Roadmap for Chapter 5

Return to Roadmap Pages

The detailed notes page does not provide much in the way of explanations for the material in Chapter 5. The two pages for which there are links on the "Notes" page give examples of using two different programs, SIMPFIN and FINANCL, on the TI-83/84 calculators to do a range of financial calculations. The latter also demonstrates doing financial computations using the built-in TVM feature. We can link to the pages here:
  1. Calculations of simple interest: Simple Interest and the SIMPFIN program
  2. Calculations related to compound interest and more: Using FINANCL and TVM.
On the other hand, here is a listing of the topics covered in Chapter 5. Later, as time permits, some of these will be changed to hold links to web pages detailing the specific topic.
  1. Simple interest formula: I = P*R*T
  2. Present value, Future value
  3. Multi-letter Variables: FV = PV + I or FV = PV(1+R*T)
  4. Solving for each variable
  5. Compound Interest
  6. Effective rate, a.k.a. APR
  7. Using the FINANCL program
  8. Using TVM (time value of money)
  9. Annuities
  10. Loans
  11. Ammortization schedules

Return to Roadmap Pages
©Roger M. Palay     Saline, MI 48176     January, 2017