User guide

Finding a Quarterly Payment
Find the quarterly payment on a 10
year loan of $15,000 with an annual
interest rate of 12%.
Steps/Keystrokes Display
1. Clear calculator:
[On/C] [On/C] 0.00
2. Set to 4 payments per year:
4 [Set] [÷] (Pmt/Yr) 4.00
3. Enter loan amount:
15,000 [L/A] 15,000.00
4. Enter term in years
10 [Term] 10.00
5. Enter annual interest:
12 [Int] 12.00
6. Find quarterly payment:
[Pmt] “run” 648.94
7. Reset to 12 payments per year:
12 [Set] [÷] “run” 12.00
User’s Guide — 19