User Guide

76 5: Time Value of Money
File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/11
Keys: Display: Description:
" ]
" Displays TVM menu.
@c
#$ 5?@2 H<A 0EAH" Clears history stack and
TVM variables.
.
12
Y
Z
e
"
"
#$
5?@2 JH=;<"
0EAH"
Sets 12 payment periods
per year; Begin mode.
Step 1: Find the present value of the monthly payments.
47
T
<8+-&((" Stores number of payments.
18
U
;6@28#*&((" Stores annual interest rate.
2400
&
W
50:8/$K+((&((" Stores monthly payment.
V
5O8*#K-%.&.*" Calculates present
(capitalized) value of the
47 monthly payments.
Step 2: Add the additional advance payment to
PV
. Store the answer.
+
2400
=
*+K#%.&.*" Calculates present value of
all payments.
s
0 *+K#%.&.*" Stores result in register 0.
Step 3: Find the present value of the buy option.
48
T
<8+*&((" Stores number of payment
periods.
15000
&
X
"
GO8/#.K(((&(("
Stores amount of the buy
option (money paid out).
0
W
50:8(&((" There are no payments.
v