EL-738C Sharp

User Manual - Page 57

For EL-738C.

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56
Procedure Key operation Display
Enter the new value.
i
9800
Q
NEW PRC(FV)=
980000
Set the number of com-
pound periods to 18.
i
i
18
Q
PERIODS(N)=
1800
Calculate the com-
pound interest rate.
z
@
%(I/Y)=
113
Answer: The compound interest rate is 1.13%.
Cost/Sell/Margin/Markup Calculations
Using cost/sell/margin/markup calculations, you can determine
costs, selling prices, margins and markup.
Variables used in cost/sell/margin/markup calcula-
tions
Variable Description Default value
COST Cost 0
SELL Selling price 0
MARGIN Profi t margin (%) 0
MARK UP Markup (%) 0
Profi t margin (%) is calculated based on selling price.
Markup (%) is calculated based on cost.
Basic operations
Refer to page 19 for basic variable operations.
1. Press
s
to clear the display.
• Make sure the calculator is in NORMAL mode.
2. Select cost/sell/margin/ markup
calculations by pressing
I
.
To end cost/sell/margin/mark-
up calculations, press
s
.
If you press
s
during entry, any entered values will be
cleared.
*
1
*
1
*
2
*
2
COST=
000
3FinancialFunctionsCurrent.indd563FinancialFunctionsCurrent.indd56 06.7.108:38:55PM06.7.108:38:55PM
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