Sharp EL-9900 Handbook Vol. 1 Operation Manual page 14

Step & Key Operation
1
4
-
Enter the values L=15,000,
I=0.09, N=48.
1
ENTER
• 0 9
ENTER
8
ENTER
1
5
Solve for the payment(P).
-
( )
CL
2
1
- Save this formula.
C ENTER
2nd F SOLVER
2
2
Give the formula the name AMORT.
-
A
M O R T
3
1
Recall the amortization formula.
-
SOLVER B
2nd F
0 1
3
Enter the values: P = 300,
2
-
I = 0.01, N = 60
3 0 0
ENTER
• 0 1
ENTER
3
3
- Solve for the loan (L).
2nd F
With the Equation Editor, the EL-9900 displays equations, even complicated
ones, as they appear in the textbook in easy to understand format. Also it is
easy to find the solution for unknown variables by recalling a stored equation
and giving values to the known variables in the Solver mode when using the
Advanced keyboard.
5-1
5 0 0 0
4
ENTER
2nd F EXE
ENTER
0
ENTER ENTER
6 0
ENTER
EXE
EL-9900 Graphing Calculator
Display
The monthly payment (P) is
$373.28.
The amount of loan (L) is
$17550.28.
Notes