Amortization—at a glance, Keys, Mseo – HP 10B User Manual

Page 18: Display, Qüjjqd, Description

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Amortization—At a Glance...

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After calculating a payment using Time Value of Money

(TVM), enter the periods to amortize, then press BlAMORTI.

Using the previous TVM example (page 13), amortize a

single payment and then a range of payments.

Amortize the 20th payment of the loan.

Keys:

20 lINPUTi

msEo

Q

0

0

Display:

20.00

PEr20- 20

Int

-115.61

Prin

-7.25

bAL

13,865.83

Amortize (he 1st through 12lh loan paymcnl.s.

1

QüjjQD

12

0

0

0

12_

PEr1 - 12

Int

-1.396.50

PrIn

-77.82

bAL

13,922.18

Description:

Enters payment to

amortize.

Displays payment to

amortize.

Displays interest. (Money

paid out is negative.)

Displays principal.

Displays balance.

Enters range of payments

to amortize.

Displays range of periods

(payments).

Displays interest. (Money

paid out is negative.)

Displays principal.

Displays balance.

Ata Glano«... IS

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