Calculated Industries 3401 - Manual (Page 4)

Mortgage/TVM (Time Value of Money) Keys
l - Loan Amount or Present Value
Enters or solves for the initial Loan
Amount or Present Value of a financial
problem.
p - Payment
Enters or solves for the periodic principal
and interest (P&I) payment.
j - Interest-Only Payment
Enters or solves for the periodic Interest-
Only Payment. A term does not need to be
entered to solve Interest-Only Payments.
T
- Term of Loan
Enters or solves for the number of years
or periods. Multiple presses will toggle
between annual and periodic. An entered
number greater than 59 is assumed to be
periodic.
ˆ - Interest
Enters or solves the annual or periodic
Interest Rate. Multiple presses will tog-
gle between annual and periodic.
F - Future Value
Enters or solves for the Future Value of a
financial problem.
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