Thursday, January 14, 2010

Tvm Calculator Anyone Want To Help Out An Idiot Like Me With A Simple Calculator Question?

Anyone want to help out an idiot like me with a simple calculator question? - tvm calculator

in the TVM Solver on a TI-83 Plus

I know that the interest rate% =

But what have the N, PV, PMT, FV, and P / Y and C / Y? when I go to see the monthly payment because the interest rates, payment (if applicable), and the number of months.

1 comments:

mule said...

PV = Present Value.
PMT = payment amount.
FV = future value.
P / Y = frequency of payment (1 = annual, monthly = 12).
C / Y = mixture of frequencies.
N = (period, depending on i)

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