Texas Instruments BA II PLUS User Manual page 89

×
PMT G
----------------------- -
FV =
i
ƒ
where: 0
i
= L(
+
FV PV PMT
where: =0
i
Amortization
If computing
bal
Let (0) =
bal RND
Iterate from m = 1 to
[
RND RND12 – i bal m 1
⎧
I =
m
⎨
( )
⎩
bal m = bal m 1
then: =
bal( ) bal(pmt2)
G
( ) =
Prn
G
Int ( ) =(
where: =round the display to the number of decimal
RND
places selected
RND12
Balance, principal, and interest are dependent on the values of
, and and
pmt1
I/Y
Cash Flow
NPV = CF +
0
⎧
⎪
⎨
S =
where:
j
⎪
i
⎩
Appendix — Reference Information
⎛
N
( ) ×
i
– 1 + i
⎝
Q
)
N
(), =
pmt2 npmt
( )
PV
pmt2
( ×
( ) I
– – +
m
) N
(
bal pmt2 bal
N +1) Q
pmt2 pmt1
=round to 12 decimal places
.
pmt2
N
∑
( )
CF 1 + i
j
j = 1
j
∑
≥
n j 1
i
= 1
0 j = 0
×
PMT G
----------------------- -
PV +
i
( ) ) ]
–
( )
RND PMT
( )
pmt1
) N G
RND ( PMT
( (
- S
1 – 1 + i
– 1
j
----------------------------------
i
⎞
i
⎠
Prn ( )
- n
) )
j
, ,
PMT PV
85