Question about Sharp EL-733A Calculator

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Posted on Jan 02, 2017

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SOURCE: compound interest

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

Posted on Mar 10, 2008

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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

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-735Ive just done that.**

Posted on Oct 03, 2009

SOURCE: SHARP EL-735

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

Posted on Oct 04, 2009

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

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

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

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.

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

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

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...

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)

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

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)

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

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 :)

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

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

Try the FV function
**Syntax**

**FV**(**rate**,**nper**,**pmt**,pv,type)

Nov 03, 2007 | Computers & Internet

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?

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

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

Jan 13, 2014 | Sharp EL-733A Calculator

Jun 07, 2012 | Sharp EL-733A Calculator

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