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TI-83 Plus Applications 461
Defining the Payment Method
Pmt_End
and
Pmt_Bgn
(menu items
E
and
F
) specify a transaction as an
ordinary annuity or an annuity due. When you execute either command,
the
TVM Solver
is updated.
Pmt_End
Pmt_End
(payment end) specifies an ordinary annuity, where payments
occur at the end of each payment period. Most loans are in this category.
Pmt_End
is the default.
Pmt_End
On the
TVM Solver
’s
PMT:END BEGIN
line, select
END
to set
PMT
to
ordinary annuity.
Pmt_Bgn
Pmt_Bgn
(payment beginning) specifies an annuity due, where payments
occur at the beginning of each payment period. Most leases are in this
category.
Pmt_Bgn
On the
TVM Solver
’s
PMT:END BEGIN
line, select
BEGIN
to set
PMT
to
annuity due.