*

1

For information about specifying the payment period,

see the  Payment  item under  Configuring Settings 

on page E 16.

*

2

Make sure the payment you specify for PM2 comes after

the payment you specify for PM1.

*

3

This variable is used by other modes. The value that

initially appears may be a value that was input or

calculated in another mode.

*

4

Specify 2 for semiannual compound interest, or 12 for

monthly compound interest.

  Input money paid out as a negative value, using the y

key to input the minus sign.

A Basic AMRT Mode Procedure

Example 1: To calculate the principal balance (BAL) after

payment 28

1. Input the values for 1,  2, 3,  5, 6, 7,  9, and 0

from the Setting Values table (page E 56).

  For this example, use

fc to select 1  Set: ,

and then press E.

  Press 2 to select  End .

  Use fc to select 2

 PM1 , input 15, and then

press E.

  Use fc to select 3  PM2 , input 28, and then press

E.

  Use fc to select 5  I , input 2, and then press

E.

  Use fc to select 6  PV , input 100000, and then

press E.

  Use fc to select 7  PMT , input  920, and then

press E.

  Use fc to select 9  P/Y , input 12, and then press

E.

  Use fc to select 0  C/Y , input 12, and then press

E.

E 57