%BTXL.NBUHIHUHQ.HBJXLGHIP 3DJH 6XQGD\ -XQH 30 %DVL.V 3HU.HQWDJHV 'LVSOD\ B HP 10BII Financial Calculator .H\V O H [orange label] H 123p C Hª HD Hu 'HV.ULSWLRQ Turns calculator on. Displays shift annunciator (6+,)7). Discontinues shift. Erases last character. Clears display. Clears statistics memory. Clears all memory. Turns calculator off. b U £ Percent. Cost. Price. { ; Margin Markup Add 15% to $17.50. .H\V 17.50+ 15b= 'LVSOD\ 'HV.ULSWLRQ Enters number. Adds 15%. Enters cost. Enters price. Calculates margin. Enters cost. Enters markup. Calculates price. Quick Reference Guide Find the margin if cost is $15.00 and selling price is $22.00. 15U 22£ { If the cost is $20.00 and the markup is 33%, what is the selling price? 20U 33; £ 0HPRU\ .H\V K # ¡ , H? : 7LPH 9DOXH RI 0RQH\ 790 Enter any four of the five values and solve for the fifth. A negative sign in the display represents money paid out; money received is positive. n L $ P M Hm H¢ Stores a constant operation. Stores a value in the M register (memory location). Recalls a value from the M register. Adds a value to the number stored in the M register. Stores a value in a numbered register. Recalls a value from a numbered register. 'LVSOD\ If you borrow $14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the monthly repayment? Set to End mode. Press Hm if %(*,1 annunciator is displayed. .H\V 12H¢ 360n 10L 14000 $ 0M P 'LVSOD\ ± 'HV.ULSWLRQ Sets payments per year. Enters payments. Enters interest per year. Enters present value. Enters future value. Calculates payment if paid at end of period. Multiply 17, 22, and 25 by 7, storing "× 7" as a constant operation. .H\V 17@7K = 22= 25= 'HV.ULSWLRQ Stores "× 7". Multiplies 17 × 7. Multiplies 22 × 7. Multiplies 25 × 7. Stores in register 2. Clears display. Recalls register 2. Number of payments. Interest per year. Present value. Payment. Future value. Begin or End mode. Number of payments per year mode Store 519 in register 2, then recall it. 519H?2 C :2 6HH H[DPSOH RQ SDJH %BTXL.NBUHIHUHQ.HBJXLGHIP 3DJH 6XQGD\ -XQH 30 790 :KDW LI«" It is not necessary to reenter TVM values for each example. Using the values from the previous page, how much can you borrow if you want a payment of $100.00? .H\V 'LVSOD\ 'HV.ULSWLRQ Enters new payment amount. (Money paid out is negative.) $ Calculates amount you can borrow. How much can you borrow at a 9.5% interest rate? 9.5L Enters new interest rate. $ Calculates new present value for $100.00 payment and 9.5% interest. 10L Reenters original interest rate. 14000$ Reenters original present value. P ± Calculates original payment. 100FP $PRUWL]DWLRQ After calculating a payment using Time Value of Money (TVM), enter the periods to amortize and press H!. Then press =to continually cycle through the interest, principal, and balance values (indicated by the 35,1, ,17, and %$/ annunciators respectively). Using the TVM example from the previous page, amortize a single payment and then a range of payments. Amortize the 20th payment of the loan. .H\V 20N H! = = = Amortize the 1st through 12th loan payments. 1N12 H! = = = ± B ± ± ± Enters range of periods to amortize. Displays range of payments. Displays principal. Displays interest. Displays balance. ,QWHUHVW 5DWH &RQYHUVLRQ To convert between nominal and effective interest rates, enter the known rate and the number of periods per year, then solve for the unknown rate. H& Hx H¢ 'LVSOD\ ± ± ± 'HV.ULSWLRQ Enters period to amortize. Displays period to amortize. Displays principal. Displays interest. (Money paid out is negative.) Displays balance. Nominal interest percent. Effective interest percent. Periods per year. 6HH H[DPSOH RQ SDJH 6HH H[DPSOH RQ SDJH Find the annual effective interest rate of 10% nominal interest compounded monthly. .H\V 'LVSOD\ 'HV.ULSWLRQ 10H& Enters nominal rate. 12H¢ Enters payments per year. Hx Calculates annual effective interest. If you have an initial cash outflow of $40,000, followed by monthly cash inflows of $4,700, $7,000, $7,000, and $23,000, what is the IRR/ YR? What is the IRR per month? .H\V HD 12H¢ 40000FJ 4700J 7000J 2Ha 23000J HW ¤12= 6WDWLVWL.V Hª 'LVSOD\ ± 'HV.ULSWLRQ Clears all memory. Sets payments per year. Enters initial outflow. Enters first cash flow. Enters second cash flow. Enters number of consecutive times cash flow occurs. Enters third cash flow. Calculates IRR/YR. Calculates IRR per month. Enters I/YR. Calculates NPV. ,55<5 DQG 139 H¢ J Ha HW Hl number _ number H^ number1 Nnumber2 _ number1 Nnumber2 H^ HBH© Hc HXH© HkH© Clear statistical registers. Enter one-variable statistical data. Delete one-variable statistical data. Enter two-variable statistical data. Delete two-variable statistical data. Means of x and y. Mean of x weighted by y. Sample standard deviations of x and y. Population standard deviations of x and y. Estimate of x and correlation coefficient. Estimate of y. y-intercept and slope. Number of periods per year (default is 12). Cash flows, up to 15 ( j is the cash flow number). Number of consecutive times cash flow j occurs. Internal rate of return per year. Net present value. y-value HQH© x-value HR 0HRH© 6HH H[DPSOH RQ SDJH What is the NPV if the discount rate is 10%? 10L Hl