62 5: Time Value of Money
The time value of money (TVM) menu does many compound-interest
calculations. Specifically, you can use the TVM menu for a series of cash
flows (money received or money paid) when:
! The dollar amount is the same for each payment.
*
! The payments occur at regular intervals.
! The payment periods coincide with the compounding periods.
Payment mode: the
end of each period
12 payments (or periods)
per year
To second level of TVM
Figure 5-1. The First Level of TVM
The first level of the TVM menu has five menu labels for variables plus
.
. The
.
key accesses a second-level menu used to specify
payment conditions (the payment mode) and to call up the AMRT
(amortization) menu.
Figure 5-2. The Second Level of TVM
*
For situations where the amount of the payment varies, use the CFLO (cash
flows) menu.
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