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

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-70,000.00

-70000

 

FV

Displays the future value required to pay off the

 

 

 

 

 

 

 

 

loan (the balloon payment)

 

 

 

 

 

 

 

 

-2,328.52

 

PMT

 

 

 

 

Displays the monthly payment required to reach a

 

 

 

 

 

 

 

 

$70.000 balloon payment.

Amortization Function

To Amortize is to liquidate a debt, such as a mortgage by installment payments. Amortization is the gradual elimination of a liability, such as a mortgage, in regular payments over a specified period of time. Such payments must be sufficient to cover both principal and interest. With the Amortization Function the V12 can calculate the total amount of principle (liability) and interest paid after a specified number of installments.

The following steps are required to determine the Amortization status of a loan:

Push b CLEAR FIN first to reset financial registers of previous data

Using i or r 12÷ , enter periodic interest rate

Enter the principal using PV

Enter the periodic payment, then push CHS PMT

Select r BEG or r END to set the payment function

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Victor Technology V12 manual Amortization Function

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.