Mortgage loans/time-value-of-money (tvm), Examples – Calculated Industries 3442 User Manual
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Additional Memory Storage Keys (M10-M19)
In addition to M0-M5 (as described previously), your calculator has
ten additional independent Storage Registers — (M10) through
(M19) — that can also be used to permanently store single, non-
cumulative values. To access these storage registers, use the follow-
ing keystrokes:
s ® •
(#), with (#) being digits
0
–
9
.
Examples:
Store 250 into M10 and recall the value:
KEYSTROKES
DISPLAY
2 5 0 s ® • 0
M-10 250.00
O o
0.00
® • 0
M-10 250.00
Store 350 into M11 and recall the value:
KEYSTROKES
DISPLAY
3 5 0 s ® • 1
M-11 350.00
O o
0.00
® • 1
M-11 350.00
Note: Repeat the above procedure for registers M12-M19, using digits
2
–
9
.
MORTGAGE LOANS/TIME-VALUE-OF-MONEY (TVM)
1.
The basic loan keys —
l
,
p
,
T
and
ˆ
— work just like
you would say them. For example, if you wanted to borrow
$100,000 for 30 years at 10% interest, just enter those three
known variables and press the key for the unknown fourth
variable:
p
.
2.
When calculating future value problems, enter the present value
into the
l
key.
3.
Financial values may be entered in any order you want.
4.
Entered values for Term and Interest are permanently stored in
memory.
5.
The calculator’s default setting is 12 payments per year, for
monthly loans.
(Cont’d)
EXAMPLES