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Sharp EL-9900 User Manual

Page 195

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185

Chapter 11: Financial Features

11. Input 360 for N (number of payment periods) and press

E.

The cursor moves to “I%”.

12. Input 5 for I% (annual

interest) and press

E.

13. Input 200000 for PV (present

value) and press

E.

14. Press

E.

Since the payment amount is to be calculated from the other

values, no value must be entered for PMT (payment or

received amount).

15. Press

E again.

Since FV (future value) is “0” at the end, no value must be

entered for FV.

16. Press 12 for P/Y (number of payments per year) and press

E.

The payment due time is set to
the end of period.

Payment due settings

Number of payment periods

Interest

Present value (principal sum)

Payment or received amount

Future value (principal interest total)

Number of payments per year

Cumulative interest per year

Setting the payment due time

5. Press

@ g.

6. Press

C (C PERIOD).

7. Press

1 (1 PmtEnd)

and press

E.

Payment due time is now set

to the end of the period.

8. Press

@ g.

9. Press

A E.

10. The following TVM-SOLVER screen will appear.

The payment due time is set to the end of the period.

Starting the

calculation

Enter the value

using the

SOLVER

function