Calculated Industries 3401 - Manual (Page 13)

Trust Deed/Purchase Price of a Note -
Fully Amortized
You’d like to buy a mortgage with 15 years
remaining, $100 per month in incoming
payments and you desire a 25% return.
What will you pay for the mortgage? What if
you desire a 20% yield?
KEYSTROKE DISPLAY
o o 0.00
2 5 ˆ 25.00
1 5 T 15.00
1 0 0 p 100.00
l (price) 4,682.68
2 0 ˆ
20.00
l (new price) 5,693.80
Future Value
What will a $200,000 house be worth after
three years, if you figure an inflation or appre-
ciation rate of 8.5%?
Note: Set periods to one per year.
KEYSTROKE DISPLAY
o o 0.00
1 s ÷
1.00
2 0 0 0 0 0 l
200,000.00
3 T
3.00
8 • 5 ˆ 8.50
F 255,457.83
1 2 s ÷ (return to 12 pmts/yr) 12.00
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