42 Getting Started
Getting Started42
Amortization Summary of Functionality
Press the menu key. The second page of the Finance Aplet deals with
amortization schedules. The fields are:
• Payments: the number of payments in the current batch to amortize
• Principal: amount of principle paid after the batch of payments
• Interest: amount of interest paid
• Balance: outstanding balance after the batch of payments
The menu contains the following functions:
• EDIT: edit the current value
• TVM: return to the TVM page
• B
→ PV: returns the current balance to the PV field on the TVM page
• AMOR: amortize the current batch of payments
Financial Amortization View
Example 3
Continue the previous example by finding the balances due after 10 years and 20 years of
payments.
Example 3 Setup
Table 1-9 Finance Aplet Summary
Summary of Functionality View Name and Display
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