Texas Instruments TI-84 User Manual
Page 403
Chapter 14: Applications
400
Note:
You must enter values for
æ,
PV
,
PMT
, and before computing the principal.
G
Prn(pmt1,pmt2
[
,roundvalue
]
)
G
Int(
computes the sum of the interest during a specified period for an amortization
schedule using stored values for
¾æ,
PV
, and
PMT
.
pmt1
is the starting payment.
pmt2
is
the ending payment in the range.
pmt1
and
pmt2
must be positive integers < 10,000.
roundvalue
specifies the internal precision the calculator uses to calculate the interest; if
you do not specify
roundvalue
, the TI-84 Plus uses the current
Float/Fix
decimal-mode
setting.
G
Int(pmt1,pmt2
[
,roundvalue
]
)
Amortization Example: Calculating an Outstanding Loan Balance
Amortization Example: Calculating an Outstanding Loan Balance
Amortization Example: Calculating an Outstanding Loan Balance
Amortization Example: Calculating an Outstanding Loan Balance
You want to buy a home with a 30-year mortgage at 8 percent APR. Monthly payments
are 800. Calculate the outstanding loan balance after each payment and display the
results in a graph and in the table.
1.
Press
z. Press † ~ ~ ~ Í to set the
fixed-decimal mode setting to
2
. Press
† † ~ Í to
select
Par
graphing mode.