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EL-9650/9600c Graphing Calculator
Notes
3-1
Save this formula.
2-1
Give the formula the name AMORT.
2-2
The monthly payment (P) is
$373.28.
Solve for the payment(P).
1-5
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( )
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Recall the amortization formula.
3-1
Enter the values: P = 300,
I = 0.01, N = 60
3-2
The amount of loan (L) is
$17550.28.
Solve for the loan (L).
3-3
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*
*
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With the Equation Editor, the EL-9650/9600c displays equations, even complicated
ones, as they appear in the textbook in easy to understand format. Also it is
easy to find the solution for unknown variables by recalling a stored equation
and giving values to the known variables in the Solver mode when using the
EL-9650/9600c.
1-4
Enter the values L=15,000,
I=0.09, N=48.
*
*
*
2nd F EXE
ENTER
ENTER ENTER
ENTER
ENTER
ENTER
ENTER ENTER ENTER
ENTERENTER
2nd F
2nd F
2nd F EXE
SOLVER
SOLVER
CL
15000
•09 4
8
C
AMORT
B
01
300
•01 61
0