200702017-5 AmortizationThis calculator can be used to calculate the principal and interest portion of a monthlyinstallment, the remaining principal, and amount of principal and interest repaid up to anypoint.u Formulaa : interest portion of installment PM1 (INT )b : principal portion of installment PM1 (PRN )c: balance of principal after installment PM2 (BAL)d : total principal from installment PM1 to payment of installment PM2 (ΣPRN )e: total interest from installment PM1 to payment of installment PM2 (ΣINT )*a + b = one repayment (PMT)cab1 paymentNumber of Payments1 PM1 PM2 Last.............. ..................... ............cab1 paymentNumber of Payments1 PM1 PM2 Last.............. ..................... ............1 paymentNumber of Payments1 PM1 PM2 Last............... .................. ...............de1 paymentNumber of Payments1 PM1 PM2 Last............... .................. ...............de7-5-1Amortization
