Casio FC-200V - Page 12

Doing Amortization with AMRT
QED Education Scientific
9
SOLVE
 With [PMT] now selected, press to solve it.
Thus the new monthly payment is $252.91, which exceeds the original monthly
payment of $235. Clearly the re-financing exercise is not profitable. █
Output:
PMT
=
252
.
9130458