Question about Texas Instruments TI-86 Calculator
Year 1 10%
Year 2 -3%
Year 3 12%
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Posted on Jan 02, 2017
Change the payments-per-year to 1 to get the correct answer. Press 2nd [P/Y] 1 ENTER.
To pay off a loan of $3245 at 12% annual interest, you can either make 6 monthly payments of $559.91 and pay it off in half a year or make 6 annual payments of $789.27 and pay it off in six years.
Posted on Nov 26, 2010
SOURCE: Geometric Mean
can't quite make out the detail on buttons on the image I have of your calculator but here goes.
say for example, the geometric mean of 2 × 3 × 6 × 8 is the 4th root of 288, or approximately 4.12.
enter nth root first, in this case 4 then shift then root symbol then open bracket, 2x3x6x8, close bracket then = ,
should give you 4.1195 etc
Posted on Jun 16, 2008
X01= put the first figure then ENTER
Down arrow two times
X02= put the second figure then ENTER
Down arrow two times .. and so on
till the list finished
press 2nd>8 (STAT)
and find your stastics
Posted on Jan 07, 2011
It's giving you the correct answer for the problem you've input. When you specified 1 for n, you told it one month. If you specify more digits, you'll see that the answer is 1.00833333.
By default, the calculator works with annual interest rates but counts periods in months.
Posted on Feb 23, 2011
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