User Manual

5: Time Value of Money 81
File name : English-M02-1-040308(Print).doc Print data : 2004/3/9
12     Calculates amortization
schedule for first 12
payments, but does not
display it.
  Displays interest paid in
first year.
  Displays principal paid
in first year.
  Displays balance at end
of first year.
    Calculates amortization
schedule for next 12
payments.
  Displays results for
second year.
 
 
To calculate the balance after 42 payments (3½ years), amortize 18
additional payments (42－24＝18):
18     Calculates amortization
schedule for next 18
months.
 

Displays results.
 
 