*** AMORT.DOC
*** Amortization Program for DBASE III
*** By Morris Pyle

*** Simply copy the DBASE III files - amort.pro, amort.DBF, & amort.FRM,
*** on the disk you normally use for programs and files, and key in
*** the following two commands (1) 'SET PROCEDURE TO AMORT.PRO' AND
*** (2) 'DO AMORT'. The program will ask you if you want it to figure
*** the monthly payments for you, and should be self-explanatory.

*** Negative amortization loans will work just fine, as do balloon
*** payments (the program asks you if you want to show any remaining
*** balance as a balloon payment).

*** For variable rate loans, simply run a schedule without a balloon
*** payment of the remaining balance for each period the interest is
*** fixed, and then run a new schedule at the next period's interest
*** rate, etc.

*** The program is set up for monthly payment loans, but could be easily
*** modified for other period installment loans. (The formula for
*** figuring the payment is straight out of a Basic Applications Handbook).