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TI 83. 83 Plus, and 84 Plus Finance Menu Descriptions | TVMCalcs.com

In this section we will discuss several of the other financial functions that are built in to the TI 83, TI 83 Plus
, and TI 84 Plus Finance menu. Please note that all of the tvm_ functions take arguments in exactly the
same order as they are presented in the TVM Solver. For example, you can use the tvm_FV function as
follows:

tvm_FV(N, I%, PV, PMT, P/Y, C/Y)

Notice that the tvm_FV function does not have an FV argument because you are solving for the FV. The
other functions work similarly. Keep in mind that you must leave out the variable that you are solving for.
Also, you can omit variables, but the function will then use the value that is stored in the TVM Solver.
Therefore, if you are going to use these tvm_ functions, you should supply all of the arguments (except,
perhaps, P/Y and C/Y) setting the unused arguments to zero. In most cases, you will probably use the
TVM Solver rather than the tvm_ functions.

The table below shows the functions in the Finance menu and what they do:

TI 83, 83 Plus and 84 Plus Finance Function Menu


Function Purpose
TVM Description: Brings up the TVM Solver. Allows you to perform basic time value problems
 
Solver involving lump sums and annuities.

Description: The tvm_Pmt function computes the annuity payment amount. This works exactly
like solving for in the TVM Solver. If you do not supply any arguments, it will return the value that
tvm_Pmt  is stored in in the TVM Solver.

Usage: tvm_Pmt(N, I%, PV, FV, P/Y, C/Y)

Description: The tvm_I% function computes the per period interest rate for an annuity, lump
sum, or a combination. If you do not supply any arguments, it will return the value that is stored
tvm_I%  in in the TVM Solver.

Usage: tvm_I%(N, PV, FV, P/Y, C/Y)

Description: The tvm_PV function calculates the present value of either lump sums, annuities,
or a combination. If you don't supply any arguments, it will return the value in in the TVM Solver.
tvm_PV  
Usage: tvm_PV(N, I%, PMT, FV, P/Y, C/Y)

Description: The tvm_N function calculates the number of periods of either lump sums,
annuities, or a combination. If you don't supply any arguments, it will return the value in in the
tvm_N  TVM Solver.

Usage: tvm_N(I%, PV, PMT, FV, P/Y, C/Y)

Page 1 of 3 Description: The tvm_FV function calculates the present value of either lump sums,
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Description: The tvm_FV function calculates the present value of either lump sums, annuities,
tvm_FV  or a combination. If you don't supply any arguments, it will return the value in in the TVM Solver.

Usage: tvm_Pmt(N, I%, PV, PMT, P/Y, C/Y)

Description: Calculates the net present value of a set of cash flows. Note that {Cash Flow
Counts} is an optional array of cash flow frequencies. IO is the initial outlay.
npv  
Usage: NPV(I%, IO, {Cash Flows}, {Cash Flow Counts})

Description: Calculates the internal rate of return of a set of cash flows. Note that {Cash Flow
Counts} is an optional array of cash flow frequencies. IO is the initial outlay.
irr  
Usage: IRR(IO, {Cash Flows}, {Cash Flow Counts})

Description: Calculates the remaining balance after the supplied period number. Note: You
must enter the loan arguments (N, I%, PV, PMT, and perhaps FV) into the TVM Solver before
bal  using this function.

Usage: bal(period number)

Description: Calculates the total principal paid on a loan between the beginning and ending
periods. Note: You must enter the loan arguments (N, I%, PV, PMT, and perhaps FV) into the
TVM Solver before using this function. Begin Period and End Period can be the same to get the
ΣPrn  
principal paid in any single period.

Usage: ΣPrn(Begin Period, End Period)

Description: Calculates the total interest paid on a loan between the beginning and ending
periods. Note: You must enter the loan arguments (N, I%, PV, PMT, and perhaps FV) into the
TVM Solver before using this function. Begin Period and End Period can be the same to get the
ΣInt  
principal paid in any single period.

Usage: ΣInt(Begin Period, End Period)

Description: Converts an effective annual rate into a simple (nominal) annual rate of interest.
Nom  
Usage: Nom(effective annual rate, periods per year)

Description: Converts a simple annual rate (nominal) into an effective annual rate of interest.
Eff  
Usage: Eff(simple annual rate, periods per year)

Page 2 of 3 Description: Calculates the number of days between two dates. Dates canJun
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Description: Calculates the number of days between two dates. Dates can be entered in either
MM.DDYY or DDMM.YY formats. Note that you cannot specify a day count basis (as for
dbd  financial instruments). This function is equivalent to an actual/actual day count basis.

Usage: dbd(Begin Date, End Date)

Description: Sets the calculator so that it assumes regular (end of period) annuity payments.
This will change the TVM Solver setting.
Pmt_End  
Usage: Pmt_End

Description: Sets the calculator so that it assumes annuity payments occur at the beginning of
the period. This will change the TVM Solver setting.
Pmt_Bgn  
Usage: Pmt_Bgn

This document is Copyright 1995-2015 by Timothy R. Mayes, Ph.D.

Page 3 of 3 Jun 28, 2015 12:21:21PM MDT

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