HP 17BIIPLUS Owner's Manual page 80

b. To calculate a subsequent schedule with a different number of
payments, key in that number and press
c. To start over from payment #1 (using the same loan information),
press
@c
Example: Displaying an Amortization Schedule. To purchase your
new home, you have taken out a 30-year, $65,000 mortgage at 12.5%
annual interest. Your monthly payment is $693.72. Calculate the
amount of the first year's and second year's payments that are applied
toward principal and interest.
Then calculate the loan balance after 42 payments (3½ years).
Keys: Display:
" ] "
12.5 U ;6@28#$&.("
65000 V 5O8'.K(((&(("
693.72 & "
W 50:8/',%&-$"
. "
#$ 5?@2 H<A 0EAH"
@c
\ 3H@ P50:FQ 52HFF"
RP5S"
12 ^ P58#$ 50:FI #/#$"
80 5: Time Value of Money
Next successive
payments authorized
and proceed from step 7.
set of
^ .
Description:
Displays TVM menu.
Stores annual interest
rate.
Stores loan amount.
Stores monthly payment.
If needed: sets 12
payment periods per
year; End mode.
Displays AMRT menu.
Calculates amortization
schedule for first 12