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6. To change the day-count method setting, press # until ACT or 360 is
displayed, and then press & V to select the other day-count method.
7. To compute a value for the unknown variable, press # or " to display the
variable, and then press C. The calculator displays the computed value.
Example: Computing Days between Dates
A loan made on September 4, 2003 defers the first payment until November 1,
2003. How many days does the loan accrue interest before the first payment?
To Press Display
Select Date worksheet & u
DT1= 12-31-1990
Enter first date 9.0403 !
DT1= 9-04-20031
Enter second date
# 11.0103
!
DT2= 11-01-20031
Select actual/actual day-
count method
# #
ACT
Compute days between
dates
" C
DBD= 58.007
Answer: Because there are 58 days between the two dates, the loan accrues
interest for 58 days before the first payment.
Profit Margin Worksheet
The Profit Margin worksheet computes cost, selling
price, and gross profit margin.
Note: To perform markup calculations, use the Percent
Change/Compound Interest worksheet.
To access the Profit Margin worksheet, press &
w.
To access profit margin variables, press " or #.
Enter values for the two known variables, and then
compute a value for the unknown variable.
82


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