Calculated Industries 3430-KIT User Manual
Page 21
20 — Q
UALIFIER
P
LUS
®
III
FX
Date Examples
Using the
:
key, you can quickly solve common real estate date
problems: escrow or closing dates, listing expiration dates, and the
number of days prepaid interest, etc. You enter a date as follows:
Numerical Month
:
, Numerical Day
:
and two-digit Numerical Year.
The date function lets you: 1) add a number of days to a date to find
a second date (in the future), 2) subtract a number of days from a
date to find a second date (in the past), and, 3) subtract one date
from another date to find the number of days in between. For exam-
ple, if a 45-day escrow begins April 26, 2007, what is the closing
date and day?
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter month
4 :
4-
Enter day
2 6 :
4-26-
Enter year
0 7
4-26-07
Add 45 days
+ 4 5 =
SUN 06-10-07
Find the number of days to calculate prepaid interest due at closing,
if the escrow closing date is 10/14/07 and the first payment is due
11/1/07.
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter 1st payment date
1 1 : 1 : 0 7
11-1-07
Subtract closing date to
find number of days
– 1 0 : 1 4 : 0 7 =
18.00