Esempi – Examples – Exemples – Beispiele – Ejemplos – Exemplos – Voorbeelden
17
FINANCIAL CALCULATION
NOTE:
The “FIN” symbol is displayed when F-Cal is ON.
DEC F-CAL P/NP
2 FIN PRINT
Example: Assume you are interested in a purchase worth
€
€ 100,000. The
interest rate is 6.5%. You want to finance the loan over a period of 180
months. Calculate for payment per month.
Calculation Enter Display Paper
[CE/C] 0.
Loan Amount
=100000 100000 [AMOUNT] 100’000.00
Interest=6.5% 6.5 [INTEREST] 6.50
Months=180 180 [MONTH] 180.
Payment=? [PAYMENT] 871.11
Let’s assume payment is too high. Change the payment amount to
€
€ 600
and calculate the period of months.
Calculation Enter Display Paper
Payment changed
to 600 600 [PAYMENT] 600.00
Months=? [MONTH] 432.
If I were able to afford 1,000
€
€ per month, paying 6.5% interest annually
over 180 months period, how much can I borrow?
Calculation Enter Display Paper
Payment changed
to 1000 1000 [PAYMENT] 1’000.00
Months changed 180 [MONTH] 180.
to 180
[AMOUNT] 114’796.41
NOTE:
When F-Cal Switch is ON, Memory and Mark up are not
operational.
0. C
100,000.00
∆
6.50%
180.M
∗
871.11C
600.00C
∗
432.M
1,000.00C
180.M
∗
114,796.41
∆
