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E-56
d :Total principal paid from payment PM1 to payment
PM2 (ΣPRN)
e :Total interest paid from payment PM1 to payment PM2
(ΣINT)
A Setting Values
No. Display Name
Values Used
in Examples
1 Set*
1
Payment Period (Payment) End
2 PM1
Payment PM1
15
(Number of Payments)
3 PM2
*
2
Payment PM2
28
(Number of Payments)
4
n*
3
Number of Compound
—
Periods (Number of Months)
5 I Interest Rate (Annual) 2%
6 PV Principal $100,000
7 PMT Payment Amount –$920
8 FV
*
3
Ending Balance after Last
—
Payment (Future Value)
9 P/Y
Number of Annual Payments
12
(PMT)
0 C/Y*
4
Number of Annual
12
Compoundings
1 payment
Number of Payments
1PM1
PM2
Last............... ..................
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d
e