HP 20b Consultant Financial, 30b Professional manual

A

Nb Per

Start

Balance

DWN

Principal

Interest

Figure 2 The Menu Map for the Amortization Menu

Table 3-3 Amortization Menu Items

Menu Item/KeyDescription

A	Opens the Amortization menu (Amort).
Nb Period	Number of periods to group together in the amortization calculation. The
	default value is the number of payments per year defined by the [key.
Start	Period on which to start amortization. Default is 1. If you want to amortize for
	the second year with 12 payments per year, enter 13 (the second year starts at
	the 13th payment with 12 payments per year).
Balance	The loan balance at the end of the assigned amortized period.
Principal	Amount of the loan payment applied to the principal at the end of the
	amortized period.
Interest	Amount of the loan payment applied to the interest at the end of the amortized
	period.

Enter the values for the TVM keys for the example below. Press Afollowed by <or

>to view the amortization schedule.

30 Time Value of Money