Texas Instruments TI-83 PLUS - Manual (Page 444)

TI-83 Plus Applications 441
Press 12
Í to store 12 payments per year
to P/Y and 12 compounding periods per year to
C/Y . Setting P/Y to 12 will compute an annual
percentage rate (compounded monthly) for æ .
Press † Í to select PMT:END , which
indicates that payments are due at the end of
each period.
4. Press } } } } } } to move the cursor to
the æ prompt. Press ƒ \ to solve for
æ . What APR should you look for?