Sharp QS-2770H - Manual (Page 51)

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OPERATION DISPLAY PRINT
.05 0.05 0.05 ÷ Annual int. rate
4 4. =
0.0125 Quarterly int. rate
0.0125
0.0125
0.0125 +
1 1.0125 1. +
1.0125
◊ (1 + i)
1.0125 1.0125
×
1.0125 =
1.02515625 (1 + i) 2
1.02515625
1.02515625
1.02515625
×
1.02515625 =
1.050945336 (1 + i) 4
1.050945336
1.050945336
1.050945336
×
1.050945336 =
1.104486099
(1 + i) 8
1.104486099
1.104486099
1.104486099
×
1.104486099 =
1.219889542
(1 + i) 16
1.219889542
1.219889542
1.219889542
×
6150 6,150. = Principal
7,502.320683 New balance
7,502.320683
(QS-1760H):