Qualifying examples – Calculated Industries 3420 User Guide User Manual

Page 47

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46 — Q

UALIFIER

P

LUS

®

III

X

QUALIFYING EXAMPLES

Most of the examples in this section will be based on the default
GDS:TDS Income and Debt Ratios of 32% and 40%, respectively,
which are stored in the

q

key.

Recalling GDS / TDS Qualifying Ratios

Recall stored 32%-40% and 35%-42% ratios:

STEPS

KEYSTROKES

DISPLAY

Clear calculator

o o

0.00

Recall Qualifying Ratios 1

® q

32.00-40.00

Recall Qualifying Ratios 2

® Q

35.00-42.00

Storing New GDS / TDS 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 32:40*

3 2 : 4 0 q

32.00-40.00

*Note: Your ratios will be permanently stored, or will remain even after your calculator
is turned off. You must enter new ratios to restore your calculator to the default ratios
of 32:40 and 35:42.

3420UG-E-A 7/2/04 9:06 AM Page 46

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