|
| Table |
|
|
|
| Menu | Description |
| Label |
|
|
|
|
|
| Stores the number of payments to be amortized, and |
| ^ | |
|
| calculates an amortization schedule for that many |
|
| payments. Successive schedules start where the last |
|
| schedule left off. #P can be an integer from 1 through |
|
| 1,200. |
| _ | !Displays the amount of the payments applied toward |
|
| interest. |
|
|
|
| ` | !Displays the amount of the payments applied toward |
|
| principal. |
|
|
|
| a | !Displays the balance of the loan. |
|
|
|
| b | !Calculates the next amortization schedule, which |
|
| contains #P payments. The next set of payments starts |
|
| whe re the previous set left off. |
|
|
|
| c | !Displays a menu for printing an amortization table |
|
| (schedule). |
Displaying an Amortization Schedule
For amortization calculations, you need to know PV, I%YR, and PMT. If you have just finished doing these calculations with the TVM menu, then skip to step 3.
To calculate and display an amortization schedule:*
1.Press "]to display the TVM menu.
*Amortization calculations use values of PV, PMT, and INT rounded to the number of decimal places specified by the current display setting. A setting of +2 means that these calculations will be rounded to two decimal places.
78 5: Time Value of Money
File name : | Print data : 2003/7/11 |