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v
\-/
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v'
\,/
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\-,
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\./
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ffi
If
necessary: sets
12 pay-
l@
ment periods Per
Year;
lffil
la
P.,YR
EHB
I'loBE
End
mode.
30
[} 12
Stores
number of
ffi
H=368,
B6
payments.
11.5ffi
lzyR=tt,sg
Storesannualinterest
rate.
Keys:
tt
rvM]
lt-MoDESt
ffi-w
2
[
rNPUr
I
l@
630
E
ffi
0ffi
ffi
E
12ooo
E
Display:
Pl,lT=-fi39
,
gB
FV=E
,
gB
PU=63,617.64
75,617,64
Description:
Enters the TVM
application.
Sets
display to two
deci-
mal
places.
Optional;
clears
TVM
variables.
Stores
monthty
puyment.
Sets
W
to
0; not
neces-
sary
if
you
previously
cleared
TVM
variables.
Calculates
loan
amount.
Calculates
total price of
the house (loan plus
down
payment).
\-/
\-/
Example: A
llortgage
With a Balloon Payment.
You've
taken out
a 2l-yeag
fi75,250 mortgage
at
13.8o/o
annual interest. You anticipate
that you
will
own the
house
for four
years
and then sell
it,
repaytng
the loan
in
a
"balloon payment." What
will
be
the
size
of your balloon
payment
at the end
of
four
years?
6: Time
Yalue
of
toney
125
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