since the future value of a loan is 0 once it is paid in full. Enter
since payment is due at the end of a period.
3. Move the cursor onto the
The present value, or mortgage amount, of the house is displayed at
the
prompt.
PV=
Now compare the graph of the amount of interest with the graph of the
amount of principal for each payment.
4. Press z. Set
5. Press o. Turn off all functions and stat plots. Enter these equations
and set the graph styles as shown.
Note: GPrn( and GInt( are located on the
TI-83 Plus
Activities
prompt, and then press ƒ \.
PV=
and
.
Par
Simul
(
FINANCE menu
APPS 1:FINANCE
,
:
PMT
END
).
593