10 Getting Started
Time Value of Money (TVM)
Enter any four of the five values and solve for the fifth.
A negative sign in the display represents money paid out, and money received is
positive.
If you borrow $14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the
monthly repayment?
Set to End mode. Press
\¯ if BEGIN annunciator is displayed.
Table 1-11 Keys for TVM calculations
Keys Description
]OJ
Clears TVM memory and the current P_Yr is displayed.
Ù
Number of payments.
Ò
Interest per year.
Ï
Present value.
Ì
Payment.
É
Future value.
\¯
Begin or End mode.
\Í
Number of payments per year mode.
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