Calculated Industries 43285 - Manual (Page 13)

Date Function
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 fol-
lows: Numerical Month [:], Numerical Day [:], and 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 example, if a 45-day escrow begins April 28, 1998,
what is the closing date?
Steps Keystrokes Display
Clear calculator [On/C] [On/C] 0.00
Enter month 4 [:] 4-
Enter day 28 [:] 4-28-
Enter year 98 4-28-98
Add 45 days [+] 45 [=] 6-12-98
Find the number of days to calculate prepaid interest due at
closing, if the escrow closing date is 10/14/99 and the first
payment is due 11/1/99.
Steps Keystrokes Display
Clear calculator [On/C] [On/C] 0.00
Enter 1st payment date 11 [:] 1 [:] 99 11-1-99
Subtract closing date to find
number of days [-] 10 [:] 14 [:] 99 [=] 18.00
12 – Qualifier Plus ® IIx DT