Question about Texas Instruments TI-34 Multi View Calculator

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The formula as you know is A = P ( 1 + (r / n)) ^ nt and the answer from my calculator as a check is $3173.75 saved total.

Here P is $2000, r is 0.08, n is 1 (times per year compounded), and t is 6

So you would key it in like this

1.08

^

6

=

*

2000

=

Posted on Nov 13, 2014

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Posted on Jan 02, 2017

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SOURCE: how to calculate continuously compounded interest

Hi, perhaps this pdf helps:

http://education.ti.com/downloads/guidebooks/graphing/83p/83m$book-eng.pdf page 442,

Ronald

Posted on Aug 14, 2012

SOURCE: I need to add variables on my calculator

To save enter the number you want to save then press [STO] and the variable you want to save to.

And to use the variable you need to recall it by [RCL] button and then the variable you want to recall.

Rate me, thanks.

Posted on Jul 08, 2009

With simple interest, there is no compounding. To earn 2200.50 interest in six years, you need to earn 2200.50/6 = 366.75 each year. In order to earn 366.75 at 10.5%, you need a principal of 366.75/10.5% = 3492.86.

If the interest is compounded annually then you only need to invest 2682.13.

If the interest is compounded annually then you only need to invest 2682.13.

May 03, 2014 | Casio FX-115ES Scientific Calculator

You have to say if simple or compound interest, and whether annual interest or some other period. Assuming compound interest annually, it is 3.78%, for the second case, earnings are $1483

Apr 21, 2014 | SoftMath Algebrator - Algebra Homework...

Assuming the 28k is put in as one lump sum each year and that the interest is compounded annually, then after 15 years I calculate $453,329

You can use the following online calculator to make adjustments, check my calculations, modify any factors, etc...

http://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx

You can use the following online calculator to make adjustments, check my calculations, modify any factors, etc...

http://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx

Nov 18, 2013 | Computers & Internet

Hi, perhaps this pdf helps:

http://education.ti.com/downloads/guidebooks/graphing/83p/83m$book-eng.pdf page 442,

Ronald

http://education.ti.com/downloads/guidebooks/graphing/83p/83m$book-eng.pdf page 442,

Ronald

Aug 14, 2012 | Texas Instruments TI-83 Plus Calculator

I if it compound interest it will be :

Year 1 : £800 / 100 = £8*6 = £48 then + £800 = £848

Year 2 : £848 / 100 = £8.48*6 = £50.88 then + £848 = £898.88

Year 3 : £898.88 / 100 = £8.98*6 = £53.93 then + £898.88 = £952.81

Year 4: £952.81 / 100 = £9.52*6 = £57.16 then + £952.81 = £1,009

By Year Four it will equal £1,009 give a pound or two because I have rounded it down.

Year 1 : £800 / 100 = £8*6 = £48 then + £800 = £848

Year 2 : £848 / 100 = £8.48*6 = £50.88 then + £848 = £898.88

Year 3 : £898.88 / 100 = £8.98*6 = £53.93 then + £898.88 = £952.81

Year 4: £952.81 / 100 = £9.52*6 = £57.16 then + £952.81 = £1,009

By Year Four it will equal £1,009 give a pound or two because I have rounded it down.

Jun 13, 2011 | Computers & Internet

That's 10,000 for 10 years at 6% interest compounded month.

Press

1 0 0 0 0 * ( 1 + . 0 6 / 1 2 ) y^x ( 1 0 * 1 2 ) =

Press

1 0 0 0 0 * ( 1 + . 0 6 / 1 2 ) y^x ( 1 0 * 1 2 ) =

Apr 07, 2011 | Texas Instruments Office Equipment &...

Your result is for the 6.75% interest compounded monthly. The problem states that the interest is compounded semiannually. This makes a difference in the effective interest rate.

A 6.75% APR compounded semiannually gives an effective interest rate of about 6.864%:

Press 2 , 6 . 7 5 2nd >EFF

Converting this to APR gives about 6.657%:

Press 1 2 , 6 . 8 6 4 2nd >APR

If you use 6.657 for the interest rate instead of 6.75 you should get the correct result.

A 6.75% APR compounded semiannually gives an effective interest rate of about 6.864%:

Press 2 , 6 . 7 5 2nd >EFF

Converting this to APR gives about 6.657%:

Press 1 2 , 6 . 8 6 4 2nd >APR

If you use 6.657 for the interest rate instead of 6.75 you should get the correct result.

Feb 22, 2011 | Sharp EL-738 Scientific Calculator

If the interest is compounded monthly:

2nd [CLR TVM] (clear any existing results)

1 5 0 0 0 _/- PV (present value, negative because you're paying it out)

6 I/Y (annual interest rate)

25 2nd [*P/Y] N (25 years)

CPT FV (compute future value, see 66,974.55)

If the interest is compounded annually:

2nd [CLR TVM] (clear any existing results)

1 5 0 0 0 _/- PV (present value, negative because you're paying it out)

6 I/Y (annual interest rate)

2nd [P/Y] 1 ENTER 2nd [QUIT] (one compounding period per year)

25 N (25 years)

CPT FV (compute future value, see 64,378.96)

2nd [CLR TVM] (clear any existing results)

1 5 0 0 0 _/- PV (present value, negative because you're paying it out)

6 I/Y (annual interest rate)

25 2nd [*P/Y] N (25 years)

CPT FV (compute future value, see 66,974.55)

If the interest is compounded annually:

2nd [CLR TVM] (clear any existing results)

1 5 0 0 0 _/- PV (present value, negative because you're paying it out)

6 I/Y (annual interest rate)

2nd [P/Y] 1 ENTER 2nd [QUIT] (one compounding period per year)

25 N (25 years)

CPT FV (compute future value, see 64,378.96)

Oct 26, 2010 | Texas Instruments BA-II Plus Calculator

A = P(1 + r/q)nq is the formula you use. first write it all out, where P is the principle or $5000, r is the rate of 6%, q is the times per year so it would be 12 if done monthly, and n is how many years which would be 10. hope this helps.

Apr 28, 2010 | Texas Instruments BA-II Plus Calculator

Yes you can use it, here is the formula: Y= V(t+ (i/c))^(tc) V=amount put in, t=time, i=intrest rate, c= amount of times it is compounded.

(I know this because I have a TI-83 calculator)

(I know this because I have a TI-83 calculator)

Mar 27, 2009 | Texas Instruments TI-83+ Graphing...

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