# 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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Posted on Jan 02, 2017

SOURCE: compound interest

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

Posted on Mar 10, 2008

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

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

SOURCE: SHARP EL-735

Posted on Oct 04, 2009

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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## Related Questions:

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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 %
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If this is not the example you meant, please let me know - and I will explain the other example.
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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

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

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

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4 5 0 0 0 +/- PV (investment amount, negative because you're paying it out)
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### 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

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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)
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If the interest is compounded annually:

2nd [CLR TVM] (clear any existing results)
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25 N (25 years)
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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
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press 446 659 FV
Press COMP PMT.
This should give you the answer of -819.23 as expected :)

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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.

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Nov 03, 2007 | Computers & Internet

### 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

### 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.

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