Calculated Industries 3126 - Manual (Page 15)

Mortgages & Real Estate Loans
1. The financial functions; L/A, Pmt, Int,
and Term, work like you would say
them. For example, to find the pay-
ment on a $100,000 loan for 25 years
at 10% interest, enter the three known
variables and press the key for the
unknown fourth variable: Payment.
2. Financial values may be entered in any
order.
3. Values for Term and Interest are per-
manently stored in memory.
4. Always press [On/C] twice after com-
pleting a financial problem to ensure
the financial registers are cleared.
5. When solving for a financial compo-
nent, the word “run” displays.
6. Once an answer is calculated, for
example, a payment, you can change
any variable and recompute for a new
answer without having to re-enter the
other data.
Note: Press [Set] [9] to toggle between
Canadian Mortgage and Simple Interest
modes. The following examples assume
you are in Canadian Mortgage Interest
mode.
User’s Guide — 15