Calculated Industries 3405-B User Manual

Page 28

Advertising
background image

P

OCKET

R

EFERENCE

G

UIDE

— 27

(Cont’d)

STEPS

KEYSTROKES

DISPLAY

Remaining

balance

a

297,709.89

Remaining term

a

29.17

Mortgage interest deduction/Year 1 (@30%

tax bracket)

a

5,605.90

Find all values for the 2nd year:

Display Year 2

a

11-22

Find total

interest

a

22,228.43

Note: Keep pressing

a

for Year 3, 4, etc. —

With “Next” feature, sequence automatically
repeats for next year.

Return Month Offset

to 1*

1 s )

1.00

Return tax bracket to

to 28%

2 8 s +

28.00

*Note: Remember to reset Month Offset to 1
and tax bracket to 28 (the calculator’s default
settings) for performing other examples within
this guide. Check these settings by pressing

® )

and

® +

.

3405PRG-E-B 1/9/04 8:45 AM Page 27

Advertising