HP 20b Business Consultant Quick Start Manual page 49

Table 4-6 Amortization Example
Keys
A
<
<
<
<
<
Display Description
Displays the current period of
amortization in months. Default is 12 .
Displays the number of the starting
payment in first period to amortize.
Displays the current balance remaining
after the first year.
Displays the current amount of principle
applied towards the loan for the first
year.
Displays the amount of interest paid on
the loan for the first year. The amount
of your payments applied towards
interest for the first year is about
$14,000.00.
Displays the first payment in the next
period to amortize (the 2
49
Time Value of Money
year).
nd