e

1 payment

d

1...............

PM1..................

PM2 ...............

Last

Number of Payments

d : Total principal paid from payment PM1 to payment PM2 (ΣPRN)

e: Total interest paid from payment PM1 to payment PM2 (ΣINT)

ASetting Values

No.

Display

Name

Values Used

in Examples

 

 

 

1

Set*1

Payment Period (Payment)

End

2

PM1

Payment PM1

15

(Number of Payments)

 

 

 

 

 

 

 

3

PM2*2

Payment PM2

28

 

 

(Number of Payments)

 

4

n*3

Number of Compound

—

 

 

Periods (Number of Months)

 

5

I

Interest Rate (Annual)

2%

 

 

 

 

6

PV

Principal

$100,000

 

 

 

 

7

PMT

Payment Amount

–$920

 

 

 

 

8

FV*3

Ending Balance after Last

—

Payment (Future Value)

 

 

 

 

 

 

 

9

P/Y

Number of Annual Payments

12

(PMT)

 

 

 

 

 

 

 

0

C/Y*4

Number of Annual

12

Compoundings

 

 

 

 

 

 

 

E-56