Programming instructions

Time Value of Money
45
Table 4-4 TVM Example
Keys Display Description
360
N
Inputs 360 as the current value for the
number of payments over 30 years.
6.5
Y
Inputs 6.5 as the current value for the
interest rate percentage per year.
1400
00V
Inputs the present value of the loan at
the time of the first payment. This
value is positive (+); it is money you
receive.
0F
Inputs the future value of the loan (or
remaining balance) as 0 .
M
Returns the monthly payment. This
result is negative (-); it is money you
pay out.
Amortization
Refer to Figure 4-2 for a menu map of the Amortization menu. Table 4-5 lists the
keys and variables of the Amortization menu. To open the menu, press A.