Qualifying examples – Calculated Industries 3416 User Guide User Manual

Page 58

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U

SER

S

G

UIDE

— 53

QUALIFYING EXAMPLES

Most of the examples in this section will be based on the default In-
come and Debt Ratios of 28% and 36%, respectively, which are
stored in the

q

key.

Recalling Income/Debt Qualifying Ratios

Recall stored 28%-36% and 29%-41%ratios:

STEPS

KEYSTROKES

DISPLAY

Clear calculator

o o

0.00

Recall qualifying ratios 1

® q

28.00-36.00

Recall qualifying ratios 2

® Q

31.00-43.00

Storing New Income/Debt Qualifying Ratios

Enter and permanently store new qualifying ratios of 30% for Income
and 38% for Debt in

q

:

STEPS

KEYSTROKES

DISPLAY

Clear calculator

o o

0.00

Set qualifying ratios

3 0 : 3 8 q

30.00-38.00

Return ratios to 28:36*

2 8 : 3 6 q

28.00-36.00

*Note: Your ratios will be permanently stored, and will remain even after your calcula-
tor is turned off. However, if you have changed the Qualifying Ratios from the default
of 28:36 (Qual 1) or 31:43 (Qual 2), you can re-enter these ratios at any time.

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