EL-738C Sharp

User Manual - Page 36

For EL-738C.

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35
Procedure Key operation Display
Display the principal
paid.
i
ÍPRINCIPAL=
-104852
Display the interest
paid.
i
ÍINTEREST=
-203428
3. Calculate the amortization schedule for the second year.
Procedure Key operation Display
Change amortization
schedule to the second
year and enter 6 (Janu-
ary) for the starting
payment.
i
6
Q
AMRT P1=
600
Enter 17 (December)
for the ending payment.
i
17
Q
AMRT P2=
1700
Display the remaining
balance.
i
BALANCE=
8633592
Display the principal
paid.
i
ÍPRINCIPAL=
-261556
Display the interest
paid.
i
ÍINTEREST=
-478316
4. Calculate the amortization schedule for the third year.
Procedure Key operation Display
Change amortization
schedule to the third
year and enter the next
12 months automati-
cally.
i
@
i
AMRT P2=
2900
Display the remaining
balance.
i
BALANCE=
8357421
Display the principal
paid.
i
ÍPRINCIPAL=
-276171
Display the interest
paid.
i
ÍINTEREST=
-463701
5. Repeat the above operation for the fourth and fi fth years.
3FinancialFunctionsCurrent.indd353FinancialFunctionsCurrent.indd35 06.7.108:38:29PM06.7.108:38:29PM
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