Friday, January 23, 2009
January 23rd/09
REMEMBER:
Math Exam
Tuesday, Jan 27/09
In the morning
In This Room
T8
Thursday, January 22, 2009
Jan. 21 2009
Monday, January 19, 2009
january 19
Friday, January 16, 2009
Jan 16
Tuesday, January 13, 2009
Circle Property #7/Jan 13/09
First thing today Mr. Maxs went over the Exam Format. There will be two parts to the exam M/C and Long Answer.
After that he taught us the Final Circle Property #7 Circle Quadrilateral.
We did the same procedure as the last 6.
Just an reminder there is a lot of Accelerated Math that will be due
so don't forget!!!
Monday, January 12, 2009
Jan 12/09
*** Remember*** exams in a couple weeks
Our math exam is
Tuesday, January 27 @ 9:00 in the morning in the classroom.
Friday, January 9, 2009
circle properties 4-6 jan 9
Enjoy
Thursday, January 8, 2009
January 8th, 2009
Circle Property #2 - If an inscribed angle in a circle inetercepts semi-circle, then the angle is a right angle.
Circle Property #3 - If in a circle, an inscribed angle and a central angle both intercept the same arc, then the central angle measure is double the inscribed angle measure.
Wednesday, December 17, 2008
T8
Friday, December 12, 2008
December 10
Thursday, December 11, 2008
DECEMBER 11
Wednesday, December 10, 2008
TVM SOLVER book report
N= Total number of payment periods
I%= Annual interest rate
PV= Present Value
PMT= Payment amount
FV= Future value
P/Y= Number of payment periods per year
C/Y= Number f compoundings per year
PMT= Press END for ordinary annuity or, BEGIN for an annuity due
NOTE: Money spent will be entered as a negative, and money earned will be entered as a positive.
Thanks to smartdata.usbid.com/datasheets/usbid/2000/2000-q3/83finqrg.pdf for the examples.
EXAMPLE # 1
What is the monthly payment for a $25,000 car loan to be paid over 4 years with an 8.5%
interest rate?
1. Enter the TVM Solver.
Press [2nd] [Finance] on the TI-83 or [APPS] and select 1:Finance on the TI-83 Plus.
2. Enter the known values. Your screen should appear as follows.
3. Solve for the unknown value.
Place the cursor at PMT and press [2nd] [Solve] (above the ENTER key). See the
second figure above.
***Note the square that appears by PMT. It means this value has been computed,
not entered.***
EXAMPLE #2
Find the future value of $10,000 invested at 10% interest over 25 years, with an
additional $2,000 added at the end of each year.
1. Enter the TVM Solver.
Press [2nd] [Finance] on the TI-83 or [APPS] and select 1:Finance on the TI-83 Plus.
2. Enter the known values. Your screen should appear as follows.
3. Solve for the unknown value.
Place the cursor at FV and press [2nd] [Solve]. See the second figure above.
Tuesday, December 9, 2008
T.V.M Solver Report
T.V.M Meaning Time Value Money, is used to find a missing variable on a calculator (TI-83+) for financial reasons; like time, interest rate, future value, etc.
N- Total number of payment periods
I%- Annual interest rate
PV- The present value, or known as a principal
PMT- Payment amount
FV-Future Value
P/Y- The number of payment periods per year
C/Y- The number of compounding periods per year
When describing, or referring to questions, if we hear the words *Positive Value* That simply indicates the amount of money earned and put into your account; Whereas if we hear the words, *Negative Value* It indicates the amount invested, or taken out of your account.
When Inputting data on a TI-83+, You put in all your information, then highlight your variable you are trying to solve, then press Alpha - Enter
-------------------------------------------------------------------------------------------------
A quick example, provided by;
www.rrsd.mb.ca/mci/dornn/Files/applied_30s/lesson%202%20-%20TVM%20Solver.doc -
Definitions provided by;
http://dictionary.reference.com/
You Want to buy a new boat. You will need to borrow $9000. to purchase it
a) You find a bank that will give an interest rate (The percentage of a sum of money charged for its use)Combined monthly for over 6 years, what will your monthly payment be...
N- 72
I%- 7.9
PV- 9000
PMT= -157.36 = Payment is $157.36
FV-0
P Y-12
C Y- 12
b) How much interest would you have paid in the end...
72 x 157.36 = 11329.92
11392.92 - 9000 = $ 2329.92
c) If you want to sell your boat after one and half years, how much will you still owe the bank...
N- 18
I%- 7.9
PV- 9000
PMT- -157.36
FV- 7131.64 = After 1.5 years you owe $7131.64
P Y- 12
C Y- 12
d) If you decided to pay an extra $40. per month, when would you have the loan paid off...
N- 54.402953 54 months divide 12 = 4.5 years
= loan is paid off in 4.5 years
I%- 7.9
PV- 9000
PMT- -197.36
FV- 0
P Y- 12
C Y- 12
T.V.M Solver Book Report
To open the T.V.M. solver on your calculator you simply need to prees [APPS], [ENTER], [ENTER] which will bring you to a screen with the following variables:
N: Number of compounding periods. Type this in as number of years times number of compounding periods per year.
I%: Interest rate. Type this in as a rate, NOT as a decimal.
PV: Previous Value. This is the starting value of the account. If it’s a loan, the amount will be positive, the amount you owe. If it’s a savings account, the amount will be negative, the amount you (take out of your pocket and) put in. If you don’t start the savings account with a deposit, this value will be zero.
PMT: Payment amount. Since this is coming out of your pocket, it’s negative. If you’ve started a savings account with a deposit, and don’t plan to make regular deposits, this will be zero.
FV: Future value. For savings, this will be the value after a given number of compounding periods. For a loan, this should be 0.
P/Y: Payments per year. This number should be the same as the next item, unless specified otherwise in the problem.
C/Y: Compounding periods per year. See above.
PMT: END BEGIN: Will the payments be due at the beginning or end of
the month.
__________________________________________________________________
EXAMPLE
1.) Now, suppose you are taking out a 5-year loan on $25000 at 6% annual interest compounded monthly and you want to know the monthly payment. Fill in the values on the TVM Solver screen as shown:
(Enter N as 5 years * 12 compounding periods per year)
N=60
I%=6
PV=25000
PMT=
FV=0
P/Y=12
C/Y=12
PMT=END
2.) Now, move the cursor to PMT, press the green ALPHA key, then ENTER.
Your payment will show up as a negative number (since it’s coming out of your
pocket):
N=60
I%=6
PV=25000
PMT=-483.32003...
FV=0
P/Y=12
C/Y=12
PMT=END
3.) Suppose you know you can afford a $250 per month payment on a 60 month loan at 6% annual interest compounded monthly. You can enter N as 60, since
they didn’t give you a number of years. Fill out the TVM Solver screen as
shown:
N=60
I%=6
PV=0
PMT=-250
FV=0
P/Y=12
C/Y=12
PMT=END
4.) To find how much you can afford to borrow, move the cursor to PV, press the
green ALPHA key, then ENTER. The amount you can afford to borrow is
shown:
N=60
I%=6
PV=12931.39019
PMT=-250
FV=0
P/Y=12
C/Y=12
PMT=END
TVM Solver
Here is how to put it into a TI-83 Plus: N: Number of total payments, I%: Annual Interest Rate, PV: Present Value,
Dec 9th, Book Report
The T.V.M is used to find a missing variable in interest rate, time, and future value. It is also used for financial calculations. Everything under “TVM Solver” is a function that does a calculation based of the values entered in the TVM Solver.
How to get to the T.V.M Solver in your calculator:
1. Turn on calculator
2. Press “Apps”
3. Press “Finance”
4. Press “TVM Solver”
The variables in the TVM Solver are:
N = # of years.
Examples
Question 1:
Put into the calculator in the TVM Solver
N = 10
After entering that all in go:
“2nd”
“Mode”
(It will take you back to the display screen.)
Next, press
“Apps”
Finance”
“TVM_I% (that’s number 3)
Your result should be 17.46%
That all means that if you invest $ 1000 today and want $5000 in 10 years from now, the interest rate you must have is 17.46%.
Question 2:
Put into calculator in the TVM Solver
N = 10 (10 years)
After that go:
“2nd”
“Mode”
(Takes you back to your display screen)
Next press
“Apps”
“Finance”
“TVM_PV” (that’s number 4)
Your result should be -2315.96
That all means that if you invested (your investing which is why it’s a negative) $2315.96 today at 8%, in 10 years you will have $5000.
http://giddlebits.wordpress.com/2007/01/25/how-to-do-time-value-of-money-on-a-ti-83-plus/
Thank you Nathan Snell‘s Blog for the information and for the questions examples!
sayles TVM solver.
TIME VALUE OF MONEY http://saxonpublishers.harcourtachieve.com/NR/rdonlyres/0B6921F8-1D9F-4D36-BAE7-52E1A7C133E1/0/SaxonMath_C3_GCA_Student_ACT21_ConsumerInterestL109.pdf
Above is a link to a breif descriptiop on how to use a tvm solver on a graphing caclulator.
These are the main points for the TVM solver in short from and the meanings.
N - total number of payment periods
I% - Annual interest rate
PV - Present value or principal
PMT - Payment amount
FV - Future value
P/Y - Number of payment periods per year
C/Y - Number of compounding periods per year
You start up the TVM Solver by pressing [2nd][FINANCE][1:TVMSolver]. A menu should appear that allows you to enter number or values for varibles like the ones above.
A = P*(1 + r / k)k*t this is the formula for compuund intrest.
refrence.
saxonpublishers.harcourtachieve.com
www.physicsforums.com
Book Report
Tuesday September 9th, 2008
In 1991, Mr. Maks talked about a student who cheated, the student had found a journal and wrote out a paper for an assignment and did not reference the sources, he was kicked out of University and banned from going to other universities for a while. Plagiarism in high school wouldn't result in such a punishment of getting kicked out and banned from schools, it just goes to show that you shouldn't copy anyone elses work without referencing it first. An assignment in high school that is plagiarized will result in a 0 mark on that assignment. The Internet is a great source for information and is greatly used today. Please do not plagiarize!
With great power comes great responsibility. - Uncle Ben Parker, from the 1st Spiderman Movie!
We have until the end of today to work on the "Book Reports" and post them to the blog.
Budget things can still be checked by Mr. Maks, etc.
Mr. Maksymchuk put on some Christmas songs on for us to enjoy. I found the music annoying, sounds like some old Fuedal era music... Well not anymore, thats good.
8 More classes left until Christmas break.
16 Days until Christmas from today! Yeah!!!!
T.V.M solver
T.V.M solver is designed to help you solve problems that in valve money growing at a predetermined interest rate over a set amount of time.
To get to T.V.M Solver you go to apps then to financial then choose T.V.M Solver. Now that we can get their let’s get down to business. Here is an example. So you have $100 that you are going to invest at 10% a year for 5 years.
PV Present value $100
F/V future value
N is the number of years 5
I is the interest rate 10%
P/Y payments per year 1
C/P compound per year 1
Pmt amount of money invested per year 0
When you have all the data in you go down to FV (future value) and press alpha enter. That will give you the answer which should be $161.05.
hear is another example of how to solve for n:
Imagine that you have just retired, and that you have a nest egg of $1,000,000. This is the amount that you will be drawing down for the rest of your life. If you expect to earn 6% per year on average and withdraw $70,000 per year, how long will it take to burn through your nest egg (in other words, for how long can you afford to live)? Assume that your first withdrawal will occur one year from today (End Mode).
P/V=-1000000
F/V=0
N=
I%=6
P/Y=0
C/P=0
PTM=70000
Now you can go to N and and solve by pressing alpha enter and that should give u 33.39 witch is how long you Can live for off of the $1000000.
examples provided by: http://www.tvmcalcs.com/calculators/ti83/ti83_page1
Book Report: T.V.M. Solver
Thanks to the internet, this book report will tell you on how to access the T.V.M. on your calculator and give you some examples.
T.V.M stands for Time Value of Money. TVM is based on the idea that money received earlier is worth more than the same amount of money received later.
To get to the T.V.M. solver on your calculator, you press APPS, ENTER, ENTER, and you will get to a screen which shows these following variables:
N= total number of payments
I%= nominal interest rate, expressed as a percent (use 5, for 5%, NOT 0.05)
PV= present value or principal
PMT= amount of each payment (for mortgages and annuities)
FV= future value
P/Y= payments per year
C/Y= compounding periods per year
Here are examples to represent both algebraic and TVM Solver solutions:
1.Solving for Future value: If you deposit $2500 in an account earning 12% interest compounded weekly, how much is it worth in 4 years?
N= 4
I%= 12
PV= 2500
PMT= 0
FV=
P/Y= 1
C/Y= 52
After you have filled in all the numbers, move your curser to FV= and press ALPHA SOLVE (enter) and the number 4037.95 should show up where the FV= is. That’s the final answer for this question.
2.SSolving for present value: How much money must you deposit now, if you need $10000 in 4 years, and can earn 5.5% interest compounded monthly?
Now, we bring up the TVM Solver, set..
N = 4,
I% = 5.5,
PV =
PMT = 0,
FV = 10000,
P/Y = 1,
C/Y = 12.
Move to the present value line and press ALPHA SOLVE (enter). The answer is -8029.22 (the answer is negative, because you have to deposit that amount).
How long does it take $5000 at 8% interest compounded daily to reach a value of $7500?
N =
I% = 8
PV = 5000
PMT = 0
FV = 7500
P/Y = 1
C/Y = 365
Move the cursor to the line for N and press ALPHA SOLVE (enter) to get the answer.
Monday, December 8, 2008
Book report, T.V.M. solver
To get to the T.V.M. solver on your calculator, hit "apps" then "finance" and that leads you right to the "t.v.m. solver"
Now you need to fill in the blanks on your calculator, but before you can do that you need to know what the letter symbols beside each blank means.
N= The number of payment periods
I%= The interest rate
PV= Present value
PMT= Payment amount
FV= Future value
P/Y= Payments per year
C/Y= Compounding periods per year
(remeber to ender cash inflows as positive numbers, and cash outflows as negative numbers)
Examples:
Financing a car.
You have found a car you would like to buy. The car costs $9,000. You can afford payments of $250 per month for four years. What annual percentage rate (APR) will make it possible for you to afford the car?
Enter the T.V.M. solver
Enter known values:
N=48;
PV=9000;
PMT=M250 (Negation indicates cash outflow.);
FV=0;
PpY=12 (computes an annual percentage rate);
CpY=12;
PMT=END.
Example 2
Calculaing interest on a fixed payment.
At what annual interest rate, compounded monthly, will $1,250 accumulate to $2,000 in 7 years?
Enter the T.V.M solver.
Enter known values:
N=7;
PV=M1250 (Negation indicates cash outflow or investment.);
PMT=0;
FV=2000 (future value is cash inflow or return);
PpY=1;
CpY=12;
PMT=END.
Place the cursor on the I% prompt and solve to get your interest rate.
T8