Texas Instruments Calculator Benutzerhandbuch
Time-Value-of-Money and Amortization Worksheets
35
Answer:
Your monthly payment is $26.72.
Example: Saving With Monthly Deposits
Note: Accounts with payments made at the beginning of the period are
referred to as annuity due accounts. Interest begins accumulating earlier
and produces slightly higher yields.
referred to as annuity due accounts. Interest begins accumulating earlier
and produces slightly higher yields.
You invest $200 at the beginning of each month in a retirement plan.
What will the account balance be at the end of 20 years, if the fund earns
an annual interest of 7.5 % compounded monthly, assuming beginning-
of-period payments?
What will the account balance be at the end of 20 years, if the fund earns
an annual interest of 7.5 % compounded monthly, assuming beginning-
of-period payments?
Return to standard-calculator
mode
mode
& U
0.00
Enter number of payments using
payment multiplier.
payment multiplier.
2
& Z ,
N=
24.00
Enter interest rate.
20
-
I/Y=
20.00
Enter loan amount.
525
.
PV=
525.00
Compute payment.
% /
PMT=
-26.72
To
Press
Display
Set all variables to defaults.
& } !
RST
0.00
Set payments per year to 12.
& [
12
!
P/Y=
12.00
Set beginning-of-period
payments.
payments.
& ] & V
BGN
Return to standard-calculator
mode.
mode.
& U
0.00
To
Press
Display