Payment Calculation - Monroe 3180 User Manual

ENTER
15
12
60
5000
0
The $118.95 monthly payment is displayed with a minus sign to indicate computing a payment for a
Present Value.
PRESS RESULTS DISPLAYED
COUPON Coupon Rate 15.000^%
COUPONS Coupons/Year 12.
PER YEAR
N Number of Periods 60.
PRESENT Present Value 5,000.00
VALUE
FUTURE Future Value 0.00
VALUE
PAYMENT Payment Amount –118.95
MONROE TRADER II
35