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Essay text:
The screen should now look like:
OR
For the TI-83 Plus: Press the APPS key, #1 Finance, #1 TVM Solver. The screen should now look like:
N=
I%=
PV=
PMT =
FV=
P/Y =
C/Y=
N is the total number of periods in the loan. For example: For compounded monthly for 1 year, N = 12. For compounded monthly for 5 year, N = 60. For compounded quarterly for 1 year, N = 4. For compounded quarterly for 6 year, N = 24.
I% is the interest rate. DO NOT CHANGE THE PERCENT TO A DECIMAL.
PV is the Present Value of the loan. This amount will be the beginning value of the loan. It should be entered as a negative value if there is no payment amount...
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