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

 

 

 

 

0.50

6 r i

 

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

 

 

 

 

per month.

 

 

 

 

400.000.00

400000

PV

 

Displays the loan amount or present value.

 

 

 

 

 

 

 

 

-2,398.20

 

PMT

 

 

 

 

Displays the monthly payment

 

 

 

 

Determining Future Value: Solving for FV

¾Touch b CLEARFIN to reset financial registers

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

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

¾Enter values for PV and PMT

¾Touch r BEG or r END to select payment function

¾Touch FV to calculate the future value

Example

ENTRIES (RPN)

 

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.

 

 

 

 

 

 

 

 

 

400.000.00

400000

PV

 

 

 

Displays the loan amount or present value.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-2,397.20

2397.202

 

CHS

 

PMT

 

Displays the monthly payment. Notice the amount

 

 

 

 

 

 

 

 

 

is reduced by $1 from previous examples.

 

 

 

 

 

 

 

 

 

-1,004.62

 

FV

 

Displays the amount still owed at the end of the

 

 

loan period. In this example, the payments over 30

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

years did not pay off the entire loan.

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Victor Technology V12 manual Determining Future Value Solving for FV, Entries RPN Display FIN

V12 specifications

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