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HP 30b Business Professional Calculator User Manual

Page 40

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Time Value of Money

32

To reset the menu items to their default values, with any item of the Amortization menu
displayed press

:x

. With TVM displayed, press

I

. At the TVM Reset prompt,

press

I

to reset, or

O

to cancel.

<

Displays the amount of interest paid on the loan
for the first year. The amount of your payments
applied towards interest for the first year is about
14,000.00.

<

Displays the first payment in the next period to
amortize (the second year). Note that the
calculator automatically updates Start to the next
group of periods to amortize.

Table 3-4 Amortization Example

Keys

Display

Description