14–4 Financial Functions
82D362~1.DOC TI-83 international English Bob Fedorisko Revised: 10/26/05 1:42 PM Printed: 10/27/05 2:59
PM Page 4 of 14
The TVM Solver displays the time-value-of-money (TVM)
variables. Given four variable values, the
TVM Solver solves for
the fifth variable.
The
FINANCE VARS menu section (page 14.14) describes the
five
TVM variables (Ú
ÚÚ
Ú, æ
ææ
æ, PV, PMT, and FV) and P/Y and C/Y.
PMT: END BEGIN in the TVM Solver corresponds to the
FINANCE CALC menu items Pmt_End (payment at the end of
each period) and
Pmt_Bgn (payment at the beginning of each
period).
To solve for an unknown
TVM variable, follow these steps.
1. Press y [FINANCE] Í to display the TVM Solver. The
screen below shows the default values with the fixed-
decimal mode set to two decimal places.
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 ƒ 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 ƒ [
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 TVM Solver
Using the TVM
Solver