Next successive set of payments authorized
b.To calculate a subsequent schedule with a different number of payments, key in that number and press .
c.To start over from payment #1 (using the same loan information), press @cand proceed from step 7.
Example: Displaying an Amortization Schedule. To purchase your new home, you have taken out a
Then calculate the loan balance after 42 payments (3½ years).
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65000 | | | Stores loan amount. | |||||
693.72 & |
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@c | | payment periods per | ||||||
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80 5: Time Value of Money
File name :