Calculation of the benefit in the System Price

Hello!
Now we teach the system how to calculate price. This calculation is used primarily for you who will buy a car financed and would like to know the value of benefits.l benefits.

Example: Suppose a person will buy a car $ 35,000 .00 in 48 equal instalments, with an interest rate of 1.5% per month. What is the value of the monthly installment?

Data provided in the problem:

-financed amount: $35,000(PV)
-the number of benefits: 48 (n)
-interest rate: 1.5 (i)

Calculating

-Bid values : 35,000 PV 1.5 n 48 i;
-PMT press to get the value of the benefit;

     Note: The value is negative because the PMT always has the opposite sign of PV.

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