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Texas Instruments Calculator User Manual

Page 36

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32

Time-Value-of-Money and Amortization Worksheets

Given a 10% discount rate, does the present value of the cash flows
exceed the original cost of $23,000?

To

Press

Display

Set all variables to defaults.

& }
!

RST

0.00

Enter interest rate per cash flow
period.

10

-

I/Y=

10.00

Enter 1st cash flow.

5000

S 0

FV=

-5,000.00

Enter 1st cash flow period.

1

,

N=

1.00

Compute present value of 1st cash
flow.

% .

PV=

4,545.45

Store in

M1

.

D

1

4,545.45

Enter 2nd cash flow.

7000

S 0

FV=

-7,000.00

Enter 2nd cash flow period.

2

,

N=

2.00

Compute present value of 2nd
cash flow.

% .

PV=

5,785.12

Sum to memory.

D H

1

5,785.12

Enter 3rd cash flow.

8000

S 0

FV=

-8,000.00

Enter period number.

3

,

N=

3.00

Compute present value of 3rd
cash flow.

% .

PV=

6,010.52

Sum to memory.

D H

1

6,010.52

Enter 4th cash flow.

10000

S 0

FV=

-10,000.00

Enter period number.

4

,

N=

4.00