The statement Amortiz will appear on the Home screen. Obviously, if you want only one payment, that number will be entered for both the first and last payment number. If you want a more accurate answer, scroll to the number of interest and a more accurate value will be displayed below the tables containing the lists.
NOTE: If anyone has a better idea on this program, send me an e-mail about it. Loans: Loans, car loans for example, have the same structure as ordinary annuities. Let's do an example to demonstrate that. Find the monthly payment. Interest is paid semiannually. What can you expect to pay for the bond? It's important to realize that the cost is based on the interest to maturity. What is the interest to maturity for the bond? Your answer should be 7.
The default is 1. How much would you be willing to pay for it if you wanted 10 percent interest per year? Enter the numbers starting with in list list1. Make sure there are no entries following your list, not even zeros. You will need to enter the frequency for each of the CFO values, even if it is 1.
Your entry then would be npv 10, 0 list1, list2. Rather than using the TMV solver for each cash flow and adding them up, just multiply the answer from Ex. What is the NPV? CFO is now The cash outflow is negative. Texas Instruments makes no warranty, either express or implied, including but not limited to any implied warranties of merchantability and fitness for a particular purpose, regarding any programs or book materials and makes such materials available solely on an "as-is" basis.
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