K amortization mode – Casio FC-200V User Manual

Page 57

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k Amortization Mode

• The Amortization (AMRT) Mode lets you calculate the

principal balance, and the interest portion and principal
portion of monthly payments, as well as interest and
principal amounts paid to date.

BAL

: Principal balance upon completion of payment

PM2

INT

: Interest portion of payment PM1

PRN

: Principal portion of payment PM1

Σ

INT

: Total interest paid from payment PM1 to

payment PM2

ΣPRN

: Total principal paid from payment PM1 to

payment PM2

A Entering the AMRT Mode

• Press

A to enter the AMRT Mode.

Value Input Screen

a

: Interest portion of payment PM1 (INT)

b

: Principal portion of payment PM1 (PRN)

c

: Principal balance upon completion of payment PM2

(BAL)

c

a

b

1 payment

Number of Payments

1

PM1

PM2

Last

..............

.....................

............

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