HP 17bII+ User Manual

Page 81

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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.





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