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OUR SHARP ZL-6100 FINANCIAL CALCULATOR IS PROGRAMMED TO FIGURE INTEREST AND PAYMENT INFORMATION FOR INSTALLMENT CONTRACTS. THE PROGRAM IS NOT WORKING AND WE NEED SOMEBODY TO HELP US RESET IT. CAN YOU SUGGEST A REPAIR PERSON FOR THIS?

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We got our normal serviceman to return our call. he fixed the program over the telephone

Posted on Oct 08, 2009

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Posted on Jan 02, 2017

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I have a figure of 76160.00 how do I determine the percentage interest charged in this figure


its a lot of calculations you can try a per month system
loan givers do interest calculations daily

interest is added to your loan after you pay
so adds to the loan amount and increases the interest payment
every amount shown on the loan account has to be worked out

Interest Only

Apr 29, 2017 | The Office Equipment & Supplies

1 Answer

Where is iconv function for calculating effective interest rate ?


Page 24 of the attached manual shows you how to calculate the effective interest rate. I couldn't find an iconv function, but there are functions to move between the simple and effective interest rate.

Good luck,

Paul
http://www.yorku.ca/ntahani/ADMS3530/EL738_OM.pdf

Feb 16, 2016 | Sharp EL-738 Financial Calculator

2 Answers

What is the HARP refinance program?


goverment backed program to lower your payments.

Jan 07, 2015 | Office Equipment & Supplies

1 Answer

How to fix error 3 on Sharp financial calculator?


You have entered too much data into the calculator or your sum is too long and you should break it down into two separate calculations.

Jul 30, 2014 | Sharp EL-738 Financial Calculator

1 Answer

How do i calculate interest on a R20000.00 loan at 13% for 5 years on teh sharp el738f calculator


Hi there,

First make sure all previous amounts stored are cleared by pressing 2nd F MODE.
Then type in the original value 20 000 and press PV.
Type in the interest 13 and press I/Y.
(If i assume that the interest is compounded yearly my calculation is more simple)
press 5 and N
Press COMP FV and your answer will be - 36 848.70

(If I assume that the interest is compounded monthly, i need to input a little bit more data into my calculator)
Press 2nd F I/Y (to get to payments per year) and press 12 and ENT. Press ON.
Then press 5 and 2nd F N and then press N again.
Now calculate FV by pressing COMP FV which should give you - 38 177.13.

Take this value and subtract the PV from it to get the amount of interest earned.


May 16, 2014 | Sharp EL-738 Scientific Calculator

1 Answer

Using an older EL-533. lost manual. I want to figure out how a one time largish mtg ppl pre-payment along with extra ppl payments each month.. what is the payoff term shortened by.?? Interest savings??...


Sharp does not have the manual for the EL-533, but there is one for the EL-531 (click the link to go). It's very close and similar.

For some reason they just don't have the EL-533 on site.

Hope this helps (remember to rating this free answer leave some testimonial comments).

Aug 31, 2011 | Sharp EL-733A Calculator

1 Answer

How to calculate interest rate based on original balance and payment amount using BA II Plus


Work with the simple formula: Interest = Initial * rate * time
To find the total amount, add the Initial plus the Interest, then subtract what has been paid. This will change the amount of money that will be accruing interest, though, so if there is a payment schedule you will need to repeat this calculation to get an exact number.
Find more information on wikipedia: http://en.wikipedia.org/wiki/Interest#Simple_interest

Mar 07, 2011 | Texas Instruments BA-II Plus Calculator

1 Answer

I cannot get the textbook answer (online calculators are also the same as textbook answer) using my sharp calculator EL738: Monthly payment for $184,500 at 6.75% interest semi annually, for 5 year term...


Your result is for the 6.75% interest compounded monthly. The problem states that the interest is compounded semiannually. This makes a difference in the effective interest rate.

A 6.75% APR compounded semiannually gives an effective interest rate of about 6.864%:
Press 2 , 6 . 7 5 2nd >EFF

Converting this to APR gives about 6.657%:
Press 1 2 , 6 . 8 6 4 2nd >APR

If you use 6.657 for the interest rate instead of 6.75 you should get the correct result.

Feb 22, 2011 | Sharp EL-738 Scientific Calculator

1 Answer

The months to pay off a loan are incorrect on my 17BII


This is something you should see your financial institution over, but when i work the math your looking at a 60 month loan total principal divided by # of months in the term i get a $972 monthly payment, $58 going to intrest out of each payment.

Apr 29, 2009 | HP 17bII Calculator

1 Answer

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?

Oct 05, 2007 | Sharp SHREL738 Calculator

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