Chapter 14: Applications 404
dbd(date1,date2)
You can enter date1 and date2 in either of two formats.
• MM.DDYY (United States)
• DDMM.YY (Europe)
The decimal placement differentiates the date formats.
Defining the Payment Method
Defining the Payment MethodDefining the Payment Method
Defining the Payment Method
Pmt_End and Pmt_Bgn (menu items E and F) specify a transaction as an ordinary
annuity or an annuity due. When you execute either command, the TVM Solver is
updated.
Pmt_End
Pmt_EndPmt_End
Pmt_End
Pmt_End (payment end) specifies an ordinary annuity, where payments occur at the end
of each payment period. Most loans are in this category.
Pmt_End is the default.
Pmt_End
On the TVM Solver’s PMT:END BEGIN line, select END to set PMT to ordinary annuity.
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