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78 5: Time Value of Money
File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/11
Table 5-2. AMRT Menu Labels
Menu
Label
Description
^
Stores the number of payments to be amortized, and
calculates an amortization schedule for that many
payments. Successive schedules start where the last
schedule left off. #P can be an integer from 1 through
1,200.
_
!
Displays the amount of the payments applied toward
interest.
`
!
Displays the amount of the payments applied toward
principal.
a
!
Displays the balance of the loan.
b
!
Calculates the next amortization schedule, which
contains #P payments. The next set of payments starts
whe re the previous set left off.
c
!
Displays a menu for printing an amortization table
(schedule).
Displaying an Amortization Schedule
For amortization calculations, you need to know PV, I%YR, and PMT. If
you have just finished doing these calculations with the TVM menu, then
skip to step 3.
To calculate and display an amortization schedule:
*
1. Press "
]
to display the TVM menu.
*
Amortization calculations use values of PV, PMT, and INT rounded to the
number of decimal places specified by the current display setting. A setting of
+
2 means that these calculations will be rounded to two decimal places.