
Originally Posted by Woof
Time value of Any suggestions?
Actually, the builtin calculator can "easily" perform time value of money calculations. Unfortunately, it was not real obvious to me until Barky81 posted. There is a menu option for the advanced financial calculator. If, for example, you are solving for a monthly payment, you enter the following:
Number of Payments: Enter number, then press N
Interest Rate: Enter number, press "%", then press APR
Present Value: Enter Number, then press PV
To solve for the PMT, press EDIT on the main screen, which will take you to a separate TVM screen. Next, erase any number currently in the "Pmt" line, then press Solve, and your answer is filled in on the "Pmt" line. From the TVM screen, you can also alter the scenarions for which you are solving.
There may be a way to get this answer from the main screen, but I haven't yet figured it out. So if you are just doing basic TVM calculations, save yourself the $15$50 you'd spend on shareware.
Scott


