Profit margin worksheet – Texas Instruments BA II PLUS User Manual

Page 80

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76

Other Worksheets

6.

To change the day-count method setting, press

# until

ACT

or

360

is

displayed.

7.

To compute a value for the unknown variable, press

# or " to

display the variable, and then press

%. 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?

Answer: Because there are 58 days between the two dates, the loan
accrues interest for 58 days before the first payment.

Profit Margin Worksheet

Profit Margin Worksheet Variables

To

Press

Display

Select Date worksheet.

& u

DT1=

12-31-1990

Enter first date.

9.0403

!

DT1=

9-04-2003

Enter second date.

#

11.0103

!

DT2=

11-01-2003

Select actual/actual day-count
method.

# #

ACT

Compute days between dates.

" %

DBD=

58.00

The Profit Margin worksheet computes cost, selling price,
and gross profit margin.

Note: To perform markup calculations, use the Percent
Change/Compound Interest worksheet. (See “

Percent

Change/Compound Interest Worksheet

” on page 69.)

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.

Variable

Key

Display

Variable Type

Cost

& w

CST

Enter/compute

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