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| Display TVM menu. | |
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@c | | Clears history stack and | ||||||||
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| TVM variables. |
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| If needed: sets 12 payment | |||||
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e | | periods per year; End | ||||||||
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30 @ | | | Pressing @first multiplies | |||||||
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| 30 by 12, then stores this |
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| number of payments in N. |
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11.5 | | | Stores annual interest rate. | |||||||
630 & |
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Calculates loan amount.
v+12000 = | | Calculates total price of the |
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payment).
Example: A Mortgage with a Balloon Payment. You’ve taken out a
5: Time Value of Money 69
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