TI-84 Plus and TI-84 Plus Silver Edition Guidebook

2. Enter the known values for four

TVM

variables.

Note:

Enter cash inflows as positive numbers and cash outflows as negative numbers.

3. Enter a value for

P/Y

, which automatically enters the same value for

C/Y

; if

P/Y

does not equal

C/Y

, enter a unique value for

C/Y

.

4. Select

END

or

BEGIN

to specify the payment method.

5. Place the cursor on the

TVM

variable for which you want to solve.

6. Press [ALPHA] [SOLVE]. The answer is computed, displayed in the TVM Solver, and stored to the appropriate

TVM

variable. An indicator square in the left column designates the solution variable.

Using the Financial Functions

Entering Cash Inflows and Cash Outflows

When using the TI-84 Plus financial functions, you must enter cash inflows (cash received) as positive numbers and cash outflows (cash paid) as negative numbers. The TI-84 Plus follows this convention when computing and displaying answers.

FINANCE CALC Menu

To display the

FINANCE CALC

menu, press [APPS] [ENTER].

CALC VARS

1: TVM Solver...

Displays the TVM Solver.

2: tvm_Pmt

Computes the amount of each payment.

3: tvm_I%

Computes the interest rate per year.

4: tvm_PV

Computes the present value.

5: tvm_N

Computes the number of payment periods.

6: tvm_FV

Computes the future value.

7: npv(

Computes the net present value.

Chapter 14: Applications 254