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Calculating amortization, Calculating an amortization schedule, Gprn(, gint – Texas Instruments TI-84 User Manual

Page 402

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Chapter 14: Applications

399

Calculating Amortization

Calculating Amortization

Calculating Amortization

Calculating Amortization

Calculating an Amortization Schedule

Calculating an Amortization Schedule

Calculating an Amortization Schedule

Calculating an Amortization Schedule

Use the amortization functions (menu items

9

,

0

, and

A

) to calculate balance, sum of

principal, and sum of interest for an amortization schedule.

bal(

bal(

bal(

bal(

bal(

computes the balance for an amortization schedule using stored values for

æ,

PV

,

and

PMT

.

npmt

is the number of the 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-84

Plus uses the current

Float/Fix

decimal-mode setting.

bal(npmt

[

,roundvalue

]

)

G

Prn(,

Prn(,

Prn(,

Prn(,

G

Int(

Int(

Int(

Int(

G

Prn(

computes the sum of the principal during a specified period for an amortization

schedule using stored values for

¾æ,

PV

, and

PMT

.

pmt1

is the starting payment.

pmt2

is the

ending payment in 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-84 Plus uses the current

Float/Fix

decimal-mode setting.