Calculated-industries 3416 User Guide Manual de usuario descargar pdf (Pagina 31)

26 — M

ORTGAGE

UALIFIER

LUS

Future Value

Given any four components to a problem that includes a future

value, you can calculate the fifth.

Appreciation

You purchased a home for $350,000 and want to know its value in 3

years, figuring an inflation or appreciation rate of 6%.

(Set periods to

one per year.)

STEPS KEYSTROKES DISPLAY

Clear calculator o o 0.00

Set to 1 payment/year 1 s ÷ 1.00

Enter present value* 3 5 0 ) l 350,000.00

Enter term in years 3 T 3.00

Enter appreciation rate 6 ˆ 6.00

Find future value** s l “run” 416,855.60

Return to 12 payments/year

1 2 s ÷ 12.00

* Present Value (PV) = original purchase price; enter as

** Future Value (FV) =

s l

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Calculated-industries 3416 User Guide Manual de usuario Pagina 31