does anybody know how to make an amortization table on ti 89.. or something like this..
Cash Effective Increase in Outstanding
Interest Interest Balance Balance
645,459
1 10,050 12,909 2,859 648,318
2 10,050 12,966 2,916 651,234
3 10,050 13,025 2,975 654,209
4 10,050 13,084 3,034 657,243
5 10,050 13,145 3,095 660,338
6 10,050 13,207 3,157 663,495
7 10,050 13,270 3,220 666,715
8 10,050 13,335 3,285 670,000
80,400 104,941 24,541
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where you see a pattern here..
IIB (increase in balance) = EI – CI
And the OB new =IIB+OBold