7-5-3

Amortization

After configuring the parameters, use one of the function menus noted below to perform the corresponding calculation.

{BAL} … {balance of principal after installment PM2}

{INT} … {interest portion of installment PM1}

{PRN} … {principal portion of installment PM1}

{ΣINT} … {total interest paid from installment PM1 to installment PM2}

{ΣPRN} … {total principal paid from installment PM1 to installment PM2}

{CMPD} … {compound interest screen}

• An error (Ma ERROR) occurs if parameters are not configured correctly.

Use the following function menus to maneuver between calculation result screens.

{REPT} … {parameter input screen}

{CMPD} … {compound interest screen}

{GRPH} … {draws graph}

After drawing a graph, you can press !1(TRCE) to turn on trace and read calculation results along the graph.

The first press of !1(TRCE) displays INT and PRN when n = 1. Each press of e shows INT and PRN when n = 2, n = 3, and so on.

Press J to return to the parameter input screen.

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