Using The TVM Solver On The Calculator

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Using The TVM Solver On The Calculator TI 83/84

TVM Solver Press Apps to access the Finance tool and press enter

TVM Solver Next press enter on the TVM Solver

TVM Solver N = n ∙ t I% = is the interest rate or APR in percent not decimal PV is the present value PMT is the payment FV is the future value P/Y & C/Y is the compounding periods per year which is n Note the PMT: End Begin is used especially with annuities.

TVM Solver Example This is a $250 investment with a 5 percent interest rate and is compounded monthly. This investment is for 3 years. N is n ∙ t Payment is 0 because there is no monthly payment We will solve for FV using TVM solver

TVM Solver While the cursor is on Line FV Press Alpha then Enter

TVM Solver The Future value of this investment is $290.37