; Here are 3 related financial formulas that can be "read" into Mathomatic:

; Compound Interest Future Value Formula:
fv1 = pv*(1+interest_rate)^n

; Annuity Formula:
fv2 = payment*(((1+interest_rate)^n-1)/interest_rate)
; Next we will combine these to produce that Amortized Loan Formula.
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; Amortized Loan Formula (Mortgage Formula):
fv1 = fv2
eliminate all
solve verify payment ; solve for payment per period
; pv = present value
; fv = future value (maturity value)
; interest_rate = interest rate per period (1 = 100%)
; n = number of periods