This program takes a loan amount, annual interest rate, and number of payments and computes the required payment amount, the total repayment amount, and the total interest paid at the end of the loan.
Enter the loan parameters when prompted. When the program pauses the required payment amount is displayed. The following memory locations are also setup with the following results.
1 - original loan amount
2 - annual interest rate
3 - number of payments
4 - required payment amount
5 - total loan repayment amount
6 - total interest paid at end of loan
Use the recall memory function to display the desired values. To recalulate using only a new number of payments press enter with any non-zero value in the display. To enter new loan parameters press zero and then press enter. To stop the program, Click the Stop button or press command-period.