Keys: | Display: | Description: | |||||||
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| " | Displays TVM menu. | ||
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@c | #$ 5?@2 H<A 0EAH" Clears history stack and | ||||||||
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| TVM variables. |
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| " | Sets 12 payment periods | |||
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12 |
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| " | per year; Begin mode. | |||||
Y |
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Z | e #$ 5?@2 JH=;<" |
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| 0EAH" |
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Step 1: Find the present value of the monthly payments. | |||||||||
47 |
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| Stores number of payments. | ||||||
T |
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18 |
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| ;6@28#*&((" | Stores annual interest rate. | |||||
U |
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2400 & | W | 50:8/$K+((&((" | Stores monthly payment. | ||||||
V
Step 2: Add the additional advance payment to PV. Store the answer.
v+2400 = | *+K#%.&.*" | Calculates present value of | ||
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| all payments. |
s0 | *+K#%.&.*" | Stores result in register 0. | ||
Step 3: Find the present value of the buy option. | ||||
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48 | T |
| <8+*&((" | Stores number of payment |
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| periods. |
15000 & | " | Stores amount of the buy | ||
XGO8/#.K(((&((" option (money paid out).
0 | W | 50:8(&((" | There are no payments. |
76 5: Time Value of Money
File name : | Print data : 2003/7/11 |