Balance, Interest, And Principal - TI BA-35 Solar Quick Reference Manual

Balance, Interest, and Principal

To calculate balance, interest and principal, use
2 to set the calculator to the financial mode
(FIN appears in the display.)
W (Balance)—Calculates the remaining loan
balance (principal) after a selected payment.
To find the balance:
1. If necessary, press 0 a to change the
calculator to solve for end-of-period
payments or beginning-of-period payments.
2. Enter the appropriate values with the C, I,
K, L, and M keys.
3. Enter the payment number.
4. Press W.
V (Interest and Principal)—Calculates the
interest and principal portions of a single
payment; when used with the X key, it
calculates the accumulated interest and
principal over a range of payments.
X (Payment Range Entry Key)—Enters a
selected range of payments (payment 1
through payment x) so that you can calculate
the accumulated interest and principal over that
range.
Note: When using X, enter the payment
number as an integer. Do not enter a decimal
point.
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