Sharp EL738C EL-738 Operation Manual - Page 75

Depreciation calculations, Conversion between, APR and EFF, Day and date calculations - 100 digit calculator

Get Sharp EL738C - ELECTRONICS EL-738C Financial Calculator PDF manuals and user guides
UPC - 074000018518
View all Sharp EL738C manuals
Add to My Manuals
Save this manual to your list of manuals

Page 75 highlights

Depreciation calculations ROUND(NUM): If a display notation tab setting has been chosen, NUM is rounded and truncated to the specified number of places after the decimal point. In the following equations, M01 = START MONTH, LIF = LIFE(N), CST = COST(PV), SAL = SALVAGE(FV), and DB = DB(I/Y). Straight-line method (SL) Calculations Results If 1 < n < end_year then Results Sum-of-the-yearsʼ digits method (SYD) Calculations Results Declining balance method (DB) Calculations Error CST < 0 SAL < 0 CST < SAL LIF: when SL, LIF ≤ 0 when SYD or DB, LIF is not a positive integer I/Y < 0 (DB only) Conversion between APR and EFF N, EFF ¬ APR (( EFF + 1 1)N-1) N 100 100 Error EFF ≤ -100 N, APR ¬ EFF APR (( N + 1)N-1) 100 100 Error APR ≤ -100 N Day and date calculations In day and date calculations, this calculator conforms to rules set up in the book titled Standard Securities Calculation Methods, by Jan Mayle, Securities Industry Association, 1993. 74

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
74
Depreciation calculations
ROUND(NUM): If a display notation tab
setting has been chosen, NUM is rounded and
truncated to the speci
fi
ed number of places
after the decimal point.
In the following equations, M01 = START
MONTH, LIF = LIFE(N), CST = COST(PV),
SAL = SALVAGE(FV), and DB = DB(I/Y).
Straight-line method (SL)
Calculations
If 1 < n < end_year then
Results
Sum-of-the-years
ʼ
digits method (SYD)
Calculations
Results
Declining balance method (DB)
Calculations
Results
Error
CST < 0
SAL < 0
CST < SAL
LIF: when SL, LIF
≤
0
when SYD or DB, LIF is not a positive
integer
I/Y < 0 (DB only)
Conversion between
APR and EFF
N
,
EFF
¬
APR
((
+ 1)
–1)
N
100
EFF
100
1
N
Error
EFF
≤
–100
N
,
APR
¬
EFF
((
+ 1)
–1)
100
APR
N
100
N
Error
≤ –100
APR
N
Day and date calculations
In day and date calculations, this calculator
conforms to rules set up in the book titled Stan-
dard Securities Calculation Methods, by Jan
Mayle, Securities Industry Association, 1993.