Chapter 14: Applications
263
N, I%, PV, PMT, FV
Ú
,
æ
,
PV
,
PMT
, and
FV
are the five
TVM
variables. They represent the elements of common
financial transactions, as described in the table above.
æ
is an annual interest rate that is
converted to a per-period rate based on the values of
P/Y
and
C/Y
.
P/Y and C/Y
P/Y
is the number of payment periods per year in a financial transaction.
C/Y
is the number of compounding periods per year in the same transaction.
When you store a value to
P/Y
, the value for
C/Y
automatically changes to the same value. To
store a unique value to
C/Y
, you must store the value to
C/Y
after you have stored a value to
P/Y
.
The EasyData™ Application
The Vernier EasyData™ application by Vernier Software & Technology allows you to view and
analyze real-world data when the TI-84 Plus is connected to data collection devices such as Texas
Instruments CBR 2
é
, CBL 2
é
, Vernier LabPro
ê
, Vernier USB sensors, Vernier Go!
é
Motion, or
Vernier Motion Detector Unit. The TI-84 Plus comes with the EasyData™ App already installed.
Note:
The application will only work with Vernier auto-ID sensors when using CBL 2
é
and
Vernier LabPro
ê
.
The EasyData™ App will autolaunch on your TI-84 Plus if you plug in a USB sensor such as the
CBR 2
é
or Vernier USB Temperature sensor.
Steps for Running the EasyData
™
App
Follow these basic steps when using the EasyData™ App.
7: C/Y
Number of compounding periods/year
CALC VARS