Question about Texas Instruments TI-30XA Calculator
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Posted on Jan 02, 2017
Once you're in the TVM solver:
On the top line (N=) type in 5 * 12 ENTER for five years of month payments.
On the I% lline type in 5.5 / 12 ENTER for the month interest rate.
On the PV line type in 18000 ENTER
Make sure the FV is 0 and END is highlighted on the bottom line.
Move the cursor to the PMT line and press ALPHA [SOLVE] (that's ALPHA ENTER) and see -343.82 for the monthly payment.
Posted on Feb 19, 2010
SOURCE: I have two BA real
$596.57 is what I get with payments occurring at the beginning of the month. Set it to handle payments at the end of the month. My calculator gives $599.55 for this case.
I'm not sure about the BA RE, but on the BA-II Plus you change the Begin/End setting by pressing 2nd [BGN] and 2nd [SET].
Posted on Mar 09, 2011
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