Sharp el-9950 - Page 191

190
Chapter 9: Financial Features
• So,therequiredamountofdownpaymentis
$300,000 – $149,025.29 = $150,974.71.
UsingtheTVM-SOLVERscreen,youcanobtainvariousresultsby
inputting the known variables and then moving the cursor to the
unknown variable and pressing
@
h
. The value where the
cursor pointer is placed will be calculated from the known variables.
Example
Comparetheprincipalinteresttotalwhenaccumulatinganinterest
of2.18%monthlyon$100for5yearswithpaymentdueatthe
beginning of the period and at the end of the period.
1. Paymentdueatthebeginningoftheperiod
1. Press
@
g C
2
and press
E
.
2. Press
@
g A
E
.
 Paymentdueisnowsetto
the beginning of the period.
3. Enter the values.
4. MovethecursortoFVand
press
@
h
.
2. Paymentdueattheendoftheperiod.
1. Press
@
g C
1
and press
E
.
2. Press
@
g A
E
.
 Paymentdueisnowsetto
the beginning of the period.
3. Enter the values.
4. MovethecursortoFVand
press
@
h
.