home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
Best of Big Blue Disk
/
bbdbest.zip
/
AMORT.TXT
< prev
next >
Wrap
Text File
|
1987-09-14
|
1KB
|
29 lines
|D╔══════════╗════════════════════════════════════════════════════════════════════
|D║ |5Helpware |D║════════════════════════════════════════════════════════════════════
|D╚══════════╝════════════════════════════════════════════════════════════════════
^C^1LOAN AMORTIZATION
^Cby
^CAl Vekovius
Any time you consider financing a large investment you first have to
determine the terms that best suit your budget. If you're buying a car, for
instance, should you go with a 36-month payment schedule? Or would a 48-month
schedule be more practical? If one dealer offers a special interest rate, but
undervalues your present vehicle's trade-in value, should you look elsewhere?
LOAN AMORTIZATION can help you find the answers to your financial questions.
There are four variables that you must consider when looking at a loan: amount
of loan, number of payments, APR (annual percentage rate), and number of
payments per year. If you enter values for three of these variables, LOAN
AMORTIZATION can find the value for the fourth. LOAN AMORTIZATION can also
print an amortization schedule that shows the amount each payment applies to
principal and interest, the total interest paid, and the current balance.
To run this program outside BEST OF BIG BLUE DISK, type: ^1AMORT^0.
DISK FILES THIS PROGRAM USES:
^FAMORT.EXE
^FBRUN30.EXE
^FRETURN30.EXE