01-18-2015, 09:56 PM
Hi,
Does anyone know how (or if it's possible) to calculate an amortization schedule with additional principal payments on an HP 12c?
For example.
PV = 100,000
n = 30 x 12
i = 3.0 / 12
Solving for PMT = -421.60.
I'd like to add an additional -500 to the PMT then solve again for n so see how quickly the loan is paid off.
Thank you
Does anyone know how (or if it's possible) to calculate an amortization schedule with additional principal payments on an HP 12c?
For example.
PV = 100,000
n = 30 x 12
i = 3.0 / 12
Solving for PMT = -421.60.
I'd like to add an additional -500 to the PMT then solve again for n so see how quickly the loan is paid off.
Thank you