Examples – Calculated Industries 3430 Pocket Reference Guide User Manual
Page 11
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P
OCKET
R
EFERENCE
G
UIDE
— 7
Date Example
If a 45-day escrow begins June 15 2004,
what is the closing date and day?
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
Enter month
6 :
6-
Enter day
1 5 :
6-15-
Enter year
0 4
6-15-04
Add 45 days
+ 4 5 = FRI 07-30-04
Monthly Mortgage (P&I) Payment
Find the monthly (P&I) payment on a 30-
year, fixed-rate loan of $265,000 at 6.75%
annual interest:
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
Enter loan
2 6 5 ) l
265,000.00
Enter term
3 0 T
30.00
Enter interest
6 • 7 5 ˆ
6.75
Find P&I
payment
p
1,718.78
EXAMPLES
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