Question about Casio CFX 9850GB Plus Calculator

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I lost my reference book and i need to , asap, learn to calculate amortization of loan payments. Could you please help me?

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Http://support.casio.com/manualfile.php?rgn=1&cid=004002005

Posted on May 25, 2011

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Is The Loan Amount Based Totally On A Fixed Amortized Payment Over A Specific Term?


No. But long it takes to pay back the business loan through the daily processing of credit cards is the duration of the term.

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Try an amortization schedule calculator:

https://www.amortization-calc.com/


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Explain the term amortization


The process of paying off a loan through specifically structured periodic payments is known as amortization. Amortized loans are different from other loans due to the way the amount and the structure of each payment is determined.

mortgage payments are a common form of amortized loans, and interestingly enough, both the term mortgage and the termamortization find their meaning in the same root word "mort." This term means to deaden or kill, as in to "kill off" or eliminate the loan a bit at a time, via regular payments.

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I lost my owner manual for my TI BAII plus calculator. I forgot how to figure amortization. $2000 at 10% , monthly payments of $200, how many months???


You can download the manual from the manufacturer's web site at
http://education.ti.com/calculators/downloads/US/Guidebooks/Detail?id=6114

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A $25000 home equity line of credit based on 7.8% APR annualized


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Change the payments per year (P/Y) to 12.

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