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Page 152 Application-Specific Tasks
■ PV = 100,000
■ FV = 0
2. Enter 12 and tap the P/Yr button to enter the number of payments per year.
3. Tap Edit.
4. Tap the Pmt line and erase all values on the line including zero.
5. Tap Solve.
6. Hold Option and press Return to finish.
You can use a similar process to solve other financial equations by entering four of the variables
to find the value of the fifth variable.
Stores the current number as the total number of payments over the life of the
loan.
Stores the current number as the annual percentage rate of interest.
Stores the current number as the number of payments per year.
Stores the current number as the initial loan amount.
Stores the current number as the payment amount.
Stores the current number as the compounded loan amount including interest.
Opens the Time Value of Money dialog box where you can modify values and solve
the equation.
Stores the remaining balance, interest, and principal (amortization) based on the
supplied values.
Calculates a given percentage of a value. To use this button, enter a value, tap this
button, enter the percent, and then tap the equal sign button.
Calculates the change in a value by a given percentage. To use this button, enter
a value, tap this button, enter the percent, and then tap the equal sign button.
Calculates the percentage of one number relative to another number. To use this
button, enter the first number, tap this button, enter the second number, and then
tap the equal sign button.
Calculates the percentage required to get to one value from another value. To use
this button, enter the result number, tap this button, enter the starting number, and
then tap the equal sign button.