Victor Technology PL8000 Calculator User Manual


 
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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 Paper
[CE/C]
0.
0. CL
Swith to Loan
LOAN
LOAN MODE
[Payment]
LOAN
CALC. PAYMENT?
AMOUNT
100,000.00
[OK]
LOAN
LOAN AMOUNT? INTEREST
6.50
%
100 000
LOAN
100’000.
MONTH
180.
[OK]
LOAN
INTEREST RATE? PAYMENT
871.11
*
6.5
LOAN
6.5
[OK]
LOAN
# OF MONTHS? PAYMENT
600.00
180
LOAN
180.
AMOUNT
100,000.00
Solve Problem 1 [OK]
LOAN
871.11
INTEREST
6.50
%
[Months]
LOAN
CALC. MONTH? MONTH
432.
*
[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.
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 Paper
[CE/C]
0.
0. CL
USD 200 = Euro ? 200
200.
[$]
$
149.04
USD 200.00
EURO 149.04 = USD ? [÷]
149.04 RATE
0.745212
[$]
200.00 EURO
149.04
149.04 ÷
EURO
149.04
Rate
0.745212
USD
200.00