Brother International CW-1000 Owners Manual - English - Page 110

Financial, CalculationsCW-1000

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Financial Calculations(CW-1000 only) Monthly Loan Payment Amounts The AMORTIZE function calculates the monthly payment of a loan. An example is shown on page 105. You will have to enter the following data: • AMOUNT the amount of the loan • INTEREST RATE the interest rate • # OF YEARS the number of year • # OF PERIODS the number of periods Press UNCT- 0 TIZE. and select AMOR- See "Choosing an Operation" on page 82. Type in the amount and press ( RETURN). 6 0 Type in the interest rate in percents and press (RETURN) [AMORTIZE] AMOUNT: $1 [AMORTIZE] INTEREST RATE: 0.00% [AMORTIZE] # OF YEARS:10 0 Type in the number of years and press [AMORTIZE] RETURN . The display shows the number 11 OF PERIODS:1xxx of periods (payments). 0 If necessary, type in the number of periods [AMORTIZE] and press (R TUN). =$xx,xxx.xx The above display show the amount of the monthly repayments. Press RETURN 0 PRINT OUT? (Y/N) 0 Type Y and press to start print- ing or type N and press (RETAN) to can- cel. Printing and Other Functions 104

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Financial
Calculations(CW-1000
only)
Monthly
Loan
Payment
Amounts
The
AMORTIZE
function
calculates
the
monthly
payment
of
a
loan.
An
example
is
shown
on
page
105.
You
will
have
to
enter
the
following
data:
•
AMOUNT
the
amount
of
the
loan
•
INTEREST
RATE
the
interest
rate
•
#
OF
YEARS
the
number
of
year
•
#
OF
PERIODS
the
number
of
periods
6
Printing
and
Other
Functions
0
0
0
0
0
0
104
Press
UNCT-
-
and
select
AMOR-
TIZE.
See
"Choosing
an
Operation"
on
page
82.
Type
in
the
amount
and
press
(
R
ETU
RN).
Type
in
the
interest
rate
in
percents
and
press
(RETURN)
Type
in
the
number
of
years
and
press
.
The
display
shows
the
number
of
periods
(payments).
If
necessary,
type
in
the
number
of
periods
and
press
(R
TUN).
RETURN
[AMORTIZE]
AMOUNT:
$1
[AMORTIZE]
INTEREST
RATE:
0.00%
[AMORTIZE]
#
OF
YEARS:
10
[AMORTIZE]
11
OF
PERIODS:1xxx
[AMORTIZE]
=$xx,xxx.xx
The
above
display
show
the
amount
of
the
monthly
repayments.
Press
RETURN
Type
Y
and
press
to
start
print-
ing
or
type
N
and
press
(RE
TAN)
to
can-
cel.
PRINT
OUT?
(Y/N)