Defining the payment method, Pmt_end – Texas Instruments TI-84 User Manual

Page 407

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Chapter 14: Applications

404

dbd(date1,date2)

You can enter

date1

and

date2

in either of two formats.

•

MM.DDYY (United States)

•

DDMM.YY (Europe)

The decimal placement differentiates the date formats.

Defining the Payment Method

Defining the Payment Method

Defining the Payment Method

Defining the Payment Method

Pmt_End

and

Pmt_Bgn

(menu items

E

and

F

) specify a transaction as an ordinary

annuity or an annuity due. When you execute either command, the TVM Solver is
updated.

Pmt_End

Pmt_End

Pmt_End

Pmt_End

Pmt_End

(payment end) specifies an ordinary annuity, where payments occur at the end

of each payment period. Most loans are in this category.

Pmt_End

is the default.

Pmt_End

On the TVM Solver’s

PMT:END BEGIN

line, select

END

to set

PMT

to ordinary annuity.

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