Texas Instruments BA II Plus User Guide

40 Time-Value-of-Money and Amortization Worksheets
Generating an Amortization Schedule for Interest and
Balloon Payment
If the sellers financed the sale, they would receive:
• Monthly payment: $545.55 for five years
• Interest: $27,790.72 over the five years
• Balloon payment: $77,187.72
To Press Display
Select Amortization worksheet. & \
P1=
1.00
Enter end period (five years). #
5 & Z !
P2=
60.00

View balance due after five
years (balloon payment).
#
BAL=
77,187.72

View interest paid after five
years.
# #
INT=
-27,920.72


Texas Instruments BA II Plus Specifications

General

Type	Financial
Cover	-
Form factor	Pocket
Control type	Buttons
Product color	Black
Digits	10 digits
Display tilting	No
Display number of lines	1 lines
Memory registers	10
Power source	Battery