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Defining the payment method, Pmt_end – Texas Instruments TI-84 User Manual

Page 407

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Chapter 14: Applications

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dbd(date1,date2)

You can enter

date1

and

date2

in either of two formats.

MM.DDYY (United States)

DDMM.YY (Europe)

The decimal placement differentiates the date formats.

Defining the Payment Method

Defining the Payment Method

Defining the Payment Method

Defining the Payment Method

Pmt_End

and

Pmt_Bgn

(menu items

E

and

F

) specify a transaction as an ordinary

annuity or an annuity due. When you execute either command, the TVM Solver is
updated.

Pmt_End

Pmt_End

Pmt_End

Pmt_End

Pmt_End

(payment end) specifies an ordinary annuity, where payments occur at the end

of each payment period. Most loans are in this category.

Pmt_End

is the default.

Pmt_End

On the TVM Solver’s

PMT:END BEGIN

line, select

END

to set

PMT

to ordinary annuity.