Basic Operations - Sharp EL-738 Operation Manual

Procedure
Change the fi rst cash
fl ow value from –25,000
to –30,000.
Change the frequency
of 5000 from 2 to 1.
Add a new data set
(6000) immediately
before 5000.
To confi rm the corrections, press . z to jump to the fi rst
data item and press i to browse through each data item.
Variables used in discounted cash fl ow analysis
Variable
RATE (I/Y)
NET_PV
• The variable RATE (I/Y) is shared by the variable I/Y. NET_PV
is for calculation only and has no default value.
• The BGN/END setting is not available for discounted cash fl ow
analysis.
NPV and IRR
The calculator solves the following cash fl ow values:
Net present value (NPV):
The total present value of all cash fl ows, including cash paid out
(outfl ows) and cash received (infl ows). A profi table investment is
indicated by a positive NPV value.
Internal rate of return (IRR):
The interest rate that gives a net present value of zero.

Basic operations

Refer to page 19 for basic variable operations.
1. Press s to clear the display.
• Make sure the calculator is in NORMAL mode.
Key operation
, 30000 J
i i i i
i i i 1 J
. e 6000 J
Description
Internal rate of return (IRR)
Net present value (NPV)
Display
CF D—=
-3000000
CF N3=
100
CF D3=
600000
Default value
0
—
40