Calculated Industries 3423 - Manual (Page 3)

KEY DEFINITIONS ...................................1
Canadian/U.S. Interest Modes ..............5
Preference Mode...................................6
EXAMPLES...............................................6
Basic Math ............................................6
Percentage Calculations .......................6
Memory Functions.................................7
Delta % - Rate of Appreciation..............7
Setting Decimal Places .........................8
Using the Meters and Feet
Conversion Function .........................8
Date Function......................................10
EXAMPLES — CANADIAN MODE ........11
Mortgages and Real Estate
Mortgages........................................11
Monthly Mortgage Payment ................12
Term of a Mortgage.............................12
Mortgage Amount................................13
Interest Rate........................................13
Effective Interest Rate.........................14
Non-Monthly Mortgages and
Payments Per Year (Pmt/Yr)...........14
Total (PITH) Payment..........................15
Quarterly Payment ..............................16
Mortgage Amount Based on Sales
Price and % Down Payment ...........16
Sales Price Based on Mortgage
Amount and % Down Payment .......17
Finding Loan-to-Value (LTV) ...............17
Canadian Mortgage Insurance............18
Future Value (Appreciation) ................18
Amortization (Total Principal/Total
Interest, Remaining Balance)..........19
Bi-Weekly Mortgages ..........................20
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