Using the date function – Calculated Industries 3423 User Manual
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USING THE DATE FUNCTION
Using the
:
key, you can quickly solve common real estate date
problems: escrow or closing dates, listing expiration dates, and the
number of days prepaid interest, etc. You enter a date as follows:
Numerical Month
:
, Numerical Day
:
, and Numerical Year
(MM
:
DD
:
YY).
The date function lets you: 1) add a number of days to a date to find
a second date (in the future), 2) subtract a number of days from a
date to find a second date (in the past), and, 3) subtract one date
from another date to find the number of days in between.
For example, if a 45-day escrow begins September 19, 2007, what
is the closing date and day?
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter month
9 :
9.-
Enter day
1 9 :
9-19-
Enter year
0 7
9-19-07
Add 45 days
+ 4 5 =
SAT 11-03-07
Find the number of days to calculate prepaid interest due at closing,
if the escrow closing date is 11/14/07 and the first payment is due
12/1/07.
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter 1st payment date
1 2 : 1 : 0 7
12-1-07
Subtract closing date to
find number of days
– 1 1 : 1 4 : 0 7 =
17.00