This program will help you figure out the amount of the interest on your loans…
The Menu
1- Calculate interest only
This section will first ask you to enter the data such as the loan amount, term, etc. It will then calculate the interest. If you wish to find out how long it will take to pay off your loan, just enter 1000 years for the term. It will then give you how many months it took to pay it off. If you wish to know the interest you will pay after say, 10 months on a 1 year term loan then enter 10/12 (divided) for the term, it will then give you the accumulated interest and the balance to pay on the loan.
2- Calculate interest + balance
This section will also ask you to enter the data and will then show you month by month the interest and the new balance. Again if you want to see how long it will take just enter 1000 years (or any big number of years).
3- Select printer
This program allows you to printout the data on either the TS2040 thermal printer or an 80 column printer. To select the right printer just press any key and [ENTER] when you are finished. For large printers load your DRIVER AT 64000.
4- Printer ON/OFF
This is used to turn printer on or off, just press any key to select and press [ENTER] when finished.
5- Quit
This is used to return to BASIC.
Loading name: INTER
Program type: Business utility
Written by: Kristian Boisvert