Time Value of Money (TVM)
Enter any four of the five values and solve for the fifth.
A negative sign in the display represents money paid out, and money received is positive.
Table
Keys | Description |
|
|
]OJ | Clears TVM memory and the current P_YR is |
| displayed. |
Ù | Number of payments. |
| |
|
|
\Ú | Multiplies a value by the number of payments |
| per year and stores as N. |
Ò | Interest per year. |
| |
|
|
Ï | Present value. |
| |
|
|
Ì | Payment. |
| |
|
|
É | Future value. |
| |
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|
\¯ | Begin or End mode. |
|
|
\Í | Number of payments per year mode. |
|
|
If you borrow 14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the monthly repayment?
Set to End mode. Press \¯if BEGIN annunciator is displayed.
Table
KeysDisplayDescription
]OJ | TVM CLR (message flashes, then | Clears TVM memory and |
| ||
| disappears) | displays the current P_YR. |
|
|
|
| JG\Í | 12.00 | Sets payments per year. |
| ||
|
|
|
| DS:Ù | 360.00 | Enters number of payments. |
| ||
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| J:Ò | 10.00 | Enters interest per year. |
| ||
|
|
|
| JY:::Ï | 14,000.00 | Enters present value. |
| ||
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6 At a Glance...