Cash flow – Texas Instruments TI-83 PLUS User Manual

Page 735

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background image

TI-83 Plus

Tables and Reference Information

732

where:

RND

= round the display to the number of decimal places

selected

RND12

= round to

12

decimal places

Balance, principal, and interest are dependent on the values of PMT, PV,

æ

, and

pmt1

and

pmt2

.

Cash Flow

=

+

+

+

=

N

j

n

S

j

i

i

i

CF

CF

npv

j

j

1

0

)

)

1

(

1

(

)

1

(

)

(

1

where:



=

=

=

0

0

1

1

j

j

n

S

j

i

i

j

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

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