Calculated Industries 3416 User Manual

Also see for 3416: Pocket reference guide

Contents

Calculated Industries 3416 User Manual Manual pdf 3 page image

GETTING STARTED..........................................................................1KEY DEFINITIONS .........................................................................1Basic Operation Keys ..................................................................1Mortgage Loan (TVM) Keys.........................................................2Tax, Insurance and Expense Keys ..............................................6Tax Savings Function...................................................................7Rent vs. Buy Keys .......................................................................7Qualifying Keys ............................................................................81st and 2nd Trust Deeds (Combo Loan) Keys...........................11BASIC ARITHMETIC EXAMPLES ...............................................13Arithmetic ...................................................................................13Percentage Calculations ............................................................13Figuring Straight % Commission ...............................................13Reduction in Listing Price (Discount %) ....................................14Simple, One-Year Home Appreciation (Add-on %)....................14Date Examples...........................................................................15CALCULATOR SETTINGS...........................................................16Decimal Place Selection ............................................................16Preference Settings ...................................................................17MEMORY ......................................................................................19Accumulative Memory................................................................19Memory Storage Keys (M0-M6).................................................20Additional Memory Storage Keys ..............................................21EXAMPLES......................................................................................22MORTGAGE LOANS/TIME-VALUE-OF-MONEY (TVM) .............22Finding the Monthly Mortgage (P&I) Payment...........................23Interest-Only Payment (Calculation) ..........................................23Interest-Only Payment (Entry) ...................................................23Finding the Interest Rate ...........................................................24Finding the Term of a Loan ........................................................24Finding the Loan Amount...........................................................24Paying Off a Mortgage Early (Making Larger Payments) ..........25Simple Interest vs. Compound Interest......................................25Future Value...............................................................................26Appreciation ...............................................................................26Non-Monthly Loans....................................................................27Finding a Quarterly Payment .....................................................27Sales Price/Down Payment .......................................................28TABLE OF CONTENTS