Texas Instruments TI-84 PLUS SILV Guidebook - Page 269
Using the TVM Variables, Defining the Payment Method, Pmt_End, Pmt_Bgn, FINANCE VARS Menu
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The decimal placement differentiates the date formats. MathPrint™ Classic Defining the Payment Method Pmt_End and Pmt_Bgn (menu items E and F) specify a transaction as an ordinary annuity or an annuity due. When you execute either command, the TVM Solver is updated. Pmt_End Pmt_End (payment end) specifies an ordinary annuity, where payments occur at the end of each payment period. Most loans are in this category. Pmt_End is the default. Pmt_End On the TVM Solver's PMT:END BEGIN line, select END to set PMT to ordinary annuity. Pmt_Bgn Pmt_Bgn (payment beginning) specifies an annuity due, where payments occur at the beginning of each payment period. Most leases are in this category. Pmt_Bgn On the TVM Solver's PMT:END BEGIN line, select BEGIN to set PMT to annuity due. Using the TVM Variables FINANCE VARS Menu To display the FINANCE VARS menu, press Œ Í ~. You can use TVM variables in TVM functions and store values to them on the home screen. CALC VARS 1: Ú Total number of payment periods 2: æ Annual interest rate 3: PV Present value 4: PMT Payment amount 5: FV Future value 6: P/Y Number of payment periods per year Chapter 14: Applications 262