Cash flow, Interest rate conversions – Texas Instruments TI-84 User Manual

Page 642

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Appendix B: Reference Information

639

Cash Flow

Cash Flow

Cash Flow

Cash Flow

where:

Net present value is dependent on the values of the initial cash flow (

CF

0

), subsequent

cash flows (

CFj

), frequency of each cash flow (

nj

), and the specified interest rate (

i

).

irr

() = 100

×

i

, where

i

satisfies

npv

() = 0

Internal rate of return is dependent on the values of the initial cash flow (

CF

0) and

subsequent cash flows (

CFj

).

i

=

I

%

÷ 100

Interest Rate Conversions

Interest Rate Conversions

Interest Rate Conversions

Interest Rate Conversions

4

Eff

=

where:

x

=

.01

× Nom ÷ CP

npv( )

CF

0

CF

j

1

i

+

(

)

-S

j

1

1

1

i

+

(

)

-n

j

(

)

i

-----------------------------------

j

1

=

N

+

=

S

j

n

i

i

1

=

j

j

1

0

j

0

=

=

100

(e

CP

x

1

+

(

)

ln

Ч

1)

Ч

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