Book Report

TVM Solver

To use the T.V.M Solver, first press the "APPS" key then select "FINANCE" then go to "T.V.M Solver".

N: is the number of periods in the term of your investment, annuity, loan, etc.

I%: represents the rate of interest before adjustment for inflation for an investment, annuity, loan, etc.

PV: means the present value of the investment. Can be positive or negative. If it is positive it indicates the amount of money gained by the investment. If it is negative it indicates the amount of money lost or paid out to the investment.

PMT:represents the payment made to the investment or to pay for a loan.

FV: represents the future value of an investment after compounding period.

P/Y: represents the number of payments per year from an investment. Must be a positive integer.

Here are two options for no payment periods:

-Set "N" to years and P/Y=1

OR

-Set "N" to payment periods and P/Y=C/Y (Compounding periods per year)

"PMT: END BEGIN.": used to set the TVM Solver for 'ordinary' annuities, (END), or annuities 'due' (BEGIN).

Here are some examples:

For my References I used the following link: http://argyll.epsb.ca/jreed/calculator/ti83p/TVM.htm

The examples, screenshots, and pictures that I used are also from this site.

I also used wikipedia search to help understand some of the words I didn't know.