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Using The TVM Solver On The Calculator
TI 83/84
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TVM Solver Press Apps to access the Finance tool and press enter
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TVM Solver Next press enter on the TVM Solver
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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.
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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
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TVM Solver While the cursor is on Line FV Press Alpha then Enter
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TVM Solver The Future value of this investment is $290.37
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