Author: Susan Conrad,

Emory University, Atlanta, GA

Revised by: R. L. Jenson, School of Business,

Emory University, Atlanta, GA

Operating System: OS/8

Source Language: FORTRAN II

Memory Required: 8K

Abstract: The program computes an amortization schedule given the

interest rate, amount of the loan, number of years over which the loan is

to be repaid, and conversion periods per year.

From this information, the program computes the periodic payment

and the portion of the periodic payment applied to the principal, the

portion of the periodic payment applied to interest, and the balance at

the time of each payment. All numbers are rounded to the nearest cent.

Note: The DECtape for DECUS 8-703 contains sources for eight

programs DECUS 8-703 through 8-710. Documentation must be

ordered separately.

Media Price Code: D2, H32

Format: OS/8

Catalog: August 1978