
Future Value of Annuity Using TI-84 TVM Solver

Interactive Video
•
Mathematics, Computers
•
9th - 12th Grade
•
Hard

Lucas Foster
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main objective of using the TI-84 TVM Solver in this tutorial?
To find the interest rate of an annuity
To determine the future value of an annuity
To compute the number of payments in an annuity
To calculate the present value of an annuity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which menu option should you select first to access the TVM Solver on a TI-84 calculator?
Math
Finance
Stat
Graph
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the number of compounding periods (N) calculated for annually compounded interest over 30 years?
30 times 12
30 times 1
30 times 2
30 times 4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What interest rate should be entered into the TVM Solver for this example?
8%
7%
6%
9%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the present value of the account at the start of the calculation?
$4,000
$8,000
$0
$400
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How should the annual payment of $4,000 be entered into the TVM Solver?
As a percentage
As a positive value
As a zero value
As a negative value
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does P/Y represent in the TVM Solver settings?
Profit per year
Payments per year
Principal per year
Percentage per year
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