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Continuous compound using Sharp El 735- I am trying to work out which keys to use to find FV of Continuous Compounding problem. PV=10K, i=8% n=2 any suggestions please on how to key this in the calculator

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6 Suggested Answers

6ya6ya
  • 2 Answers

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Posted on Jan 02, 2017

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marsrover
  • 682 Answers

SOURCE: compound interest

http://www.sharpusa.com/files/cal_man_EL531_509.pdf.

Posted on Mar 10, 2008

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  • 1 Answer

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

  • 1 Answer

SOURCE: where can i find sharp el735 manual

GOTO http://support.sharp.net.au/

in the pickup menu .. choose alculator... and put in model EL-735

Ive just done that.

Posted on Oct 03, 2009

  • 1 Answer

SOURCE: SHARP EL-735

There you go mate...http://support.sharp.net.au/downloads/opmanuals/EL735.pdf

Posted on Oct 04, 2009

  • 1 Answer

SOURCE: Need help finding the CPT Button on the Sharp EL 738

CPT does stand for COMPUTE, on other calculators this is the COMP button, same thing, different name.

Posted on Apr 15, 2010

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1 Answer

How to calculate effective annual rate


Hi there, if you are following the example from page 24 of the manual - The steps are as follows - reset or clear the previous values by pressing the orange key (2nd F) and MODE.
Then make sure that BGN is not displayed (To do this press 2nd F and FV (above it you will see BGN/END)). To set the number of payments per year press 2nd F I/Y (above it is P/Y). Type in 12 and press ENT. Press the down arrow key and to make sure C/Y also says 12 (12 compounding periods per year). Then press on. Calculate the total number of payments - to do this type in 20 2nd F N (to get xP/Y) and then store the answer in N by pressing N again. (Your screen should say ANS -> 240.00)Type in your present value 56000 and press PV to store it. Enter the monthly payment press +/- 440 PMT. Enter your future value (press 0 then FV). Now to calculate the interest rate press COMP I/Y. It should give you 7.17 %
A very common error is not pressing N to store the number of total payments into the calculator.
If this is not the example you meant, please let me know - and I will explain the other example.
good luck

Jun 23, 2014 | Sharp EL-738 Scientific 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

How to calculate on BA-II Plus the number of annual compounding periods


Actually, you don't need the y^x key.

Clear the financial registers with 2nd [CLR TVM]
Enter the present value: 1 0 0 0 0 0 0 +/- FV
Enter the future value: 2 0 0 0 0 0 0 FV
Enter the interest rate: 7 I/Y
Compute the number of periods: CPT N

Mar 24, 2013 | Texas Instruments BA II PLUS Financial...

1 Answer

45,000 to invest.want to have 250,000 in 20 years. what rate of interest do i need if its compounding monthly?


4 5 0 0 0 +/- PV (investment amount, negative because you're paying it out)
2 5 0 0 0 0 FV (desired amount, positive because you're receiving it)
2 0 SHIFT xP/YR (20 years)
I/YR (calculate annual interest rate)

Jan 23, 2011 | HP 10bII Calculator

1 Answer

What buttons do I push in what order to figure compound interset. if I start with$15,000.00 at 6% interset for 25 years. I am on a texas instrument ba 2 plus


If the interest is compounded monthly:

2nd [CLR TVM] (clear any existing results)
1 5 0 0 0 _/- PV (present value, negative because you're paying it out)
6 I/Y (annual interest rate)
25 2nd [*P/Y] N (25 years)
CPT FV (compute future value, see 66,974.55)

If the interest is compounded annually:

2nd [CLR TVM] (clear any existing results)
1 5 0 0 0 _/- PV (present value, negative because you're paying it out)
6 I/Y (annual interest rate)
2nd [P/Y] 1 ENTER 2nd [QUIT] (one compounding period per year)
25 N (25 years)
CPT FV (compute future value, see 64,378.96)

Oct 26, 2010 | Texas Instruments BA-II Plus Calculator

1 Answer

Sharp EL 738 Financial Calculator TMV calculation


Hi there,

Firstly, can i recommend resetting the calculator (There is a reset button on the back). (Or in general press 2ndF MODE to clear all the saved data).
Set your MODE to BEGIN by pressing 2ndF FV.
press 180 N
press 9 i/y
press 2ndF I/Y - press 12 ENT (this puts in your compounding intervals).
Press on
press +/- 35 000 PV
press 446 659 FV
Press COMP PMT.
This should give you the answer of -819.23 as expected :)

Jul 18, 2017 | Sharp EL-738 Scientific Calculator

1 Answer

Hi i have a problem with my Hp10bII calculator everytime i tried to calculate N3 I/YR5 PV-100 PMT0 FV should 115.76 but in my calculator gives me 101.26


101.26 is what you'd get for 5% APR compounded monthly for three months. 115.76 is what you'd get for 5% APR compounded yearly for three years. Make sure that the compounding interval and the interest rate are consistent.

Jan 06, 2009 | HP 10bII Calculator

1 Answer

Need your help


Try the FV function Syntax
FV(rate,nper,pmt,pv,type)

Nov 03, 2007 | Computers & Internet

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

11 Answers

PV FUNCTION GIVING WRONG ANSWERS


The BAII Plus comes from the factory set to assume monthly compounding. To fix this problem press 2nd then I/Y and enter 1 when prompted.

Sep 30, 2007 | Texas Instruments BA-II Plus Calculator

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