Monroe PRO User Manual download pdf (Page 19)

To stop the printing of the Amortization Schedule, C/CE may be pressed. Amounts already in the keyboard buffer

will continue to print, but the schedule will cease printing when the C/CE key is read.

Rather than printing an entire amortization schedule, Monroe Pro enables you to select a month or range of months

for printing an amortization schedule. After finding the payment, or any of the other three variables, a selected

amortization schedule may be printed. If you desire a schedule for month 12 for example, enter 12 and press

Amortize. If you wish to print the schedule between months 24 and 28 for example, enter 24.28 then press

Amortize. NOTE: Amortize can only print if sufficient information exists (PV, Term, Rate) to compute Payment.

Enter Press Display Print

12 12

Amortize …………..12

# 12

(etc)

24.28 24.28

Amortize ……………24

# 24

(print schedule for

months 24 through and

including 28)

Future Value

Compute Future Value – 100,000 Present Value, 6% Interest Rate (compounded monthly), 10 year (120 month)

Term. Press C/CE, PV prior to solving this example.

Enter Press Display Print

100,000 100,000

PV 100,000.00 100,000.00 IV

6 6

RATE 6.00 6.00 %

120 120

TERM 120.00 120.00 M

FV 181,939.67 181,939.67 RV

Compute Future Value – Deposit $50 a month (at the end of each month) into a new account that pays 6 ¼% annual

interest, compounded monthly. How much will the account be worth after 2 years? Press C/CE, PV prior to solving

this example.

Enter Press Display Print

50 50

PMT 50.00 50.00 P

6.25 6.25

RATE 6.25 6.25 %

24 24

TERM 24.00 24.00 M

FV 1,274.70 1,274.70 RV

Compute Future Value - $1,000 (Present Value in a Savings Account), $50 deposited each month (at the end of the

month), 6% interest rate compounded monthly. What is the value of the account after 6 months? Press C/CE, PV

prior to solving this example.

Enter Press Display Print

1000 1,000

PV 1,000.00 1,000.00 IV

50 50

PMT 50.00 50.00 P

6 6

TERM 6.00 6.00 M

6 6

RATE 6.00 6.00%

FV 1,334.15 1,334.15 RV

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Monroe PRO User Manual Page 19

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