Calculated Industries Qualifier Plus IIIFX Betriebsanweisung PDF herunterladen (Seite 13)

P

OCKET REFERENCE GUIDE — 9

Loan Amount Based on Sales Price

and Down Payment

Find both $ down payment and loan

amount if the sales price is $375,500 and

you're planning to put 20% down:

STEPS KEYSTROKES DISPLAY

Clear o o 0.00

Enter price 3 7 5 5 0 0 P

375,500.00

Enter down% 2 0 d* 20.00

Find down$ d 75,100.00

Find loan l 300,400.00

*You do not have to label the value as a percent.

Interest Rate

Find the interest rate on a mortgage if the

loan amount is $98,500, term is 30 years

and payment is $1,150 a month:

STEPS KEYSTROKES DISPLAY

Clear o o 0.00

Enter loan 9 8 5 0 0 l

98,500.00

Enter term 3 0 T 30.00

Enter payment 1 1 5 0 p 1,150.00

Find annual

interest ˆ 13.78

Find periodic

interest ˆ 1.15

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