Calculated Industries Qualifier Plus IIcx User Manual page 31

Principal/Interest – Range of
Payments/Years
For a $125,000 loan at 10.25% interest for
25 years, how much interest and princi-
pal will you pay in payments 1–9 and
years 1–10.
Steps/Keystrokes
1. Clear calculator:
[Off] [On/C]
2. Enter loan amount:
125,000 [L/A]
3. Enter interest, term and find monthly
payment:
10.25 [Int]
25 [Term]
[Pmt]
4. Enter payment periods 1–9:
1 [:] 9 [Per] [Amort]
5. Find interest and principal:
[Amort]
[Amort]
6. Enter years 1–10:
1 [:] 10 [Amort]
7. Find interest and principal:
[Amort]
[Amort]
"run"
"run"
"run"
User's Guide — 31
Display
CdA 0.00
125,000.00
CdA 10.25
25.00
1,139.20
1-9
9,381.63
871.19
1-120
117,488.26
19,216.08