Sharp EL738C EL-738 Operation Manual - Page 36

Balance, Íprincipal

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Page 36 highlights

Procedure Display the principal paid. Display the interest paid. Key operation i i Display ÍPRINCIPAL= -104852 ÍINTEREST= -203428 3. Calculate the amortization schedule for the second year. Procedure Key operation Change amortization schedule to the second year and enter 6 (January) for the starting payment. i 6 Q Enter 17 (December) i 17 Q for the ending payment. Display AMRT P1= 600 AMRT P2= 1700 Display the remaining i balance. BALANCE= 8633592 Display the principal paid. i ÍPRINCIPAL= -261556 Display the interest paid. i ÍINTEREST= -478316 4. Calculate the amortization schedule for the third year. Procedure Key operation Change amortization schedule to the third year and enter the next 12 months automatically. i @ i Display the remaining i balance. Display AMRT P2= 2900 BALANCE= 8357421 Display the principal paid. i ÍPRINCIPAL= -276171 Display the interest paid. i ÍINTEREST= -463701 5. Repeat the above operation for the fourth and fifth years. 35

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35
Procedure
Key operation
Display
Display the principal
paid.
i
ÍPRINCIPAL=
-104852
Display the interest
paid.
i
ÍINTEREST=
-203428
3.
Calculate the amortization schedule for the second year.
Procedure
Key operation
Display
Change amortization
schedule to the second
year and enter 6 (Janu-
ary) for the starting
payment.
i
6
Q
AMRT
P1=
600
Enter 17 (December)
for the ending payment.
i
17
Q
AMRT
P2=
1700
Display the remaining
balance.
i
BALANCE=
8633592
Display the principal
paid.
i
ÍPRINCIPAL=
-261556
Display the interest
paid.
i
ÍINTEREST=
-478316
4.
Calculate the amortization schedule for the third year.
Procedure
Key operation
Display
Change amortization
schedule to the third
year and enter the next
12 months automati-
cally.
i
@
i
AMRT
P2=
2900
Display the remaining
balance.
i
BALANCE=
8357421
Display the principal
paid.
i
ÍPRINCIPAL=
-276171
Display the interest
paid.
i
ÍINTEREST=
-463701
5.
Repeat the above operation for the fourth and fifth years.