Casio Financial Consultant FC-200V Manuel - Page 12

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Casio Financial Consultant FC-200V Manuel
Doing Amortization with AMRT
9
SOLVE
Output: PMT = 252.9130458
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. █
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