Answer
Nov 05, 2024 - 02:00 AM
Performing a time-value-of-money calculation on the Sharp EL-738FB calculator is straightforward. Here's a step-by-step guide:
1. Press the "2nd F" button followed by the "FIN" button to access the financial functions.
2. Use the arrow keys to navigate to the desired time-value-of-money calculation. In this case, select "PV" for present value.
3. Enter the future value by inputting the desired amount using the numeric keypad. Press the "Enter" button to confirm.
4. Enter the interest rate by inputting the rate using the numeric keypad. Press the "Enter" button to confirm.
5. If necessary, input the number of periods using the numeric keypad. Press the "Enter" button to confirm.
6. The calculator will display the present value of the investment based on the provided inputs.
For more detailed instructions and additional financial calculations, please refer to the operation manual provided with the Sharp EL-738FB calculator.
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