Future value – Calculated Industries 43285 User Manual

Page 29

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Future Value

Given any four components to a problem which includes a future
value, you can calculate the fifth.

Appreciation

You buy a house for $200,000 and want to know what it will
be worth in 3 years figuring an inflation or appreciation rate
of 8.5%. (Set periods to one per year.)

Steps

Keystrokes

Display

Clear calculator

[On/C] [On/C]

0.00

Set to 1 pmt/yr

1 [Set] [÷]

1.00

Enter present value

200,000 [L/A]

200,000.00

Enter term in years

3 [Term]

3.00

Enter appreciation rate

8.5 [Int]

8.50

Find future value

[FV]

“run” 255,457.83

Set back to 12 pmts/yr

12 [Set] [÷]

12.00

28 – Qualifier Plus

IIx DT