Quick Reference Guide
Page 20
...not have a present value. (If there is no future value, FV=0.) § If payments are compounded forward, the payment amount is positive. Annuity Calculations (Continued) Recalling Values To recall a value that you have entered or computed, press s and the appropriate key for the value you are solving. ...may be positive or negative, depending on the type of problem you want to recall the present value, press s K. This is the case in mortgage, loan, bond, and lease problems. These problems have a future value. (If there is no present value, PV=0.) 20 Positive or Negative ...
...not have a present value. (If there is no future value, FV=0.) § If payments are compounded forward, the payment amount is positive. Annuity Calculations (Continued) Recalling Values To recall a value that you have entered or computed, press s and the appropriate key for the value you are solving. ...may be positive or negative, depending on the type of problem you want to recall the present value, press s K. This is the case in mortgage, loan, bond, and lease problems. These problems have a future value. (If there is no present value, PV=0.) 20 Positive or Negative ...
Quick Reference Guide
Page 30
.... Compute monthly payment. Key Sequence - 0 b 0 c 2 2 0 a mortgage K rate 0 h I years 0 i C 1 M * If payments occur at the beginning of payment periods. Values You Supply: § mortgage amount § annual interest rate § number of -month payments (ordinary annuity).... Common Keystroke Sequences Monthly Payment for a Home Mortgage Purpose: To find the amount of the monthly payment on a mortgage with end-of years in mortgage Procedure Clear calculator and mode registers; Calculate...
.... Compute monthly payment. Key Sequence - 0 b 0 c 2 2 0 a mortgage K rate 0 h I years 0 i C 1 M * If payments occur at the beginning of payment periods. Values You Supply: § mortgage amount § annual interest rate § number of -month payments (ordinary annuity).... Common Keystroke Sequences Monthly Payment for a Home Mortgage Purpose: To find the amount of the monthly payment on a mortgage with end-of years in mortgage Procedure Clear calculator and mode registers; Calculate...
Quick Reference Guide
Page 31
...each month (annuity due), press 0 a until Begin is not displayed.* Enter mortgage amount. Press 0 a until Begin is displayed. Enter interest rate. Enter number of payment periods. select two decimal places. Calculate number of payment periods. Press 2 until FIN is displayed. 31 Values You... Supply: § mortgage amount § annual interest rate § number of years in mortgage § amount of -month payments (ordinary annuity)....
...each month (annuity due), press 0 a until Begin is not displayed.* Enter mortgage amount. Press 0 a until Begin is displayed. Enter interest rate. Enter number of payment periods. select two decimal places. Calculate number of payment periods. Press 2 until FIN is displayed. 31 Values You... Supply: § mortgage amount § annual interest rate § number of years in mortgage § amount of -month payments (ordinary annuity)....
Quick Reference Guide
Page 32
...0 c 2 2 (continued) 32 Press 2 until FIN is not to exceed a predetermined percentage limit of the selling price) Procedure Clear calculator and mode registers; Common Keystroke Sequences (Cont.) Loan Amount a Buyer Can Afford Purpose: To find the maximum loan amount and selling price a...percentage of the buyer's gross monthly income. select two decimal places. Values You Supply: § annual interest rate § number of years in mortgage § buyer's gross monthly income § percent limit (of gross monthly income) § percent taxes and Insurance (of total monthly payment) ...
...0 c 2 2 (continued) 32 Press 2 until FIN is not to exceed a predetermined percentage limit of the selling price) Procedure Clear calculator and mode registers; Common Keystroke Sequences (Cont.) Loan Amount a Buyer Can Afford Purpose: To find the maximum loan amount and selling price a...percentage of the buyer's gross monthly income. select two decimal places. Values You Supply: § annual interest rate § number of years in mortgage § buyer's gross monthly income § percent limit (of gross monthly income) § percent taxes and Insurance (of total monthly payment) ...