Sharp EL-738 EL-738 Operation Manual - Page 73
Appendix - rounding
UPC - 074000018518
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Appendix Financial Calculation Formulas TVM solver PMT, PV, FV, N Error If PMT ≠ 0 or N ≠ 1 then find i using the following equations: + Error i≤ -1 Amortization calculations Calculations (for PV, PMT, and i, see the TVM solver) END INT(1) = ROUND(-PV × i) BGN INT(1) = 0 PRN(1) = -INT(1) + ROUND(PMT) BAL(1) = PRN(1) + PV INT(m) = ROUND(-BAL(m - 1) × i) PRN(m) = -INT(m) + ROUND(PMT) BAL(m) = PRN(m) + BAL(m - 1) 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. Results I/Y If PMT = 0 then If N = 1 then Error AMRT P1 > AMRT P2 Discounted cash flow analysis m m CF where i = RATE(I/Y) 100 , CFimax = the maxi- mum data set number IRR is obtained as i, which satisfies NPV = 0 in the above equations. 72