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

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HP 20b Consultant Financial, 30b Professional manual Nb Per Start Balance, Principal Interest
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30b Professional, 20b Consultant Financial specifications

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