Calculated Industries 3442 User Manual page 76

(Cont'd)
STEPS
4. Calculate P-A-P Savings & ROI for the First 3 Years*:
Display range for savings and
ROI calculations
Find 3-year savings
Re-display ROI%
Find 3-year ROI
5. Amortize the P-A-P for the First 3 Years Only:
Display amortization range for
first three years
Display total prin./interest ∏
Display total interest
Display balance at end
of three years
6. Find the P-A-P Payments for Years 1-3:
Find 1st year payment
Find 2nd year payment
Find 3rd year payment
7. Calculate P-A-P Savings & ROI for the First 5 Years and
Amortize the P-A-P for years 1-8*:
Display range for savings &
ROI calculations
Find 5-year savings
Re-display ROI%
Find 5-year ROI
Display amortization range for entered
eight year range
Display total prin./interest ∏
Display total interest
Display balance at end
of eight years
*Your calculator finds P-A-P Savings & ROI for the first five years only. To find the
P-A-P Savings and ROI for the first three years, enter 3 ∏ or 3 e , which will
calculate the P-A-P or EB P-A-P loans for years 1-3. However, amortization may be
calculated for any term. For example, 8 ∏ or 8 e will still calculate the P-A-P
Savings & ROI for years 1-5 only, but will amortize the loan for years 1-8.
If you need to find the ROI for a value greater than 5 years (e.g., 8 years), simply use
the Future Value function. Enter the 5-year value into l , remaining term (3 years)
into T , and the ROI% into ˆ . Then, solve for Future Value (ROI for 8 years) by
pressing s l .
KEYSTROKES
3 ∏
∏
∏
∏
∏
∏
∏
∏
∏
∏
8 ∏
∏
∏
∏
∏
∏
∏
DISPLAY
23,369.28
"run" 6.50
25,882.55
48,483.39
43,082.95
294,599.56
1,256.74
1,344.71
1,438.84
33,028.48
"run" 6.50
39,795.55
146,792.63
113,635.68
266,843.05
U ' G — 71
SER S UIDE
1-3
1-3
1-5
1-8