P
OCKET
R
EFERENCE
G
UIDE
— 17
Non-Monthly Mortgages and Payments
Per Year (Pmt/Yr)
Most mortgages are paid monthly. If pay-
ing a non-monthly mortgage, however, the
number of payments per year must be
changed by entering the number of pay-
ments per year, then pressing
s ÷
, as
shown in the following exercise:
Enter number of payments per year:
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
4 s ÷
(Pmt/Yr)
4.00
To recall the currently stored number of
payments, press
® ÷
:
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
® ÷
(Pmt/Yr)
4.00
IMPORTANT: Return your calculator to
12 payments per year (default):
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
1 2 s ÷
(Pmt/Yr)
12.00
3420PRG-E-A 7/2/04 9:07 AM Page 17
