Texas Instruments TI-83 PLUS User Manual

Page 596

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TI-83 Plus

Activities

593

since the future value of a loan is 0 once it is paid in full. Enter

PMT

:

END

,

since payment is due at the end of a period.

3. Move the cursor onto the

PV=

prompt, and then press

ƒ

\

.

The present value, or mortgage amount, of the house is displayed at
the

PV=

prompt.

Now compare the graph of the amount of interest with the graph of the
amount of principal for each payment.

4. Press

z

. Set

Par

and

Simul

.

5. Press

o

. Turn off all functions and stat plots. Enter these equations

and set the graph styles as shown.

Note:

G

Prn(

and

G

Int(

are located on the

FINANCE menu

(

APPS 1:FINANCE

).

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