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Time Value of Money30
Figure 2 The Menu Map for the Amortization Menu
Enter the values for the TVM keys for the example below. Press A followed by < or
> to view the amortization schedule.
Table 3-3 Amortization Menu Items
Menu Item/Key Description
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 13
th
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.
A
Nb Per
Start
Balance
DWN
Principal
Interest