Calculated Industries 3416 Pocket Reference Guide - Manual (Page 23)

P
OCKET
R
EFERENCE
G
UIDE
— 19
Appreciation
What will a $350,000 home’s value be in 3
years, figuring an inflation or appreciation
rate of 6%?
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Set to 1 payment
per year 1 s ÷ 1.00
Enter PV* 3 5 0 ) l
350,000.00
Enter term 3 T 3.00
Enter appreciation
rate 6 ˆ 6.00
Find FV** s l 416,855.60
Return to 12 payments
per year 1 2 s ÷ 12.00
* PV (Present Value) = original purchase price;
enter as
l
** FV (Future Value) = s l