Casio FC-200V User Guide - Page 57

Amortization Mode

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k Amortization Mode • The Amortization (AMRT) Mode lets you calculate the principal balance, and the interest portion and principal portion of monthly payments, as well as interest and principal amounts paid to date. BAL : Principal balance upon completion of payment PM2 INT : Interest portion of payment PM1 PRN : Principal portion of payment PM1 ΣINT : Total interest paid from payment PM1 to payment PM2 ΣPRN : Total principal paid from payment PM1 to payment PM2 A Entering the AMRT Mode • Press A to enter the AMRT Mode. Value Input Screen a 1 payment c b 1 PM1 PM2 Last Number of Payments a : Interest portion of payment PM1 (INT) b : Principal portion of payment PM1 (PRN) c : Principal balance upon completion of payment PM2 (BAL) E-55

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E-55
k
Amortization Mode
• The Amortization (AMRT) Mode lets you calculate the
principal balance, and the interest portion and principal
portion of monthly payments, as well as interest and
principal amounts paid to date.
BAL
:
Principal balance upon completion of payment
PM2
INT
: Interest portion of payment PM1
PRN
: Principal portion of payment PM1
Σ
INT
: Total interest paid from payment PM1 to
payment PM2
Σ
PRN
: Total principal paid from payment PM1 to
payment PM2
A
Entering the AMRT Mode
• Press
A
to enter the AMRT Mode.
Value Input Screen
a
: Interest portion of payment PM1 (INT)
b
: Principal portion of payment PM1 (PRN)
c
: Principal balance upon completion of payment PM2
(BAL)
c
a
b
1 payment
Number of Payments
1
PM1
PM2
Last
..............
.....................
............