Amortization tool glitch?
Steve Juniper
snijuniper at comcast.net
Thu Nov 26 12:39:52 EST 2009
I misplaced the amortization table I have been using for loan payments
being made to me and have been trying to reconstitute it but get weird
result from GC tool. Withe present value of $41,822.91, monthly payments
of $419.55, interest at 6.25% and future value of zero I am given
4,294,967,216 for the total number of payments - obviously absurd.
Should come out to about 277.
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