What if you wanted a 20% yield? Leave
all of the above data the same and re-
enter the 20% interest right over the old
rate and then re-calculate the loan
amount.
Steps/Keystrokes
Display
1. Enter your new desired rate of return:
20 [Int]
20.00
2. Find purchase price:
[L/A]
“run” 5,693.80
Finding the Yield on a Discounted Note
Someone wants to sell you a note under
the following terms: 60 months remain-
ing on the term, a face amount when due
of $7,500, 10% interest-only payments of
$62.50 (incoming) and he will sell the note
for $6,500 if you buy today. What would
be the yield on your investment?
Steps/Keystrokes
Display
1. Clear calculator:
[On/C] [On/C]
0.00
2. Enter future value of note when due:
7,500 [FV]
7,500.00
3. Enter purchase price, remaining term,
payment amount, then find your yield:
6,500 [L/A]
6,500.00
5 [Term]
5.00
62.50 [Pmt]
62.50
[Int]
“run”
13.70
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36 — Real Estate Master
®
IIx/Qualifier Plus
®
IIx
