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Monroe Ultimate - Page 85

Monroe Ultimate
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85
,?(473,
*647<;,-<;<9,=(3<,
7YLZLU[=HS\L0U[LYLZ[9H[LJVTWV\UKLKTVU[OS``LHYTVU[O;LYT
7YLZZ**,7=WYPVY[VZVS]PUN[OPZL_HTWSL
,?(473,
*647<;,-<;<9,=(3<,
Deposit$50amonth(attheendofeachmonth)intoanewaccountthatpays6.25%annualinterest,
JVTWV\UKLKTVU[OS`/V^T\JO^PSS[OLHJJV\U[IL^VY[OHM[LY`LHYZ&7YLZZ**,7=WYPVY[V
solving this example.
100000
6
120
50
6.25
24
100,000.00 T
6.00 %
120.00M
181,939.67K
50.00M#
6.25 %
24.00M
1,274.70K
ENTER DEPRESS PRINT
ENTER DEPRESS PRINT
7=(TV\U[-PUHUJLK
Interest Rate
Term - Months
-=-\[\YL=HS\L
Monthly Savings
Interest Rate
Term Months
-=-\[\YL=HS\L
IV
1,274.7
0
RV
50.00 P
RV
Monro-Manual-1-50 1/26/10 6:07 PM Page 85

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