User Manual

2: TVM and Amortization Worksheets 35
Procedure: Automatically Generating a Schedule
After you enter the initial values for
P1
and
P2
, as described
above, you can automatically compute an amortization
schedule.
쐃
Press
& \
or, if
INT
is displayed, press
#
to display
P1=
and its current value.
쐇
Press
%
. This automatically updates both
P1
and
P2
to
represent the next range of payments.
The calculator computes the next range of payments using
the same number of periods as in the previous range of
payments. For example, if the previous range was 1 through
12 (12 payments), pressing
%
updates the range to 13
through 24 (12 payments).
쐋
Press
#
to display
P2
.
<
If you pressed
%
when
P1
was displayed, a new value
for
P2
is automatically displayed. (You can still enter a
new value for
P2
, if necessary.)
<
If you did not press
%
when
P1
was displayed, you can
press
%
when
P2
is displayed to enter values for both
P1
and
P2
for the next range of payments.
쐏
Press
#
as needed to display the automatically computed
values for
BAL
,
PRN
, and
INT
for the next range of payments.
쐄
Repeat steps 1 through 4 until the schedule is complete.