User Manual Q&AAnswer
Nov 03, 2024 - 10:15 PM
To perform a loan payment calculation on the Victor V12 Financial Calculator, follow these steps:
1. Turn on the calculator by pressing the "ON" button.
2. Input the loan amount using the numeric keypad.
3. Press the "PV" (Present Value) button. This represents the loan amount.
4. Input the interest rate as a decimal. For example, if the interest rate is 5%, input 0.05.
5. Press the "i" (Interest Rate) button.
6. Input the loan term in years.
7. Press the "n" (Number of Periods) button.
8. Press the "PMT" (Payment) button.
9. The calculator will display the monthly loan payment.
For more detailed instructions and examples, please refer to the Victor V12 Financial Calculator Owner's Guide provided above.
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