Calculating Amortization - Texas Instruments TI-84 PLUS - Graphing Calculator Manual Book

= 2000
CF0
= {2000,L3000,4000}
CFList
= {2,1,2}
CFFreq
npv(, irr(
(net present value) is the sum of the present values for the cash inflows and outflows. A
npv(
positive result for indicates a profitable investment.
npv
npv(interest rate,CF0,CFList
(internal rate of return) is the interest rate at which the net present value of the cash flows is
irr(
equal to zero.
[ ]
irr(CF0,CFList ,CFFreq )
1000
-2500
-2000

Calculating Amortization

Calculating an Amortization Schedule
Use the amortization functions (menu items
sum of interest for an amortization schedule.
bal(
computes the balance for an amortization schedule using stored values for æ,
bal(
is the number of the payment at which you want to calculate a balance. It must be a positive
npmt
integer < 10,000.
roundvalue
balance; if you do not specify
mode setting.
[ ]
,CFFreq )
0 5000 3000
,
9 0
specifies the internal precision the calculator uses to calculate the
, then the TI-84 Plus uses the current
roundvalue
, and ) to calculate balance, sum of principal, and
A
Chapter 14: Applications
, and .
PV PMT
decimal-
Float/Fix
258