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Calculated Industries 3420 Pocket Reference Guide User Manual

Page 22

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P

OCKET

R

EFERENCE

G

UIDE

— 21

Future Value (Appreciation)

What will a $250,000 home be worth in
three years, figuring 6% appreciation?

STEPS

KEYSTROKES

DISPLAY

Clear

o o

0.00

Set 1 Payment

per year

1 s ÷

1.00

Enter PV

2 5 0 ) l

250,000.00

Enter Term

3 T

3.00

Enter Appreciation

Rate

6 ˆ

6.00

Find FV

s l

298,513.07

Return to 12 Payments

per year

1 2 s ÷

12.00

3420PRG-E-A 7/2/04 9:07 AM Page 21