28.Loan Calculation

Rounding

Print

Decimal

IC

Loan

Σ/GT

5/4

 

Print

2

GT

Problem:

Given

 

 

Find

 

 

 

 

 

 

 

1.

Loan Amount

= $ 100,000

Payment = ?

 

 

Interest

= 6.5 %

 

 

 

 

Months

= 180

 

 

 

2.

Change Payment

= $ 600

Months

= ?

 

 

Enter

 

Display

 

[CE/C]

 

 

0.

 

Swith to Loan

LOAN

LOAN MODE

 

[Payment]

LOAN

CALC. PAYMENT?

 

[OK]

LOAN

LOAN AMOUNT?

 

100 000

LOAN

 

100’000.

 

[OK]

LOAN

INTEREST RATE?

 

6.5

LOAN

 

6.5

 

[OK]

LOAN

# OF MONTHS?

 

180

LOAN

 

180.

Solve Problem 1

[OK]

LOAN

 

871.11

 

[Months]

LOAN

CALC. MONTH?

 

[OK]

LOAN

PAYMENT

871.11

 

600

LOAN

 

600.

 

[OK]

LOAN

AMOUNT

100’000.00

 

[OK]

LOAN

INTEREST

6.50

Solve Problem 2

[OK]

LOAN

 

432.

Paper

 

0.

CL

 

AMOUNT 100,000.00

 

 

INTEREST

6.50

%

 

MONTH

180.

 

 

PAYMENT

871.11

*

 

PAYMENT

600.00

 

 

AMOUNT 100,000.00

 

 

INTEREST

6.50

%

 

MONTH

432.

*

 

 

 

 

 

29.$ Currency Conversion function

Rounding

Print

Decimal

IC

Loan

Σ/GT

5/4

Print

2

GT

*Currency Rate = 0.745212

(Please refer to ‘1. PROG function’, for the way of rate setting)

Problem

Enter

 

Display

 

[CE/C]

 

0.

USD 200 = Euro ?

200

$

200.

 

[$]

149.04

 

 

EURO 149.04 = USD ?

[÷]

 

149.04

 

[$]

 

200.00

Paper

0. CL

USD 200.00

RATE 0.745212

EURO 149.04

149.04 ÷

EURO 149.04

Rate 0.745212

USD 200.00

- 29 -

Page 29
Image 29
Victor Technology PL8000 manual Loan Calculation, 29. $ Currency Conversion function, Given Find

PL8000 specifications

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