Quick Start Guide

24
BA35ENG.DOC BA-35 Solar Quick Reference Guide
Pat Hatcher Revised: 05/08/00 1:13 PM Printed:
05/08/00 1:13 PM Page 24 of 38
Balance, Interest, and Principal
To calculate balance, interest and principal, use
2
to set the calculator to the financial mode
(
FIN
appears in the display.)
W
(Balance)
—Calculates the remaining loan
balance (principal) after a selected payment.
To find the balance:
1. If necessary, press
0 a
to change the
calculator to solve for end-of-period
payments or beginning-of-period payments.
2. Enter the appropriate values with the
C
,
I
,
K
,
L
, and
M
keys.
3. Enter the payment number.
4. Press
W
.
V
(Interest and Principal
)—Calculates the
interest and principal portions of a
single
payment; when used with the
X
key, it
calculates the accumulated interest and
principal over a
range
of payments.
X
(Payment Range Entry Key)
—Enters a
selected range of payments (payment 1
through payment x) so that you can calculate
the accumulated interest and principal over that
range.
Note:
When using
X
, enter the payment
number as an integer.
Do not enter a decimal
point.