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Unformatted text preview: 1 ............................. first installment of installments 1 through n PM2 ............................. second installment of installments 1 through n n .................................. I% ............................... PV ............................... PMT ............................ FV ............................... P/Y .............................. C/Y .............................. installments interest rate principal payment for each installment balance following final installment installments per year compoundings per year 20010101 2-5-3 Amortization After configuring the parameters, press one of the function keys noted below to perform the corresponding calculation. • 1(BAL) ......... Balance of principal after installment PM2 • 2(INT) .......... Interest portion of installment PM1 • 3(PRN) ......... Principal portion of installment PM1 • 4(Σ INT) ....... Total interest paid from installment PM1 to installment PM2 • 5(Σ PRN) ...... Total principal paid from installment PM1 to installment PM2 • 6(CMPD) .......
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This note was uploaded on 03/17/2013 for the course EE 410 taught by Professor Ertuğruleriş during the Spring '13 term at Istanbul Kültür Üniversitesi.

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