A
Nb Per
Start
Balance
DWN
Principal
Interest
Figure 2 The Menu Map for the Amortization Menu
Table
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