Posted by Stephen DelVecchio on June 16, 1999 at 13:49:38:

Please disregard my last email

I figured it out, the amount in the deal is what you invested minus the down pmt from the seller. and the 13.3 is the interest. Thanks for all your help.

Posted by Stephen DelVecchio on June 16, 1999 at 13:49:38:

Please disregard my last email

I figured it out, the amount in the deal is what you invested minus the down pmt from the seller. and the 13.3 is the interest. Thanks for all your help.

Figuring yield - Posted by Stephen (TX)

Posted by Stephen (TX) on June 10, 1999 at 09:05:16:

Can someone tell me an easy way to calculate yield on a financial calculator?

Sure, here ya go… - Posted by David Alexander

Posted by David Alexander on June 15, 1999 at 23:26:08:

Depends on which kind of calculator you have, but here goes for mine, which is a BA 35, cheapy(20 buck special at Wally World).

Here we’ll take a Mobile deal as an example.

Bought for 6k, sold for 21k, with 1k down. That leaves

5k in the deal.

The numbers

enter 20,000 PV (present Value)

enter 13.3 2nd (yellow button, divides by 12)

enter %i (will get 1.1083 in display)

enter %i (push again to enter the number)

enter 144 N (number of months, note will run)

enter CPT (stands for compute)

enter PMT (to figure payment)

payment is 278.65

enter 5k PV (how much money left in the deal)

enter cpt (compute key again)

enter %i (interest rate)

this case you get 5.57 and some change, multiply by 12,

and you get 66.85%, a good yield, but not a typical Lonnie deal.

Good Luck

David Alexander