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April 16th, 2019, 06:54 PM   #1
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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
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April 17th, 2019, 05:42 AM   #2
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https://www.geogebra.org/m/mWpV8Xq3
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April 17th, 2019, 06:23 AM   #3
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Are you asking how to use a "certain calculator",
or how to develop financial formulas?
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April 17th, 2019, 06:34 PM   #4
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Quote:
Originally Posted by Denis View Post
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
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April 17th, 2019, 07:02 PM   #5
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Well...good luck; if you want a clear answer,
ask a clear question, preferably with a FULL example...
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April 18th, 2019, 11:23 AM   #6
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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
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File Type: jpg TVM.jpg (60.1 KB, 3 views)
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April 19th, 2019, 01:22 PM   #7
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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
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April 19th, 2019, 01:28 PM   #8
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Quote:
Originally Posted by denis View Post
are you asking how to use a "certain calculator",
or how to develop financial formulas?
using tvm calculator not formulas
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April 19th, 2019, 01:32 PM   #9
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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
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April 19th, 2019, 01:53 PM   #10
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Quote:
Originally Posted by skeeter View Post


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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