Financial Program do u know any website where i could refer to on how to use the Financial Program (TVM) on the CAS??? I really want to know how to solve the problem on depreciation using CAS. PLease help me..:)

Um. It depends a lot on who/what you're applying for Financial Aid to. If it's a particular school, you're probably really pushing it. Call them directly and ask. Be prepared to possibly spending Thanksgiving digging up financial and bank records and paying an expedite fee to the institution.

If it's a general organization that grants scholarships or grants, or loans, you'll have to look at their timeline. It may be that you can qualify, but not get your aid until later on, in which case, you may need to talk to the school about billing or financing options until you can get your aid.

Good Luck!

Were you also clearing the financial memory with 2nd [CLR TVM], or just the storage memory? If you don't, it's going to keep using whatever value you last used for PMT.

Actually, you don't need the y^x key.

Clear the financial registers with 2nd [CLR TVM]
Enter the present value: 1 0 0 0 0 0 0 +/- FV
Enter the future value: 2 0 0 0 0 0 0 FV
Enter the interest rate: 7 I/Y
Compute the number of periods: CPT N

The two calculators you are referring to do not have a financial utility. they cannot calculate cash flows. Casio does make a financial calculator, the FC-200V. Texas Instruments has two or three Business Analysts and so does HP. Some Casio Graphing Calculators are able to perform TVM, Amortization and such like financial applications.

Neely Neel Neel Neelerson,

--> APPS
--> TVM

Viola. The initials TVM stand for Time-Value-Money; it's a widely used tool throughout financial mathematics. If you are looking to deal with annuities, bonds, present value equations, future value equations, or even certain stocks then you will want to use the TVM app within your TI-84.

When you go into that menu screen you will see about 10 input lines; and despite how you're being taught you'd be best off using only five (from a mathematical & conceptual standpoint). The backbone of the TVM is the time-zero equation of value. So, all you want to be touching is the N, I/Y, PV, PMT, and FV keys.

Background on TVM:
N = Number of intervals
I/Y = Effective Interest Rate Per Interval (5% is .05 but the computer wants it entered as 5.0)
PV = The Present Value
PMT = Recurring Payment (either deposit or withdrawal)
FV = Future Value

There are like 3 other inputs that I encourage you to ignore (in exchange for learning exactly what's going on within this application).

NOTE: You MUST make your effective interest term match your number of intervals. For example, an annuity with monthly payments for 5 years with a monthly effective interest rate of 2% would need an N value of 60 (which is 12 months per year times 5 years for a total of 60 months).

There's more that could be said, but I think this should help you find the PV of an annuity.

Go Bulls,



The Math Cheetah
[email protected]

2nd [CLR TVM] (clear TVM registers)

2 4 0 0 +/- PV ($2400 initial investment, negative because you're paying it out)

6 I/Y (6% annual interest)

1 N (one year)

CPT FV (compute future value, see 2544.00, the value after one year)

5 N (five years)

CPT FV (see 3211.74, the value after five years)

1 0 N (ten years)

CPT FV (see 4298.03, the value after ten years)

GOOD QUESTION, Patweetyp...

I've got you covered.

Seeing how it's been three weeks since you posted this there's a chance you've already gotten your answer, but let me go ahead solve this for those out there who may have had the same problem.

Background: There are FIVE TVM Keys; and as you would assume, you MUST input FOUR of them in order for the BA II Plus to solve for the fifth. Now let's get down to business.

1. Hit CLR TVM. [This is just a cleanup maneuver]
1a. Hit ENTER [yes, BA II Plus always needs to be told to store the value, ALWAYS]
2. Type in -2400
3. Hit PV [Since you are investing money at time 0, your present value is negative 2400]
3a. Hit ENTER
4. Type 6
5. Hit I/Y [Your annually compounded interest rate is 6 percent]
5a. Hit ENTER
6. Type 0
7. Hit PMT [you do not have any recurring deposits*]
7a. Hit ENTER
8. Type 1
9. Hit N [there is one year until expiration/liquidation/termination]
9a. Hit ENTER
10. Hit CPT
11. Hit FV [this is your ANSWER = 2544]
----- From here, all you would need to do is change N in order to get your other answers (5 years, 10 years, etc) ----

*If your calculation does not require a recurring payment then you really just have a basic equation of value which would be solved faster by hand. (IE, 2400*(1.06)^1=FV=2544).

You'll notice that I underlined "annually compounded" as well as "one year". The reason for this is because you ALWAYS need your interest term to match your time interval. For instance, if you had monthly payments of which you wanted the year-end total you would need a monthly effective interest rate, and N would be 12.



Okay, I hope that helped. The BAII Plus is the best calculator for time-value-money calculations I've come across. When things get more advanced, you will start using the amortization table which cannot be found in any other TI Calculator (from what I know). TVM is perfect for annuities, mortgages, loans, bonds, and more.

[email protected] for more questions.
TEXAS INSTRUMENTS = 1-800-TI-CARES...they are friendly.

Hi,
Press [RightShift, Cyan key] [7] (Solve). Use Down key to highlight Solve Finance... and press [OK]. This opens the TVM Edit screen. In the templates (dark rectangles) type in your values or highlight one entry screen and press Edit, to enter values.
You also have an AMORTIZE solver.

Hope it helps.
Thank you for using FixYa and for rating this solution.

I couldn't find any reference to a HP calculator model 12p.
There is a HP 12c financial calculator and a 12c Platinum financial calculator.
Check both models (for images, specifications, functions, user guides, etc.) :
HP 12c Financial Calculator
HP 12c Platinum Financial Calculator