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AmortizationDrake Software User’s Manual8. Set printer options in the Print dialog box as needed, then click Print._NOTENot all printers are capable of printing envelopes. Verify that yourprinter has this capability before using the “Print Envelopes”function in the program. Always test-print an envelope beforeprinting an entire selection.PostcardsTo print addresses on postcards:Amortization1. Ensure that the postcards are loaded properly into the printer.2. From the Home window, go to Tools > Letters > Postcards.3. Select filtering and sorting options from the Postcard Filter Selection box. If amore complex filter is needed, click Edit Filters. (See “Filter Manager” onpage 272.)4. Click Next.5. Modify the Basic Search Conditions as needed, then click Continue. (For moreon basic search conditions, see “Search Conditions” on page 272.)6. From the Postcards dialog box, update the postcard formatting as needed. ClickHelp for more on individual fields.7. Click Finish8. Set printer options in the Print dialog box as needed, then click Print.The Amortization tool prepares loan repayment schedules for various loan scenarios.To prepare a loan repayment schedule:1. From the Home window, select Tools > Amortization.2. Enter a Schedule Title to display at the top of the amortization schedule.3. Complete all other applicable fields. Fields are described in Table 11-4.4. Click Calculate. The program creates the amortization schedule.To print the schedule, click Print. To save it for later viewing (usingReports > Report Viewer), click Save.Table 11-4: Amortization Schedule Fields and DescriptionsAmortizationSchedule FieldLoan AmountAmortization PeriodsPayments Per YearThe original amount of the loan.DescriptionThe number of payments to be made over the life of the loan.(Example: If the loan is for two years and monthly payments arerequired, you would enter 24 (2 years = 24 months).The number of payments to be made each calendar year.260 Tax Year 2008