Financial Calculations Worksheet Page 24

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19 - 5
Amortization of a Loan
Calculate Σ
INT
from installment 24 to 49.
1 (REPT)
4 (Σ
INT
)
Calculate Σ
PRN
.
1 (REPT)
5 (Σ
PRN
)
Now you can press 6 to draw a cash flow graph.
6(GRPH)
• Trace can be activated following the calculation. Pressing e displays
INT
and
PRN
n
= 1. Each subsequent press of e displays
INT
PRN
n
when
and
for
=
n
2,
= 3, and so on.
344

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