Calculated Industries 3126 - Manual (Page 6)

[Set] [9]
Interest Mode: Toggles the mode of interest
between a semi-annual compounding (for
Canadian Mortgages) and a compounding
equal to payment periods for simple inter-
est loans.
[Per]
Period: Specifies a mortgage component
(Term/Interest) or amortization/remain-
ing balance value as “per period” rather
than “per year.” For example,
360 [Per]
[Term] enters 360 periods.
[FV]
Future Value: Enters or solves for the
future value of a financial problem.
[Amort]
Amortization: Finds total interest, princi-
pal and remaining balance. First press
enters or shows range of periods.
Second press shows total interest for
period range. Third press shows total
principal for range, and final press gives
remaining balance at end of range.
[:]
Colon: Used to specify a range for
amortization or to separate ARM
Interest: Term and Qualifying
GDSR:TDSR ratio entries. Also used to
separate values in a date entry.
[Ins]
Property Insurance: Stores and recalls
annual property insurance as percent
6 — Qualifier Plus ® IIcx