Getting started: financing a car – Texas Instruments TI-84 User Manual

Page 391

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Chapter 14: Applications

388

Getting Started: Financing a Car

Getting Started: Financing a Car

Getting Started: Financing a Car

Getting Started: Financing a Car

Getting Started is a fast-paced introduction. Read the chapter for details.

You have found a car you would like to buy. The car costs 9,000. You can afford
payments of 250 per month for four years. What annual percentage rate (APR) will make
it possible for you to afford the car?

2.

Select from list of functions.

1.

Press

z † ~ ~ ~ Í to set the fixed-decimal

mode setting to

2

. The TI-84 Plus will display all

numbers with two decimal places).

2.

Press

Œ Í to select

1:Finance

from the

APPLICATIONS

menu.

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