Essential Calculator Settings Flashcards
1
Q
How do you set the number of decimals to 4?
A
[SHIFT] [DISP] 4
2
Q
How to set period compounding to one per year
A
1 [SHIFT] [P/YR]
3
Q
How to change from BEGIN/END mode?
A
[SHIFT] [Beg/End]
4
Q
What types of problems use END mode?
A
- ordinary annuity
- when a payment is made at the end of the period
- debt payments (mortgage, car loan)
- savings contributions, IRA or 401k
5
Q
What types of problems use BEGIN mode?
A
- payment due at beginning of period
- rent payments
- tuition payments
- retirement income
6
Q
How to clear the calculators memory?
A
[SHIFT] [C ALL]
7
Q
Calculate 74
A
7 [SHIFT] [yx]]
Answer: 2401
8
Q
Calculate the reciprocal of 4
A
4 [SHIFT] [1/x]
Answer: 0.25
9
Q
What are the keystrokes to solve the Nth root of a 3431/3
A
- square root to the nth power
- 343 [SHIFT] [yx​]
- 3 [SHIFT] [1/X]
- =
- ANSWER: 7
10
Q
What are the order of operations?
A
- Parenthesis
- Exponent
- Multiply
- Divide
- Add
- Subtract
11
Q
Solve: 0.15[(1.07)10-1]+5
A
1.07[SHIFT] [YX]: 1.07
10 [=]: 1.9672
[-] 1 [=]: .9672
[X] .15 [=]: .1451
[+] 5 [=]: 5.1451