Texas Instruments BA II PLUS PRO User Manual - Page 80

Profit Margin Worksheet, Example: Computing Days between Dates, Profit Margin Worksheet Variables

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Page 80 highlights

6. To change the day-count method setting, press # until ACT or 360 is displayed. 7. To compute a value for the unknown variable, press # or " to display the variable, and then press %. The calculator displays the computed value. Example: Computing Days between Dates A loan made on September 4, 2003 defers the first payment until November 1, 2003. How many days does the loan accrue interest before the first payment? To Press Display Select Date worksheet. & u DT1= 12-31-1990 Enter first date. 9.0403 ! DT1= 9-04-2003 Enter second date. # 11.0103 ! DT2= 11-01-2003 Select actual/actual day-count # # ACT method. Compute days between dates. " % DBD= 58.00 Answer: Because there are 58 days between the two dates, the loan accrues interest for 58 days before the first payment. Profit Margin Worksheet The Profit Margin worksheet computes cost, selling price, and gross profit margin. Note: To perform markup calculations, use the Percent Change/Compound Interest worksheet. (See "Percent Change/Compound Interest Worksheet" on page 69.) • To access the Profit Margin worksheet, press & w. • To access profit margin variables, press " or #. • Enter values for the two known variables, and then compute a value for the unknown variable. Profit Margin Worksheet Variables Variable Cost Key & w Display CST Variable Type Enter/compute 76 Other Worksheets

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76
Other Worksheets
6.
To change the day-count method setting, press
#
until
ACT
or
360
is
displayed.
7.
To compute a value for the unknown variable, press
#
or
"
to
display the variable, and then press
%
. The calculator displays the
computed value.
Example: Computing Days between Dates
A loan made on September 4, 2003 defers the first payment until
November 1, 2003. How many days does the loan accrue interest before
the first payment?
Answer:
Because there are 58 days between the two dates, the loan
accrues interest for 58 days before the first payment.
Profit Margin Worksheet
Profit Margin Worksheet Variables
To
Press
Display
Select Date worksheet.
& u
DT1=
12-31-1990
Enter first date.
9.0403
!
DT1=
9-04-2003
Enter second date.
#
11.0103
!
DT2=
11-01-2003
Select actual/actual day-count
method.
# #
ACT
Compute days between dates.
" %
DBD=
58.00
The Profit Margin worksheet computes cost, selling price,
and gross profit margin.
Note:
To perform markup calculations, use the Percent
Change/Compound Interest worksheet. (See “
Percent
Change/Compound Interest Worksheet
” on page 69.)
•
To access the Profit Margin worksheet, press
&
w
.
•
To access profit margin variables, press
"
or
#
.
•
Enter values for the two known variables, and then
compute a value for the unknown variable.
Variable
Key
Display
Variable Type
Cost
& w
CST
Enter/compute