TVM What
...—At a Glance...
Display:
—100.00
11,395.08
It is not necessary to reenter ТУМ values for each example.
Using the values you just entered (page 14), how much can
you borrow if you want a payment of $100.00?
Description:
Enters new payment
amount. (Money paid
out is negative.)
Calculates amount you
can borrow.
How much can you borrow at a 9.5% interest rate?
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€
9.50
11,892.67
10.00
14,000.00
—122.86
Enters new interest
rate.
Calculates new present
value for $100.00
payment and 9.5%
interest.
Reenters original
interest rate.
Reenters original
present valuc.
Calculates original
payment.
AtaGlance..
15