Victor Technology V12 manual Entries Display FIN, Determining Payment Amount Solving for PMT

Page 17

V I C T O R T E C H N O L O G Y

Note: If the amount owed at the end of the loan period will be zero, this step can be skipped.

¾Touch the PV key to calculate the present value.

Example

ENTRIES

 

 

DISPLAY

 

 

 

 

 

 

 

 

 

0.00

 

b

 

 

FIN

 

 

 

 

 

 

 

 

Clears the financial registers.

 

 

 

 

 

 

 

 

 

 

360 n

 

 

360.00

 

 

 

Displays 360 months for a 30 year loan.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.50

6

r i

 

 

Displays the interest rate of 6% per year or 0.5%

 

 

 

 

 

 

 

 

 

per month.

 

 

 

 

 

 

 

 

 

-2,398.20

2398.202

CHS

 

 

PMT

 

 

Displays the monthly payment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

------------

 

 

 

 

 

 

 

 

 

The V12 is calculating the value.

 

 

PV

 

 

400,000.00

 

 

 

 

 

 

 

 

 

Displays the loan amount or present value. Actual

 

 

 

 

 

 

 

 

 

amount may vary slightly due to rounding

Determining Payment Amount: Solving for PMT

¾Touch b CLEARFIN to reset financial registers

¾ Use n or r 12x to enter number of periods or payments

¾Use i or r 12÷ to enter periodic interest rate

¾Enter values for PV and FV

¾Touch r BEG or r END to select payment function

¾Touch PMT to calculate the amount of the payment

Example

ENTRIES

DISPLAY

 

 

 

0.00

b

FIN

 

 

Clears the financial registers.

 

 

 

360 n

360.00

Displays 360 months for a 30 year loan.

 

 

 

17

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Contents Owners Guide V12 Financial Calculator Preface Where to Start Other Financial Calculations Branch & Loop Programs Where to Start Entries Display Entering Large AmountsEEX Entering Small AmountsSequential Calculations in ALG method Using the Clear FunctionALG and RPN Setting Functions Storage Capacity and Recalling Entered Data RPN methodSequential Calculations in RPN method C T O R T E C H N O L O G Y Resetting Saved Data Using the Financial Storage RegistersFirst Steps to Financial Functions Saving to a RegisterEntries ALG Display CHSINT Entries RPN Display Term Definition KEY Basic Financial CalculationsPMT Positive and Negative Cash FlowsDetermining Interest Rate Solving for Special relationship between i and nDetermining Present Value Solving for PV Determining Payment Amount Solving for PMT Entries Display FINDetermining Future Value Solving for FV Loan With Balloon Payment Determining Number of Periods Solving for nAmortization Function Amort NPV Net Present Value Other Financial CalculationsRCL Grouped Cash Flows Entries Display REGCHS CF0 Entries RPN Display REG NPV Replacing Current Cash Flow Value DataSTO Determining Values with Depreciation Entries RPN Display RCL500.00 Determining Bond Values YTM PriceENTER/= PercentagesALG method, calculate 35% of $1,200 Calendar Operations Determining Number of Days Between Dates Date∆DYS Status Icons Other Operational FeaturesDecimal Place Display Settings Scientific Notation Display Settings Full Figure Display Other Display Settings Error DisplayPrefix Underflow and Overflow DisplayLST Running Display↔ y Statistical Features and FunctionsRecovering Incorrectly Entered Statistical Data Mean Values Child Height Inches Weight lbs = = y-values ValuesStandard Deviation Entries Linear Estimates for x and y Weighted Mean Values Entries Display Mathematical Features and FunctionsInteger Values FracIntg Rounded ValuesExponential Values RNDFactorial Values Squared Values Logarithm ValuesSquare Root Values Reciprocal Values Entries ALG Display Enter Power Features in ALG methodPower Features in RPN method Creating Your Own Program Basics of ProgrammingSets the calculator to program function Prgm Executing Your Own Program Determining Program Line Instructions Program Memory BasicsExamples Performing a Program One Line at a Time Program line 000 and the GTO 000 instruction000 Sets calculator to program mode 001 SST Interrupting a Program During Execution Setting the Calculator to a Specific Program LinePause 006 Stopping a Program During Execution Entries RPN Display Branching with Conditions Branch & Loop ProgramsExample GTO Storing More Than One Program Editing Your Programs Inserting Instructions Into a Program 002 003 004 005 006 007 008 009,43,33,000 Inserting Instructions at the End of a Program C T O R T E C H N O L O G Y Error Cause Error MessagesVictor Technology LLC

V12 specifications

The Victor Technology V12 is a sophisticated and versatile electronic calculator designed for both personal and professional use. With its user-friendly interface and advanced functionality, it has become a popular choice among students, educators, and business professionals alike.

One of the standout features of the V12 is its large, backlit display, which provides clear visibility in various lighting conditions. This makes it easier for users to read numbers and calculations without straining their eyes. The calculator’s ergonomic design ensures comfortable handling, while its robust construction promises durability and longevity.

The V12 supports a wide range of mathematical operations, including basic arithmetic functions, advanced calculations like square roots and percentages, and trigonometric functions. This versatility makes it suitable for both everyday calculations and more complex mathematical tasks, catering to a diverse audience.

Incorporating cutting-edge technology, the Victor Technology V12 boasts a solar-powered option, which enhances its sustainability and reduces the need for battery replacements. For situations where solar power is insufficient, it also features a backup battery, ensuring uninterrupted usage in all environments.

Another key characteristic of the V12 is its programmable memory function. Users can store frequently used calculations or data, facilitating quicker access and minimizing repetitive input. This feature proves particularly useful for professionals who deal with extensive numerical data and require efficiency in their calculations.

The V12 also includes a spell-check dictionary and error-checking capabilities, making it easier to avoid mistakes during calculations. With its responsive keys and tactile feedback, users can input data swiftly and accurately, further boosting productivity.

In summary, the Victor Technology V12 stands out due to its combination of advanced functionality, ease of use, and reliable performance. With features tailored for a wide range of users, it successfully meets the demands of both casual calculators and those who require more sophisticated computational capabilities. Its thoughtful design, reliability, and innovative technology make it a valuable tool in today's fast-paced world of mathematics and finance. Whether in a classroom, an office, or at home, the V12 proves to be an essential companion for tackling everyday numerical challenges.
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