Ti83 TVM Time Value of Money 

The Ti83 has finance functions. In the Ti83plus, the finance functions are located in the Apps (applications) menu. You can download other functions for the Ti83plus. 

You want to purchase a home for $150,000 with a traditional 30 year loan with monthly payments at the end of each month. What is your monthly payment at 8% compounded monthly? How much would you pay for the house?  
Press 2nd FINANCE 1 ENTER


Press 2nd QUIT 2nd FINANCE 2 (tvm_Pmt)  
Your
payment (or rent) would be $1,100.64. 12 months × 30
years = 360 payments You pay 360 × 1,100.64 = $396,230.40 for the house. Use your calculator or the Annuity Calculator above
to find the monthly payment at 7%. 
Tutorials and Applets by
Joe McDonald
Community College of Southern Nevada