436508
338
Zoom out
Zoom in
Previous page
1/446
Next page
17-18 Applications
8317APPS.DOC TI-83 international English Bob Fedorisko Revised: 02/19/01 1:00 PM Printed: 02/19/01 1:39 PM
Page 18 of 20
You are a loan officer at a mortgage company, and you
recently closed on a 30-year home mortgage at 8 percent
interest with monthly payments of 800. The new home
owners want to know how much will be applied to the
interest and how much will be applied to the principal
when they make the 240th payment 20 years from now.
1. Press
z
and set the fixed-decimal mode to
2 decimal
places. Set the other mode settings to the defaults.
2. Press
y
[
FINANCE
] 1 to display the
TVM Solver
. Enter
these values.
Note:
Enter a positive number (
800
) to show
PMT
as a cash
inflow. Payment values will be displayed as positive numbers on
the graph. Enter
0
for
FV
, since the future value of a loan is 0 once
it is paid in full. Enter
PMT: END
, since payment is due at the end
of a period.
3. Move the cursor onto the PV= prompt, and then press
ƒ
[
SOLVE
]. The present value, or mortgage amount,
of the house is displayed at the
PV= prompt.
Computing and Graphing Mortgage Payments
Problem
Procedure
338


Need help? Post your question in this forum.

Forumrules


Report abuse

Libble takes abuse of its services very seriously. We're committed to dealing with such abuse according to the laws in your country of residence. When you submit a report, we'll investigate it and take the appropriate action. We'll get back to you only if we require additional details or have more information to share.

Product:

For example, Anti-Semitic content, racist content, or material that could result in a violent physical act.

For example, a credit card number, a personal identification number, or an unlisted home address. Note that email addresses and full names are not considered private information.

Forumrules

To achieve meaningful questions, we apply the following rules:

Register

Register getting emails for Texas Instruments ti 83 plus at:


You will receive an email to register for one or both of the options.


Get your user manual by e-mail

Enter your email address to receive the manual of Texas Instruments ti 83 plus in the language / languages: English as an attachment in your email.

The manual is 3,93 mb in size.

 

You will receive the manual in your email within minutes. If you have not received an email, then probably have entered the wrong email address or your mailbox is too full. In addition, it may be that your ISP may have a maximum size for emails to receive.

Others manual(s) of Texas Instruments ti 83 plus

Texas Instruments ti 83 plus User Manual - Dutch - 890 pages


The manual is sent by email. Check your email

If you have not received an email with the manual within fifteen minutes, it may be that you have a entered a wrong email address or that your ISP has set a maximum size to receive email that is smaller than the size of the manual.

The email address you have provided is not correct.

Please check the email address and correct it.

Your question is posted on this page

Would you like to receive an email when new answers and questions are posted? Please enter your email address.



Info