4.Store the values you know. (Enter each number and press its menu key.)
5.To calculate a value, press the appropriate menu key.
You must give every
Before storing any TVM values, press @cto clear the previous TVM values.
Store zero; for example, pressing 0 sets FV to zero.
Loan Calculations
Three examples illustrate common loan calculations. (For amortization of loan payments, see page 77.) Loan calculations typically use End mode for payments.
Example:A Car Loan. You are financing the purchase of a new car with a
7,250 _ 1,500
0
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1 | 2 |
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| 35 | 36 |
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5: Time Value of Money 67
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