Examples — u.s. mode – Calculated Industries 3420 Pocket Reference Guide User Manual
Page 32
P
OCKET
R
EFERENCE
G
UIDE
— 31
(Cont’d)
STEPS
KEYSTROKES
DISPLAY
Find Income
required
q
55,355,59
Find maximum allowable
mo. Debt
q
369.04
Find P&I
Payment
p
1,069.90
Find PITH
p p
1,476.15
IMPORTANT: Your calculator must be in
U.S. Mode by pressing
s 9
.
Monthly Loan Payment
Find the monthly payment on a 30-year
loan of $215,000 at 7.5% interest.
STEPS
KEYSTROKES
DISPLAY
Set US Mode
s 9
INT USA
Clear
o o
0.00
Enter Loan
2 1 5 ) l
215,000.00
Enter Term
3 0 T
30.00
Enter Interest
7 • 5 ˆ
7.50
Find Payment
p
1,503.31
EXAMPLES — U.S. MODE
3420PRG-E-A 7/2/04 9:07 AM Page 31
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