Monroe Ultimate User Manual page 85

Monro-Manual-1-50
ENTER
100000
6
120
Deposit $50 a month (at the end of each month) into a new account that pays 6.25% annual interest,
solving this example.
ENTER
50
6.25
24
1/26/10 6:07 PM Page 85
DEPRESS
DEPRESS
PRINT
100,000.00 T
IV
6.00 % Interest Rate
120.00M Term - Months
181,939.67K RV
PRINT
50.00M# 50.00 P Monthly Savings
6.25 % Interest Rate
24.00M Term Months
1,274.70K
1,274.70 RV
85