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 April 16th, 2019, 06:54 PM #1 Member   Joined: Jan 2019 From: tornto Posts: 48 Thanks: 0 Tvm solver? Using the t1-83 plus TVM solver or similar tool. create complete tables like the following to see which option is the most effective investment. the choices are monthly payments of $200 at annual interest rate 5% for 10 years(option A) .doubling the payments (option B). doubling the interest (option C) or having the payment/compounding periods take place twice as often (option D). STATE WHICH OF THESE OPTIONS IS THE BEST AND WHY IT IS THE MOST EFFECTIVE. https://imgur.com/a/UFjWYIx don't have the tvm solver any one can help thanks  April 17th, 2019, 05:42 AM #2 Math Team Joined: Jul 2011 From: Texas Posts: 2,949 Thanks: 1555 Thanks from topsquark  April 17th, 2019, 06:23 AM #3 Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 14,597 Thanks: 1038 Are you asking how to use a "certain calculator", or how to develop financial formulas? Thanks from topsquark April 17th, 2019, 06:34 PM #4 Member Joined: Jan 2019 From: tornto Posts: 48 Thanks: 0 Quote:  Originally Posted by Denis Are you asking how to use a "certain calculator", or how to develop financial formulas? i am asking how to use the calculator, i can't find one online i can plug the numbers get the results ... i don't need the formulas  April 17th, 2019, 07:02 PM #5 Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 14,597 Thanks: 1038 Well...good luck; if you want a clear answer, ask a clear question, preferably with a FULL example... April 18th, 2019, 11:23 AM #6 Math Team Joined: Jul 2011 From: Texas Posts: 2,949 Thanks: 1555 Quote:  Using the t1-83 plus TVM solver or similar tool. create complete tables like the following to see which option is the most effective investment. the choices are monthly payments of$200 at annual interest rate 5% for 10 years(option A)
N = total number of payments
I = interest rate
PV = present value (0 in this case)
PMT = payment amount (negative, because it's coming out of your pocket)
FV = future value (what you are calculating)
P/Y = number of payments per year
C/Y = number of compounding periods per year
Attached Images
 TVM.jpg (60.1 KB, 3 views)

 April 19th, 2019, 01:22 PM #7 Member   Joined: Jan 2019 From: tornto Posts: 48 Thanks: 0 thanks skeeter thats what i want to know ... but why did you use in N 120 . I thought its 12 here what i did with tvm solver HERE IS MY TVM SOLVER ANSWER PLEASE CORRECT ME IF WRONG. PLEASE POINT WHERE IS THE ERROR https://imgur.com/a/wHxQgXW
April 19th, 2019, 01:28 PM   #8
Member

Joined: Jan 2019
From: tornto

Posts: 48
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Quote:
 Originally Posted by denis are you asking how to use a "certain calculator", or how to develop financial formulas?
using tvm calculator not formulas

 April 19th, 2019, 01:32 PM #9 Math Team     Joined: Jul 2011 From: Texas Posts: 2,949 Thanks: 1555 N is total number of payments ... should be 120 (10 years X 12 payments each year) PMT is payment amount ... should be -200 P/Y is payments per year ... should be 12 C/Y is compounding periods per year ... should be 12 if interest is compounded monthly
April 19th, 2019, 01:53 PM   #10
Member

Joined: Jan 2019
From: tornto

Posts: 48
Thanks: 0

Quote:
 Originally Posted by skeeter N is total number of payments ... should be 120 (10 years X 12 payments each year) PMT is payment amount ... should be -200 P/Y is payments per year ... should be 12 C/Y is compounding periods per year ... should be 12 if interest is compounded monthly

man you are the best thanks soooooooooooooooooo much

The question states compounding period so it should be C/Y 1 right?

i will solve the rest and post it to be checked

again thanks much for your time.

Last edited by yorkmanz; April 19th, 2019 at 02:00 PM.

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