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| Table |
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| Menu |
| Description |
| Label |
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| Stores the number of payments to be amortized, and |
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| calculates an amortization schedule for that many |
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| payments. Successive schedules start where the last |
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| schedule left off. #P can be an integer from 1 through |
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| 1,200. |
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| Displays the amount of the payments applied toward |
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| interest. |
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| Displays the amount of the payments applied toward | |
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| principal. |
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| Displays the balance of the loan. | |
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| Calculates the next amortization schedule, which | |
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| contains #P payments. The next set of payments starts |
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| where the previous set left off. |
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| Displays a menu for printing an amortization table | |
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| (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
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