Texas Instruments TI-84 - Manual (Page 404)

Chapter 14: Applications 401
2. Press
Î Œ Н Н to display the TVM Solver.
3. Press 360 to enter number of payments. Press
† 8 to
enter the interest rate. Press
† † Ì
800 to enter the
payment amount. Press
†
0 to enter the future value
of the mortgage. Press
†
12 to enter the payments per
year, which also sets the compounding periods per
year to 12. Press
† † Í to select
PMT:END .
4. Press
} } } } } to place the cursor on the
PV prompt.
Press
ƒ \ to solve for the present value.
5. Press
o to display the parametric Y= editor. Turn off
all stat plots. Press
„ to define
X1T as T . Press
†
Œ Í
9
„ ¤ to define
Y1T as bal(T) .
6. Press
p to display the window variables. Enter the
values below.
Tmin=0 Xmin=0 Ymin=0
Tmax=360 Xmax=360 Ymax=125000
Tstep=12 Xscl=50 Yscl=10000
7. Press
r to draw the graph and activate the trace
cursor. Press
~ and | to explore the graph of the
outstanding balance over time. Press a number and
then press
Í to view the balance at a specific
time T.