Question about Sharp EL-738 Scientific Calculator
SOURCE: invalid computation
Hmmm, I don't think the problem is with your calculator. I'd be checking the accounting question again as I don't think you've got your annuity question structured right.
4 Year Annuity
14% Annual Interest Rate
Your contributing $4,000 per year over the next 4 years
and you already know the future value is $50,069?
You'd have to make annual payments of $11,878.93 (4 of them) at that annual interest rate to get to a future value of $50,069 (which has a present value of $43,632.24).
Are you sure that the FV isn't the trade in value at the end of the 4 years?
Posted on Mar 30, 2008
I belive this will fix the problem i was sitting here having the same deal waiting and waiting..then bam error 7 then i fixed it so thought i would put what i did.
go into your CF and delete all the unused CO times..for instance if your using 3 periods...delete all CF05 and F05 the last one should be C04=0 and F04=0 make sure your NPV is the same after messing around..then try to compute IRR popped up in 2 seconds for me.
word hope this helps u all ***420*** :0
Posted on Mar 05, 2009
Tips for a great answer:
Jan 10, 2016 | Casio FX82MS Scientific Calculator
Jun 19, 2011 | Texas Instruments BA-II Plus Calculator
Apr 04, 2011 | HP 12c Calculator
Mar 30, 2011 | Sharp EL-531VB Calculator
Feb 11, 2011 | Calculators
Feb 03, 2011 | Texas Instruments BA-II Plus Calculator
Nov 21, 2008 | Texas Instruments BA-II Plus Calculator
Jul 25, 2008 | Texas Instruments BA-II Plus Calculator
May 13, 2008 | Texas Instruments TI-84 Plus Calculator
915 people viewed this question
Usually answered in minutes!