User Manual
Table Of Contents
- Important Information
- Overview of Calculator Operations
- Turning On the Calculator
- Turning Off the Calculator
- Selecting 2nd Functions
- Reading the Display
- Setting Calculator Formats
- Resetting the Calculator
- Clearing Calculator Entries and Memories
- Correcting Entry Errors
- Math Operations
- Memory Operations
- Calculations Using Constants
- Last Answer Feature
- Using Worksheets: Tools for Financial Solutions
- Time-Value-of-Money and Amortization Worksheets
- TVM and Amortization Worksheet Variables
- Using the TVM and Amortization Variables
- Resetting the TVM and Amortization Worksheet Variables
- Clearing the Unused Variable
- Entering Positive and Negative Values for Outflows and Inflows
- Entering Values for I/Y, P/Y, and C/Y
- Specifying Payments Due With Annuities
- Updating P1 and P2
- Different Values for BAL and FV
- Entering, Recalling, and Computing TVM Values
- Using [xP/Y] to Calculate a Value for N
- Entering Cash Inflows and Outflows
- Generating an Amortization Schedule
- Example: Computing Basic Loan Interest
- Examples: Computing Basic Loan Payments
- Examples: Computing Value in Savings
- Example: Computing Present Value in Annuities
- Example: Computing Perpetual Annuities
- Example: Computing Present Value of Variable Cash Flows
- Example: Computing Present Value of a Lease With Residual Value
- Example: Computing Other Monthly Payments
- Example: Saving With Monthly Deposits
- Example: Computing Amount to Borrow and Down Payment
- Example: Computing Regular Deposits for a Specified Future Amount
- Example: Computing Payments and Generating an Amortization Schedule
- Example: Computing Payment, Interest, and Loan Balance After a Specified Payment
- TVM and Amortization Worksheet Variables
- Cash Flow Worksheet
- Bond Worksheet
- Depreciation Worksheet
- Statistics Worksheet
- Other Worksheets
- APPENDIX - Reference Information
Other Worksheets 79
Breakeven Worksheet Variables
Note: This guidebook categorizes calculator variables by their method of
entry. (See “Types of Worksheet Variables” on page 18.)
Resetting the Breakeven Worksheet Variables
• To reset default values for all Breakeven worksheet variables, press
& z. All Breakeven worksheet variables default to zero.
• To clear all calculator variables and formats and reset default values,
including the Breakeven worksheet variables, press & } !.
Computing Breakeven
1. To access the Breakeven worksheet, press & r. The FC variable
appears.
2. Press # or " to select a known variable, key in the value, and press
!.
3. Repeat step 3 for each of the remaining known variables.
4. To compute a value for the unknown variable, press # or " until the
variable is displayed, and then press C The calculator displays the
computed value.
Example: Computing Breakeven Quantity
A canoe company sells paddles for $20 each. The unit variable cost is $15,
and the fixed costs are $3,000. How many paddles must be sold to break
even?
Variable Key Display Variable Type
Fixed cost &
r
FC
Enter/compute
Variable cost per unit #
VC
Enter/compute
Unit price #
P
Enter/compute
Profit #
PFT
Enter/compute
Quantity #
Q
Enter/compute
To Press Display
Access Breakeven worksheet. & r
FC=
Current value
Enter fixed costs.
3000 !
FC=
3,000.00
1
Enter variable cost per unit. #
15 !
VC=
15.00
1
Enter price. #
20 !
P=
20.00
1