Casio CLASSPAD330PLUS Manual De Usuario

20060301

Amortization lets you calculate the interest and principal portions of a payment or payments.

The following fields appear on the Amortization calculation page.

PM1

Number of first installment period in interval under consideration

PM2

Number of last installment period in interval under consideration

I%

Annual interest rate (as a percent)

PV

Present value (initial investment)

PMT

Amount paid each period

P/Y

Number of installment periods per year

C/Y

Number of times interest is compounded per year

BAL

Balance of principal after PM2

INT

Interest portion of PM1

PRN

Principal portion of PM1

sumINT

Total interest paid from PM1 to PM2 (inclusive)

sumPRN

Total principal paid from PM1 to PM2 (inclusive)

You can use the [Format] tab to change the following setting.

Payment Date: End of period

• The calculation for Example 1 is performed using a Compound Interest page. The payment 

result you obtain here will be used for the Amortization page calculations in Example 2.