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Time Value of Money32
To reset the menu items to their default values, with any item of the Amortization menu
displayed press :x. With TVM displayed, press I. At the TVM Reset prompt,
press
I to reset, or O to cancel.
<
Displays the amount of interest paid on the loan
for the first year. The amount of your payments
applied towards interest for the first year is about
14,000.00.
<
Displays the first payment in the next period to
amortize (the second year). Note that the
calculator automatically updates Start to the next
group of periods to amortize.
Table 3-4 Amortization Example
Keys Display Description