Calculated Industries 3265 User Manual
Monthly Payment
Find the monthly payment on a 30-year
loan of $220,000 at 7.5% annual interest
rate.
Keystroke
Display
[On/C] [On/C] 0.00
220000 [Loan Amt] 220,000.00
7.5 [Int] 7.50
30 [Term] 30.00
[Pmt] 1,538.27
Term
How long does it take to pay off a loan of
$275,000 at 6.5% interest if you make payments of $1,700 each month?
Keystroke
Display
[On/C] [On/C] 0.00
275000 [Loan Amt] 275,000.00
6.5 [Int] 6.50
1700 [Pmt] 1,700.00
[Term] 32.23
What is the periodic term, or # of months?
Keystroke Display
[Term] 386.76
Interest Rate
Find the interest rate on a mortgage where
the loan amount is $155,000, term is 30
years and the monthly payment is $1,100.
Keystroke
Display
[On/C] [On/C] 0.00
155000 [Loan Amt] 155,000.00
30 [Term] 30.00
1100 [Pmt] 1,100.00
[Int] 7.65
What is the periodic interest?
Keystroke
Display
[Int] 0.64
LOAN PROBLEMS
Loan Amount
How much can you borrow if the interest
rate is 7.75% on a 30-year mortgage and
you can afford to pay $1,200 each month?
Keystroke
Display
[On/C] [On/C] 0.00
7.75 [Int] 7.75
30 [Term] 30.00
1200 [Pmt] 1,200.00
[Loan Amt] 167,501.32
Quarterly Payment
Find the quarterly payment on a 10-year
loan of $15,000 at 10% annual interest
rate.
Keystroke
Display
[On/C] [On/C] 0.00
4 [Set] [÷] 4.00
10 [Term] 10.00
15000 [Loan Amt] 15,000.00
10 [Int] 10.00
[Pmt] 597.54
12 [Set] [÷]
(return to 12 pmts/yr)
12.00
Delta %—Rate of Appreciation
A home originally purchased for $150,000
sold a year later for $185,000. What is the
rate of appreciation?
Keystroke
Display
150000 [Set] [%] 150,000.00
185000 [=] 23.33
Total Interest & Principal Paid—
Amortization
How much interest & principal and total will
you pay on a 30-year, $180,000 loan at
7% interest?
Keystroke
Display
[On/C] [On/C] 0.00
180000 [Loan Amt] 180,000.00
7 [Int] 7.00
30 [Term] 30.00
[Pmt] 1,197.54
[Set] [Pmt]
(range of pmts.)
1-360
[Pmt]
(total interest)
251,116.02
[Pmt]
(total principal)
180,000.00
[Pmt]
(total payments)
431,116.02
Total Interest, Principal & Rem.
Balance—for Range of Payments
How much total interest & principal will you
pay in payments 1-36 on a 30-year,
$100,000 loan at 7% interest? What is the
remaining balance after payments 1-36?
Keystroke
Display
[On/C] [On/C] 0.00
100000 [Loan Amt] 100,000.00
7 [Int] 7.00
30 [Term] 30.00
[Pmt] 665.30
36 [Set] [Pmt]
(range of pmts.)
1-36
[Pmt]
(total interest)
20,677.85
[Pmt]
(total principal)
3,273.04
[Pmt]
(total payments)
23,950.89
[Pmt]
(rem. balance)
96,726.96*
*
Note: Also displayed via 36
[Set] [Loan Amt].
Trust Deed/Purchase Price of a
Note—Fully Amortized
You’d like to buy a mortgage with 15 years
remaining, $100 per month in incoming
payments and you desire a 25% return.
What will you pay for the mortgage? What
if you desire a 20% yield?
Keystroke
Display
[On/C] [On/C] 0.00
25 [Int] 25.00
15 [Term] 15.00
100 [Pmt] 100.00
[Loan Amt]
(price)
4,682.68
20 [Int] 20.00
[Loan Amt]
(new price)
5,693.80
Future Value
What will a $200,000 house be worth after
3 years, if you figure an inflation or appreciation rate of 8.5%?
Note: Set periods to one per year.
Keystroke Display
[On/C] [On/C] 0.00
1 [Set] [÷] 1.00
200000 [Loan Amt] 200,000.00
3 [Term] 3.00
8.5 [Int] 8.50
[FV] 255,457.83
12 [Set] [÷]
(return to 12 pmts/yr)
12.00
USER’S GUIDE
Software copyrighted and licensed to
Calculated Industries, by Real Estate Master
Technologies, LLC, 2003.
User’s Guide copyrighted by
Calculated Industries, 2003.
Real Estate Master
® and
Calculated Industries
® are
registered trademarks of Calculated Industries
ALL RIGHTS RESERVED
Designed in the U.S.A.
Calculated Industries
4840 Hytech Drive
Carson City, NV 89706 U.S.A.
Tech. Support Line: 1-775-885-4975
Fax: 1-775-885-4949
techsup@calculated.com
www.calculated.com
3265/3275UG-E-E
7/03
[On/C] — On/Clear Key
Turns power on. Pressing once clears the display. Pressing twice clears all temporary values.
[Off] — Off Key
Turns all power off, clearing all non-permanent registers.
[+] [–] [x] [÷] [=]
Arithmetic operation keys.
[%]
Four-function percent key.
[0] – [9] and [ • ]
Digits used for keying in numbers.
Mortgage/TVM (Time Value of Money)
Keys
[Loan Amt] — Loan Amount or Present Value
Enters or solves for the initial loan amount or
present value of a financial problem.
[Pmt] — Payment
Enters or solves for the periodic principal and
interest (P&I) payment.
[Term] — Term of Loan
Enters or solves for the number of years. A
second press will display the number of periods.
[Set] [Term] — Term of Loan (Periodic)
Enters or solves for the number of
periods/months. Asecond press of [Term] will
display the number of years.
[Int] — Interest
Enters or solves the annual interest rate. A
second press will display the periodic (monthly) interest rate.
[Set] [Int] — Interest (Periodic)
Enters or solves the periodic (monthly) interest rate. Asecond press of [Int] will display
the annual interest.
[FV] —Future Value
Enters or solves for the future value of a
financial problem.
Note: Interest and Term are stored permanently, until
they are changed. This means, when you turn the calculator off, the values will stay in memory.
KEY DEFINITIONS
Amortization Keys
[Set] [Loan Amt] — Remaining Balance
Displays the remaining balance of the loan,
when preceded by an individual payment (e.g.,
12 [Set] [Loan Amt] displays the remaining
balance after payment 12).
[Set] [Pmt] — Amortization
Displays the range of payments, total interest,
total principal, total payments and remaining
balance, when preceded by an individual payment. For example, enter 12 [Set] [Pmt] to dis-
play the total P&I reduction for payments 1-12.
No. of Payments
The calculator is set to monthly loans, or 12
payments per year (P/Yr). To change to other
than 12 payments per year, use the [Set] and
[÷] keys—e.g., to set a loan to 6 payments per
year, press: 6 [Set] [÷].
Note: remember to change back to 12 by either resetting
12 [Set] [÷] or performing an All-Clear/Reset [Set] [x]
.
Percentage Calculations
The percent [%] key can be used for finding a
given percent of a number or for working add-on,
discount or division % calculations. For example:
800 [x] 25 [%] [=] 200.00 or 250 [+] 10 [%] [=]
275.00
Memory
[Set] [+] — Store value in semi-permanent mem-
ory (e.g., 150 [Set] [+]).
[Set] [=] — Recall memory value (e.g., if 150
has been stored in Memory, pressing [Set]
[=] will display 150).
[Set] [On/C] — Clears memory value.
[Off] — Clears memory value.
(Note: semi-permanent means the value is not cleared
by pressing [On/C] twice. Value is only cleared by
pressing the [OFF] key.)
LCD Display Test Sequence
Adisplay of “1-1” indicates the LCD Display Test
Sequence has been initiated. To clear, turn the unit
[OFF] and press [ON/C] twice.
Decimal Place Selection
Press [Set] and the number of decimal places
desired, up to seven (e.g., [Set] 1, [Set] 2, etc.).
Note: Decimal place selection is permanent; to
change, you must reset.
All-Clear
To clear/reset calculator to its default values,
press [Set] and [x] (A/C). CAUTION: use this
only when you wish to return the calculator to its
default values.
Reset
If your calculator should ever “lock up,” press
Reset—a small hole located above the [FV]
key/upper right—using the end of a paper clip.
Accuracy
Your calculator has a nine (9) digit display. Each
calculation is carried out internally to 12 digits.
Auto Shut-Off
8-12 min. of non-use.
Batteries
Batteries Included: Two LR-43 batteries
Battery-Life: 575 hours of actual use
Note: Use caution when disposing of batteries, as they
contain hazardous chemicals.
Warranty, Repair and Return
Information
Return Guidelines:
1. Please read the
Warranty
in this User's
Guide to determine if your Calculated
Industries calculator, measuring device or
electronic tool remains under warranty
before calling or returning any device for
evaluation or repairs.
2. If your calculator won't turn on, try press-
ing the "Reset Button" first. If it still won't
turn on, check the batteries as outlined in
the User's Guide.
3. If there is a black spot on the LCD screen,
THIS IS NOT A WARRANTY DEFECT. The
unit can be repaired. Call for a repair
quote before returning your unit.
4. If you need more assistance, please go to
our website at www.calculated.com and
click on Support, then Repair Services
FAQs.
5. If you believe you need to return your calculator, please speak to a Calculated
Industries representative for additional
information!
Call T
oll Free: 1-800-854-8075
REPAIR AND RETURN
Calculated Industries ("CI") warrants this product against defects
in materials and workmanship for a period of one (1) year from
the date of original consumer purchase in the U.S. If a defect
exists during the warranty period, CI at its option will either repair
(using new or remanufactured parts) or replace (with a new or
remanufactured calculator) the product at no charge.
THE WARRANTY WILL NOT APPLYTO THE PRODUCT IF IT
HAS BEEN DAMAGED BY MISUSE, ALTERATION, ACCIDENT,
IMPROPER HANDLING OR OPERATION, OR IF UNAUTHORIZED REPAIRS ARE ATTEMPTED OR MADE. SOME EXAMPLES OF DAMAGES NOT COVERED BY WARRANTY
INCLUDE, BUT ARE NOT LIMITED TO, BATTERY LEAKAGE,
BENDING, OR VISIBLE CRACKING OF THE LCD, WHICH ARE
PRESUMED TO BE DAMAGES RESULTING FROM MISUSE
OR ABUSE.
To obtain warranty service in the U.S., ship the product postage
paid to Calculated Industries (address listed on opposite page).
Please provide an explanation of the service requirement, your
name, address, day phone number and dated proof of purchase
(typically a sales receipt). If the product is over 90 days old,
include payment of $6.95 for return shipping and handling within
the contiguous 48 states. (Outside the contiguous 48 states,
please call CI for return shipping costs.)
A repaired or replacement product assumes the
remaining warranty of the original product or 90 days, whichever
is longer.
Non-warranty repair covers service beyond the warranty period or
service requested due to damage resulting from misuse or
abuse.
Contact Calculated Industries to obtain current product repair
information and charges. Repairs are guaranteed for 90 days.
To obtain warranty or non-warranty repair service for goods purchased outside the U.S., contact the dealer through which you initially purchased the product. If you cannot reasonably have the
product repaired in your area, you may contact CI to obtain current product repair information and charges, including freight and
duties.
CI MAKES NO WARRANTY OR REPRESENTATION, EITHER
EXPRESS OR IMPLIED, WITH RESPECT TO THE PRODUCT’S QUALITY, PERFORMANCE, MERCHANTABILITY, OR
FITNESS FOR APARTICULAR PURPOSE. AS ARESULT, THIS
PRODUCT, INCLUDING BUTNOTLIMITED TO, KEYSTROKE
PROCEDURES, MATHEMATICAL ACCURACYAND PREPROGRAMMED MATERIAL, IS SOLD "AS IS," AND YOU THE PURCHASER ASSUME THE ENTIRE RISK AS TO ITS QUALITY
AND PERFORMANCE.
IN NO EVENT WILL CI BE LIABLE FOR DIRECT, INDIRECT,
SPECIAL, INCIDENTAL, OR CONSEQUENTIALDAMAGES
RESULTING FROM ANY DEFECT IN THE PRODUCT OR ITS
DOCUMENTATION.
The warranty, disclaimer, and remedies set forth above are
exclusive and replace all others, oral or written, expressed or
implied. No CI dealer, agent, or employee is authorized to
make any modification, extension, or addition to this warranty.
Some states do not allow the exclusion or limitation of implied
warranties or liability for incidental or consequential damages,
so the above limitation or exclusion may not apply to you. This
warranty gives you specific rights, and you may also have
other rights which vary from state to state.
Disclaimer
Repair Service – Outside the U.S.A.
Non-Warranty Repair Service – U.S.A.
Warranty Repair Service – U.S.A.
WARRANTY
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