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Using The TVM Solver On The Calculator

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Presentation on theme: "Using The TVM Solver On The Calculator"— Presentation transcript:

1 Using The TVM Solver On The Calculator
TI 83/84

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

3 TVM Solver Next press enter on the TVM Solver

4 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.

5 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

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

7 TVM Solver The Future value of this investment is $290.37


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