Calculated Industries 3125 User Manual

Page 28

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year, press

10 [Set] [Amort]

; to

find the remaining balance after the
10th period, press

10 [Per] [Set]

[Amort]

).

3. Entered ranges are inclusive: That is, a

range of 1 to 5 includes year 1 and 5.

4. Entering a numerical value or per-

forming a math operation on the
keyboard alters the values (includ-
ing the default settings) when calcu-
lating range of payments. Always
specify a range of payments or an
individual payment first.

5. In some cases, a final, regular P&I

payment is included in the “balloon
payment.” Neither calculator includes
this. While calculating the remaining
balance; only the remaining princi-
pal balance is calculated.

6. If the first loan payment begins in a

month other than January, reset the
Month Offset value to calculate the
correct number of periods in the
amortization range. To change this
setting, press the month number,
then

[Set] [:]

. For example, if the

first payment begins in April, press

4 [Set] [:]

. If requesting amortiza-

tion values for year 1, press 1
[Amort] to display the amortization
of periods 1–9. Year 2, 2 [Amort],
displays values for periods 10–21. To
return the Month Offset to 1, press

28 — Real Estate Master

®

IIx/Qualifier Plus

®

IIx

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