During these amortization calculations only multiplications with the same
folder are performed. The respective capital is multiplied by the factor
4.25 (semi-annual interest rate). The result is the interest, which is
subtracted from the annuity. Your calculated repayment is subtracted from
the capital so that the residual capital results. From this the new
interest amount is again calculated by multiplication by the constant
factor (4.25).
Walk through
Sequence of the calculation
Function key
Display
---------------------------------------------------------------------
1. Clear the memory
*I, *II, *III
2. Decimal point position
2
3. Enter
45 000,
+II
45 000,00
4.
X
45 000,00
5. Enter
4,25
+I
4,25
6.
=
191 250,00
7.
:
191 250,00
8. Enter
100,
=
1 912,50
9.
-
1 912,50
10. Enter
2 587,5
+III
2 587,50
11.
+
2 587,50
12.
=
675,00
13.
—II
675,00
14. Recall
II
44 325,00
15.
X
44 325,00
16. Recall
I
4,25
17.
—
188 381,25
18.
:
188 381,25
19. Enter
100,
:
1 883,81
20.
—
1 883,81
21. Recall
*I
2 587,50
22.
+
2 587,50
23.
= -
703,69
24.
—II
703,69
25. Recall
II
43 621,31
usw.
26