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Calculating Amortization - Texas Instruments TI-82 STATS Manual Book

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Calculating Amortization

Calculating an
Amortization
Schedule
bal(
GPrn(, GInt(
Use the amortization functions (menu items
calculate balance, sum of principal, and sum of interest for an
amortization schedule.
computes the balance for an amortization schedule using
bal(
æ æ æ æ
stored values for
payment at which you want to calculate a balance. It must be a
positive integer < 10,000. roundvalue specifies the internal
precision the calculator uses to calculate the balance; if you do
not specify roundvalue, then the TI-82 STATS uses the current
/
decimal-mode setting.
Float
Fix
npmt[
roundvalue]
bal(
,
computes the sum of the principal during a specified period
GPrn(
for an amortization schedule using stored values for
. pmt1 is the starting payment. pmt2 is the ending payment in
PMT
the range. pmt1 and pmt2 must be positive integers < 10,000.
roundvalue specifies the internal precision the calculator uses to
calculate the principal; if you do not specify roundvalue, the
TI-82 STATS uses the current
Note: You must enter values for
the principal.
pmt1
pmt2[
roundvalue]
,
,
GPrn(
computes the sum of the interest during a specified period
GInt(
for an amortization schedule using stored values for
. pmt1 is the starting payment. pmt2 is the ending payment
PMT
in the range. pmt1 and pmt2 must be positive integers < 10,000.
roundvalue specifies the internal precision the calculator uses to
calculate the interest; if you do not specify roundvalue, the
TI-82 STATS uses the current
pmt1
pmt2[
roundvalue]
,
,
GInt(
,
, and
. npmt is the number of the
PV
PMT
)
/
Float
Fix
æ æ æ æ
PV
PMT
,
,
)
/
Float
Fix
)
Financial Functions 14–9
,
, and
) to
9
0
A
æ æ æ æ
,
, and
PV
decimal-mode setting.
, and before computing
æ æ æ æ
,
, and
PV
decimal-mode setting.

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