#Sharp financial calculators how to

In this problem, the $100 is the present value (PV), N is 5, and i is 10%. How much will you have accumulated at the end of this time period? Suppose that you have $100 to invest for a period of 5 years at an interest rate of 10% per year. We'll begin with a very simple problem that will provide you with most of the skills to perform financial math on the EL-733A: If it isn't there, please drop me a note and I'll try to answer the question. If you don't find the answer that you are looking for, please check the FAQ.

That's it, the calculator is ready to go. I would press 2nd TAB 5 to display 5 decimal places. To change the display, press 2nd TAB, and finally the numeric key that corresponds to the number of digits that you would like to see displayed. Personally, I like to always see five decimal places, but you may prefer some other number. By default the EL-733A displays the full precision of numbers without trailing zeros. This is vitally important because the financial keys do not work at all in the other modes. If necessary, change to the FIN mode by pressing 2nd MODE until FIN appears in the upper-right portion of the screen. For the purposes of this tutorial, we want to be in the FIN mode. The EL-733A has three different 'modes' in which it operates (Normal, FIN, and STAT). I will keep the examples rather elementary, but understanding the basics is all that is necessary to learn the calculator.

#Sharp financial calculators how to

This tutorial will demonstrate how to use the financial functions to handle time value of money problems and make financial math easy. The Sharp EL-733A is a very easy to use financial calculator that will work fine in all finance courses, but it does have some oddities not shared by other financial calculators. Are you a student? Did you know that Amazon is offering 6 months of Amazon Prime - free two-day shipping, free movies, and other benefits - to students? Click here to learn more