Section 3: Basic Financial Functions
Example 2: If you deposit $50 a month (at the beginning of each month) into a
new account that pays 6.25% annual interest compounded monthly, how much
will you have in the account after 2 years ?
Sets payment mode to End.
Amount of balloon payment.
Calculates and stores n.
Calculates and stores i.
Stores PMT (with minus sign for cash
Sets payment mode to Begin.
Balance after 2 years.