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What should you pay for this trust deed
if you desire an 18% yield on your
investment?
Steps/Keystrokes
1. Enter your desired yield:
18 [Int]
2. Find purchase price:
[L/A]
APR & Total Finance Charges
Solving for APR/TFC is done in two
steps: 1) you set up the loan just like any
other problem (that is, enter three known
variables and solve for the fourth) and 2)
combine points and fees and press
[Int]
to solve APR. Press
time to display the total finance charges.
Press a third time to display total finance
charges plus principal.
non-real estate loans (such as auto and boat
loans), should not be solved using the follow-
ing keystrokes, as methods for solving differ.
APR solutions are interest calculations,
therefore they may take several seconds to
calculate.
36 — Qualifier Plus
"run"
IIcx
®
CdA 18.00
5,663.44
[Int]
a second
Note: APR for
Display
[Set]
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