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AMORT.TXT
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1986-09-15
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LOAN AMORTIZATION
by
Al 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.
DISK FILES THIS PROGRAM USES:
AMORT.EXE
BRUN20.EXE
RETURN.EXE