Determining Present Value: Solving For Pv; Determining Payment Amount: Solving For Pmt; Determining Future Value: Solving For Fv; V12 Manual - Victor V12 Owner's Manual

The r 12x function will multiply a number of years by 12 and
enter the result as the number of monthly periods.
Example
30 year loan which is compounded monthly
30 r 12x will enter 360 periods into the n. register.

Determining Present Value: Solving for PV

Touch b CLEAR FIN to reset financial registers
Enter the number of payment periods and touch
Enter the interest rate and touch i..
Enter the payment value per period (a negative number)
and touch PMT.
Enter the future value of the amount owed at the end of
the payment periods, touch CHS to make the number
negative, and touch FV. Note: If the amount owed at
the end of the loan period will be zero, this step can be
skipped.
Touch the PV key to calculate the present value.
Example
E N T R E I S D S I
0.00
.b FIN
Clears the financial registers.
360.00
360 n. Displays 360 months for a 30 year
loan.
0.50
6 r i. Displays the interest rate of 6% per
year or 0.5% per month.
-2,398.20
2398.202 CHS PMT
Displays the monthly payment
------------
The V12 is calculating the value.
PV
400,000.00
Displays the loan amount or present
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V12 Manual

Determining Payment Amount: Solving for PMT

Touch b
Use n or r
payments
Use i or r 12÷ to enter periodic interest rate
Enter values for PV and FV
n.
Touch r BEG or r END to select payment function
Touch PMT to calculate the amount of the payment
Example
ENTRIES
b
360
6 r
P L A Y
400000 PV
PMT

Determining Future Value: Solving for FV

Touch b
Use n or r 12x to enter number of periods or
payments
Use i or r 12÷ to enter annual interest rate
Enter values for PV and PMT
value. Actual amount may vary
slightly due to rounding
CLEAR FIN to reset financial registers
12x to enter number of periods or
DISPLAY
0.00
FIN
Clears the financial registers.
360.00
n. Displays 360 months for a 30 year
loan.
0.50
i. Displays the interest rate of 6% per
year or 0.5% per month.
400.000.00
Displays the loan amount or present
value.
-2,398.20
Displays the monthly payment
CLEAR FIN to reset financial registers
17