Publicidad
Idiomas disponibles
Idiomas disponibles
Solve for Interest Rate
Assume you wish to borrow $250,000, over a 180 month (15 year) period and you can afford to pay $2,109.64 per
month. What interest rate do you need under this scenario?
Enter
250000
2109.64
180
Amortization
Calculate a payment and print amortization schedule. $100,000 loan, 6.5% Interest Rate compounded monthly, 15
year (180 months) Term.
Enter
100,000
6.5
180
(etc. now pmt 13)
In the example above, the Amortize key was pressed when no live entry existed. This will cause the entire
amortization schedule to print.
Press
PV
PMT
TERM
RATE
Press
PV
RATE
TERM
PMT
AMORTIZE
(this will continue until
Display
250,000
250,000.00
2,109.64
2,109.64
180
180.00
CALCULATE
6.00
Display
100,000
100,000.00
6.5
6.50
180
180.00
871.11
(Payment)
(Pmt. Portion to Interest)
(Pmt. Portion to Principal)
(Remaining Principal)
(Cummulative Interest)
Pmt number 180 prints )
Print
250,000.00 IV
2,109.64 P
180.00 M
6.00 %
Print
100,000 IV
6.50 %
180.00 M
871.11 P
#
1
871.11 P
541.67 I-
329.44 -P
99,670.56 RP
541.67 I*
........................
#
2
871.11 P
539.88 I-
331.23 -P
99,339.33 RP
1,081.55 I*
........................
#
3
871.11 P
538.09 I-
333.02 -P
99,006.31 RP
1,619.64 I*
.........................
#
13
871.11 P
519.60 I-
351.50 -P
95,575.28 RP
6,899.68 I*
Publicidad
