HP 10bII - Page 71

Amortize the 1°, 25%, and 54'^ payments.
1.00
Enters
first
payment.
Qe)
1-1
Displays
PER
and
the
amortized
payment
period.
G
-310.42
Displays
PRIN
and
the
first
principal
payment.
©
0.00
Displays
INT
and
the
inter
est.
©
13,939.58
Displays
BAL
and
the
loan
balance after one payment.
OO
25.00
Enters
payment
to
amor-
tize.
Ce
25-25
Displays
PER
and
the
amortized
payment
period.
©
220.21
Displays
PRIN
and
the
principal
paid
on
the
25'^
payment.
©
-90.21
Displays
INT
and
the
i
inter.
est
paid
on
the
25"
pay-
ment.
©)
9,193.28
Displays
BAL
and
the
bal-
ance
after
the
25"
pay-
ment.
OO
54.00
Enters
payment
to
amor-
tize.
Qe
54-
54
Displays
PER
and
the
amortized
payment
period.
©
-290.37
Displays
PRIN
and
the
principal
paid
on
the
54!
payment.
©
-20.05
Displays
INT
and
the
inter-
est
paid
on
the
54"
pay-
ment.
©
1,801.57
Displays
BAL
and
the
bal-
ance after the 54% pay-
ment.
5: Time Value of Money Calculations 71