Examples - U.s. Mode; Monthly Loan Payment - Calculated Industries 3420 Pocket Reference Manual

Professional residential real estate finance calculator with built-in canadian interest mode
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(Cont'd)
STEPS
Find Income
required
Find maximum allowable
mo. Debt
Find P&I
Payment
Find PITH
EXAMPLES — U.S. MODE
IMPORTANT: Your calculator must be in
U.S. Mode by pressing s 9 .

Monthly Loan Payment

Find the monthly payment on a 30-year
loan of $215,000 at 7.5% interest.
STEPS
Set US Mode s 9
Clear
Enter Loan
Enter Term
Enter Interest 7 • 5 ˆ
Find Payment p
P
KEYSTROKES
q
q
p
p p
KEYSTROKES
o o
2 1 5 ) l
3 0 T
R
OCKET
EFERENCE
55,355,59
INT USA
215,000.00
G
— 31
UIDE
DISPLAY
369.04
1,069.90
1,476.15
DISPLAY
0.00
30.00
7.50
1,503.31

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Canadian qualifier plus iiix 3420

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