Financial Calculator Fundamentals

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# Financial Calculator Fundamentals - PowerPoint PPT Presentation

Financial Calculator Fundamentals Financial Calculator Fundamentals Display Menu Menu Keys Memory Store Previous Menu Backspace Memory Recall Input Scroll Shift On/Clear Display FIX ^ DSP 4 INPUT SHOW General Information Controlling the Display Format 1) Select “Display”

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Financial Calculator Fundamentals

Display

Memory Store

Backspace

Memory Recall

Input

Scroll

Shift

On/Clear Display

FIX

^

DSP

4

INPUT

SHOW

General Information

• Controlling the Display Format

1) Select “Display”

2) Press “Fix”

3) Type “4”

• Showing Full Precision

1) Select Shift “Show”

0

STO

0

RCL

General Information

• Storing A Number in Memory

1) Select “Store”

2) Press “0”

10 Storage Registers (0 – 9)

• Recalling A Stored Number

1) Select “Recall”

2) Press “0”

CLEAR DATA

CLEAR DATA

yx

5

3

=

.25

1/X

General Information

• Finding the Reciprocal of A Number .25 = 4

1) Clear Registers

2) Type “.25”

3) Press “Shift” “1/X”

• Raising A Number to A Power 53 = 125

1) Clear Registers

2) Type “5”

3) Press “Shift” “yx”

4) Press “3” “=”

CLEAR DATA

1/X

64

yx

6

=

General Information

• Finding the “nth” Root of A Number = 2

1) Clear Registers

2) Type “64”

3) Press “Shift” “yx”

4) Type “6”

5) Press “Shift” “1/X”

6) Press “=”

CLEAR DATA

CLEAR DATA

X2

36

6

General Information

• Finding the Square Root of A Number (Shortcut) = 6

1) Clear Registers

2) Type “36”

3) Press “Shift” “ ”

• Squaring A Number (Shortcut) 62 = 36

1) Clear Registers

2) Type “6”

3) Press “Shift” “X2 ”

CLEAR DATA

+

46

54

=

Simple Math

• Addition 46 + 54 = 100

1) Clear Registers

2) Type “46”

3) Press “+”

4) Type “54”

5) Press “=”

CLEAR DATA

-

641

323

=

Simple Math

• Subtraction 641 - 323 = 318

1) Clear Registers

2) Type “641”

3) Press “-”

4) Type “323”

5) Press “=”

CLEAR DATA

X

93.6

47

=

Simple Math

• Multiplication 93.6 X 47 = 4,399.2

1) Clear Registers

2) Type “93.6”

3) Press “X”

4) Type “47”

5) Press “=”

CLEAR DATA

864.45

601.335

=

Simple Math

• Division 864.45  601.335 = 1.4376

1) Clear Registers

2) Type “864.45”

3) Press “”

4) Type “601.335”

5) Press “=”

CLEAR DATA

+

+

2

X

38

43

671

261

X

83

=

429

-

Simple Math

• Chain Math 43 + 261  429 X 83 – 671 + 38 X 2 = -1,148.3683

1) Clear Registers

9) Press “-”

2) Type “43”

10) Type “671”

3) Press “+”

11) Press “+”

4) Type “261”

12) Type “38”

5) Press “ ”

13) Press “X”

6) Type “429”

14) Type “2”

7) Press “X”

15) Press “=”

8) Type “83”

FIN

BUS

SUM

TIME

SOLVE

TEXT

CALC

INSR

DELET

NAME

GET

Financial Calculator Fundamentals

TOTAL

TOTAL

MEAN

MEDN

STDEV

RANGE

MORE

MIN

MAX

SORT

FRCST

MORE

CALC

SUM

YES

Clear Data

MEAN

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the mean of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Mean – the average value.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Mean

CALC

SUM

YES

Clear Data

MEAN

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the mean of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Mean – the average value. = 24.0909

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Mean

CALC

SUM

YES

Clear Data

MEDN

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the median of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Median – the value in the middle when the data are arranged in ascending order.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Medn

CALC

SUM

YES

Clear Data

MEDN

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the median of the following series of numbers?

3, 12, 12, 12, 18, 19 , 24, 27, 31, 41, 66

Median – the value in the middle when the data are arranged in ascending order.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Medn

CALC

SUM

YES

Clear Data

MORE

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the mode of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Mode – the data value that occurs with the greatest frequency.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

SORT

ITEM (12)=?

^

ITEM (9)=31

ITEM (11)=66

ITEM (10)=41

EXIT

Statistical Calculations

Mode - continued

18) Press Sort

19) Press Exit

20) Press Scroll

21) Press Scroll

22) Press Scroll

23) Press Scroll

24) – 31) Repeat for27, 24, 19, 18, 12, 12, 12, 3

3, 12, 12, 12, 18, 19, 24, 27, 31, 41, 66

CALC

SUM

YES

Clear Data

STDEV

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the standard deviation of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Standard Deviation – the positive square root of the variance

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Stdev

CALC

SUM

YES

Clear Data

STDEV

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the standard deviation of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Standard Deviation – the positive square root of the variance = 17.4497

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Stdev

CALC

SUM

YES

Clear Data

RANG

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the range of the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Range – is the mathematical difference between the largest value and the smallest value in a series of numbers.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Rang

CALC

SUM

YES

Clear Data

RANG

ITEM (2)=?

12

^

^

^

12

^

INPUT

EXIT

ITEM (11)=?

19

ITEM (1)=?

INPUT

INPUT

Statistical Calculations

What is the range of the following series of numbers?

3, 12, 12, 12, 18, 19, 24, 27, 31, 41, 66

Range – is the mathematical difference between the largest value and the smallest value in a series of numbers. = 63.0000

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press Rang

MIN

SUM

YES

Clear Data

MORE

CALC

INPUT

INPUT

ITEM (11)=?

^

^

^

12

^

^

ITEM (1)=?

19

12

INPUT

ITEM (2)=?

EXIT

Statistical Calculations

What is the minimum value in the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Minimum value – is the smallest value in a series of numbers.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

14) Input Value

2) Clear Registers

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

18) Press Min

MIN

SUM

YES

Clear Data

MORE

CALC

INPUT

INPUT

ITEM (11)=?

^

^

^

12

^

^

ITEM (1)=?

19

12

INPUT

ITEM (2)=?

EXIT

Statistical Calculations

What is the minimum value in the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Minimum value – is the smallest value in a series of numbers. = 3

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

14) Input Value

2) Clear Registers

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

18) Press Min

MAX

SUM

YES

Clear Data

MORE

CALC

INPUT

INPUT

ITEM (11)=?

^

^

^

12

^

^

ITEM (1)=?

19

12

INPUT

ITEM (2)=?

EXIT

Statistical Calculations

What is the maximum value in the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Maximum value – is the largest value in a series of numbers.

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

14) Input Value

2) Clear Registers

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

18) Press Max

MAX

SUM

YES

Clear Data

MORE

CALC

INPUT

INPUT

ITEM (11)=?

^

^

^

12

^

^

ITEM (1)=?

19

12

INPUT

ITEM (2)=?

EXIT

Statistical Calculations

What is the maximum value in the following series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

Maximum value – is the largest value in a series of numbers. = 66

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

14) Input Value

2) Clear Registers

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

18) Press Max

CALC

SUM

YES

Clear Data

MORE

12

12

^

^

^

ITEM (2)=?

^

INPUT

EXIT

ITEM (1)=?

INPUT

19

ITEM (11)=?

INPUT

Statistical Calculations

How do I sort this series of numbers?

12, 19, 24, 3, 18, 66, 12, 27, 31, 41,12

4) Input Value

5) Input Value

6) – 13) Repeat for24, 3, 18, 66, 12, 27, 31,41

2) Clear Registers

14) Input Value

15) Press Exit

3) Clear The List?

16) Press Calc

17) Press More

SORT

ITEM (12)=?

^

ITEM (9)=31

ITEM (11)=66

ITEM (10)=41

EXIT

Statistical Calculations

Sort - continued

18) Press Sort

19) Press Exit

20) Press Scroll

21) Press Scroll

22) Press Scroll

23) Press Scroll

24) – 31) Repeat for27, 24, 19, 18, 12, 12, 12, 3

3, 12, 12, 12, 18, 19, 24, 27, 31, 41, 66

FIN

BUS

SUM

TIME

SOLVE

TEXT

Financial Calculator Fundamentals

CALC

EDIT

DELETE

NEW

WXYZ

F

SOLVE

RSTUV

E

OTHER

FGHI

:

ABCDE

NEW

T

^

^

^

^

^

^

^

^

^

^

^

Using Equation Solver

How do I program the calculator to convert Centigrade Temperatures to Fahrenheit?

Formula: Fahrenheit Temp = Centigrade Temp X 9 / 5 + 32

5) Select “E”

6) Type “E”

7) – 13) Repeat forM, P, C, O, N, V

14) Type “:”

2) Select New

15) Select “F”

3) Select “T”

16) Type “F”

4) Type “T”

ABCDE

E

A

C

ABCDE

ABCDE

9

^

INPUT

32

^

=

+

^

^

^

^

5

X

CALC

Using Equation Solver

Solver - continued

28) Press “X”

17) Select “A”

29) Press “9”

18) Type “A”

30) Press “”

19) – 20) Repeat forH, R

21) Press “=”

31) Press “5”

22) Select “C”

32) Press “+”

23) Type “C”

33) Press “32”

24) Select “E”

34) Press Input

25) Type “E”

35) Press Calc

26) – 27) Repeat forN, T

CENT

FAHR

FAHR

CENT

^

^

0

^

^

98.6

36) Type “0” Cent

37) Select Fahr

38) Type “98.6” Fahr

39) Select Cent