Calculated Industries 3405 - Appreciation;Future Value

POCKET REFERENCE GUIDE — 32
Appreciation/Future Value
What will a $350,000 home be worth in 3
years, figuring an inflation or appreciation
rate of 6%?
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Set to 1 payment
per year 1 s ÷ 1.00
Enter PV 3 5 0 ) l
350,000.00
Enter term 3 T 3.00
Enter approximate
rate 6 ˆ 6.00
Find FV s l 416,855.60
Reset payments
per year 1 2 s ÷ 12.00
3405PRG-E-B 1/9/04 8:45 AM Page 32