12. Enter the total number s 34 N of pay- . b default values. 000 Set to exit the P/Y and C/Y settings. Press s to annuity due (BGN is automatically set to . I /Y 1800 Enter the future value. , 1500 T (-15--)~FV -150000 Calculate the present @ v value.
EL-738 Operation Manual
Page 33
P/Y= 1200 The number of the house is $180,000, so: Down payment = $180,000 - PV= 14655892 Calculate the down payment. 32 present value = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Enter the total number s 25 . < of ...- . b Display 000 Make sure ordinary annuity is not displayed). Set the number of payments. Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. w 12 Q ments per year is automatically set (BGN is set to 12. N ANS~N 30000 Enter payment. , 900 u (-9--)~PMT -90000 Enter the annual...
P/Y= 1200 The number of the house is $180,000, so: Down payment = $180,000 - PV= 14655892 Calculate the down payment. 32 present value = $180,000 - $146,558.92 You need $33,441.08 for a down payment. Enter the total number s 25 . < of ...- . b Display 000 Make sure ordinary annuity is not displayed). Set the number of payments. Procedure Set all the variables to 0 T zero. -~FV 000 Calculate the present @ v value. w 12 Q ments per year is automatically set (BGN is set to 12. N ANS~N 30000 Enter payment. , 900 u (-9--)~PMT -90000 Enter the annual...
EL-738 Operation Manual
Page 38
... display. Press s to exit. • You can enter a total of return (IRR). Discounted Cash Flow Analysis Analyze unequal cash flows and calculate the net present value (NPV) and the internal rate of up to 100 cash flow and/or statistical data items. A single cash flow... integers between 1 and 999. • If you wish to correct a value before pressing J, press s to delete the entry and enter the correct value. sible to enter a negative cash flow (outflow). • Make sure the calculator is not pos- Entering cash flow data Enter cash flow...
... display. Press s to exit. • You can enter a total of return (IRR). Discounted Cash Flow Analysis Analyze unequal cash flows and calculate the net present value (NPV) and the internal rate of up to 100 cash flow and/or statistical data items. A single cash flow... integers between 1 and 999. • If you wish to correct a value before pressing J, press s to delete the entry and enter the correct value. sible to enter a negative cash flow (outflow). • Make sure the calculator is not pos- Entering cash flow data Enter cash flow...
EL-738 Operation Manual
Page 41
...flows) and cash received (inflows). NPV and IRR The calculator solves the following cash flow values: Net present value (NPV): The total present value of zero. Press s to clear the display. • Make sure the calculator is shared by a positive NPV value. i i i 1 J 100 Add a new data set (6000) immediately before 5000. . Variables used in...
...flows) and cash received (inflows). NPV and IRR The calculator solves the following cash flow values: Net present value (NPV): The total present value of zero. Press s to clear the display. • Make sure the calculator is shared by a positive NPV value. i i i 1 J 100 Add a new data set (6000) immediately before 5000. . Variables used in...
EL-738 Operation Manual
Page 42
2. Enter cash flow data. • Refer to exit and then press . 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.
2. Enter cash flow data. • Refer to exit and then press . 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.
EL-738 Operation Manual
Page 43
...a 12% discount rate, should your product. b flow analysis, and set all the variables to clear it. 2. Calculate IRR (RATE @ (I /Y)= 2314 Answer: The net present value of the cash flows equals zero at the end of Year 3. Development costs for the five-year product life ...;ts for each of your company proceed with the product development? 42 Calculate IRR. Display RATE(I/Y)= 000 RATE(I /Y)). The salvage value of the manufacturing equipment at an IRR of 23.14%. 2 Calculating the present value of variable cash flows Your company has prepared forecasts for the ...
...a 12% discount rate, should your product. b flow analysis, and set all the variables to clear it. 2. Calculate IRR (RATE @ (I /Y)= 2314 Answer: The net present value of the cash flows equals zero at the end of Year 3. Development costs for the five-year product life ...;ts for each of your company proceed with the product development? 42 Calculate IRR. Display RATE(I/Y)= 000 RATE(I /Y)). The salvage value of the manufacturing equipment at an IRR of 23.14%. 2 Calculating the present value of variable cash flows Your company has prepared forecasts for the ...