Math of Finance | Amortization schedule with BA II plus calculator

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Dr. Kate Zhang, Professor at Humber College solving:

Amortization schedule with BA II plus calculator

Question 3: John is paying $2,000 at the end of every three months to settle a loan of $8,000.00 at 4.5% compounded semi-annually.   
(a) Calculate the number of payments required. 
(b) Construct an amortization schedule.
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Simple yet thorough explanation. Thank you.

kwbmrmd
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Thank you, Dr. Zhang, for elaborating it from a professional point of view. Sometimes, I just do not want to see simply just answer.

Standbyualways
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Very concise and professional presentation, thank you!

jroot
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Thank you, Dr Zhang, and thank you HumberEDU.

Vikermajit
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The best explanation, Thank you very much.

chochowin
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You are so diligent, thank you for your time.

RaulPelcastreRealEstate
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Thank you. Well taught! But can you help me figure out how to compute when the problem states: a $400, 000 mortgage, 25 yr-fixed at 5% and the borrower made their first payment on April 12th. What is the amount of interest they will pay next year? I seem to get stuck when setting up my AMORT.

shaishman
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Hi, How do I install this calculator on my phone please.

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