TI ba-35 solar Quick Reference Card
30
BA35ENG.DOC BA-35 Solar Quick Reference Guide
Pat Hatcher Revised: 05/08/00 1:13 PM Printed:
05/08/00 1:13 PM Page 30 of 38
Pat Hatcher Revised: 05/08/00 1:13 PM Printed:
05/08/00 1:13 PM Page 30 of 38
Common Keystroke Sequences
Monthly Payment for a Home Mortgage
Purpose: To find the amount of the monthly
payment on a mortgage with end-of-month
payments (ordinary annuity).
payment on a mortgage with end-of-month
payments (ordinary annuity).
Values You Supply:
§
mortgage amount
§
annual interest rate
§
number of years in mortgage
Procedure
Key
Sequence
Sequence
Clear calculator and mode
registers; select two decimal
places.
registers; select two decimal
places.
-
-
0
b
0
c
2
Press
2
until FIN is
displayed.
2
Press
0
a
until Begin is
not displayed.*
0
a
Enter mortgage amount.
mortgage
K
Calculate interest rate.
rate
0
h
Enter interest rate.
I
Calculate number of payment
periods.
periods.
years
0
i
Enter number of payment
periods.
periods.
C
Compute monthly payment.
1
M
*
If payments occur at the beginning of each
month (annuity due), press
month (annuity due), press
0
a
until
Begin is displayed.