Calculated Industries 3420 Pocket Reference Guide - Manual (Page 18)

P OCKET R EFERENCE G UIDE — 17
Non-Monthly Mortgages and Payments
Per Year (Pmt/Yr)
Most mortgages are paid monthly. If pay-
ing a non-monthly mortgage, however, the
number of payments per year must be
changed by entering the number of pay-
ments per year, then pressing
s ÷ , as
shown in the following exercise:
Enter number of payments per year:
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
4 s ÷ (Pmt/Yr) 4.00
To recall the currently stored number of
payments, press
® ÷ :
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
® ÷ (Pmt/Yr) 4.00
IMPORTANT: Return your calculator to
12 payments per year (default):
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
1 2 s ÷ (Pmt/Yr)
12.00
3420PRG-E-A 7/2/04 9:07 AM Page 17