HP 10bII - Amortization

132 B: More About Calculations
Equations
Margin and Markup Calculations

Time Value of Money (TVM)
3D\PHQW0RGH)DFWRU6 IRU(QGPRGHIRU%HJLQPRGH
Amortization
%$/LVLQLWLDOO\39URXQGHGWRWKHFXUUHQWGLVSOD\VHWWLQJ
307LVLQLWLDOO\307URXQGHGWRWKHFXUUHQWGLVSOD\VHWWLQJ
Σ
,17 DFFXPXODWHGLQWHUHVW
Σ
351 DFFXPXODWHGSULQFLSDO
L SHULRGLFLQWHUHVWUDWH
0$5
35& &267
–
35&




×=
08
35& &267
–
&267




×=
L
I/YR
P/YR

=
0 PV

L
S×

---------------+


+ PMT

L




N–
–
L

--------
-------------------------------------





××
FV+1
L

--------
+


N–
×
=
i
,<5
⁄
3<5 
×⁄
-----------------------------=
.fm Page 132 Thursday, June 22, 2000 12:33 PM