'The Cautionary Tale of Numero Cinco'
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My co-op building's annual shareholders' meeting is coming up, and this year it promises to be extremely mathy.
My Treo has a built-in calculator that can do amortization calculations, but I can't figure out how to use it. It lets you input any four of these five variables, and it will solve for the other:
Can anyone tell me what those variables mean?
Yes.
In order,
Present value, future value, payment (per period), annual percentage rate, number of payments.
eta: Typically, in a loan the present value is the amount of the loan and the future value is zero (if you're paying off the entire loan).
Ahh, I see why I was having trouble getting it to work. It wants the payment to be negative.
Yeah, either the payment or the present value has to be negative (depending on how you look at it) for a loan.
Don't go ruining my pettiness with your salient points....
Sean, can I tag this? It just made me snort.
I bought a new watch today. [link] I've looked at my wrist more in the last 6 hours than I have in the last several years.
Very cool, aurelia.
Sean, can I tag this? It just made me snort.
You betcha.
I'm jealous, aurelia!
Just got this from weaknees...
TiVo won't sell Lifetime Service soon
Starting next week (we’re hearing March 15th), TiVo will no longer offer subscribers the ability to pay a one-time $299 product lifetime fee for standalone TiVo DVRs and DVD combo DVRs.
Buy a TiVo now with Lifetime service and get these benefits!
* $299 lifetime value stays with the unit - even if you sell the box * $299 equates to 23 months of service - after that, your service is essentially free! * Never pay another monthly TiVo service fee * Monthly service prices could even increase (they have before) * We will email your TiVo Service Number to ensure that you can purchase the lifetime service before the 15th
This is a big change for those who love TiVo. If you think that you (or a friend, family member) would prefer to pay a one-time fee for the TiVo service, now is the time to purchase another box!