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These examples are for the "Financial: TVM" calculator with periodic interest rate ("i%" key instead of "I/YR" key).

Key | Description |
---|---|

Calculates, stores or recalls the number of periods. | |

Calculates, stores or recalls the periodic interest rate as a percentage. | |

Calculates, stores or recalls the present value. | |

Calculates, stores or recalls the periodic payment. | |

Calculates, stores or recalls the future value. | |

Multiplies the value in the x register and stores it as the number of periods. | |

Divides the value in the x register and stores it as the number of periods. | |

Calculates the interest and principal for the number of periods in the x register. | |

Calculate simple interest. |

What are the monthly payments for a 100,000 loan for 20 years at 6% per year?

to clear the financial variables,

240

Stores the number of payments (20 * 12),

This can also be entered as 20

0.5

Stores the periodic (6% / 12 payments per year) interest rate,

This can also be entered as 6

100000

Stores the present value

Calculate the payment

The result is -716.43.

By default the financial BEGIN END mode is set to END.

We recommend using the Amortization Form Calculator.

What is the interest and principal for the first 12 payments for the loan above?

Set the starting payment period to 0:

0

Calculate the interest and principal for the first 12 payments:

12

The principal paid of -2,669.79 is displayed in the y register (if you have two or more rows displayed)

The interest paid of -5,927.37 is displayed in the x register.

To see the remaining principal, tap

97,330.21 is displayed.

Note that 12 was added to the N (number of periods) to give the starting period for more amortization calculations for this loan.

Also see:

- Simple Interest Loan - Days Formula Calculator
- Simple Interest Loan - Actual Formula Calculator
- Simple Interest Loan - NASD Formula Calculator
- Simple Interest Loan - EURO Formula Calculator

What is the simple interest for a load of 450 at 7% for 60 days?

60

Stores the number of days

7

Stores the interest rate

-450

Stores the amount of the loan.

Calculates the interest:

- The x register contains 5.25, the interest based on 360 days.
- The z register contains 5.18, the interest base on 365 days.

The following apply to RPN calculation mode.

- The y register contains the positive loan amount, so tapping will calculate the total principal and 360 day interest, 455.25.

To calculate the 365 day principal and interest, press to get 455.18.