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Activity Overview |
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In this activity, students carry out financial computations, involving annuity, and the future value of annuities. Students also deal with computations involving sinking funds.
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Before the Activity |
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Select TVM Solver from the calculator menu
See the attached activity PDF file for detailed instructions for this activity
Print page 17-19 from the attached PDF file for your class
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During the Activity |
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Distribute the pages to the class.
Follow the Activity procedures:
Calculate the future value of an annuity using N, I%, PV, PMT, P/Y, and C/Y values
Calculate the monthly payments to be made to generate a specified future yield using N, I%, PV, FV, P/Y, and C/Y values
Calculate the future value of deposits made quarterly using N, I% (compounded quarterly), PV, PMT, P/Y, and C/Y values
Calculate the amount accumulated in a sinking fund that earns interest compounded monthly
Calculate the monthly payments to be made into a sinking fund to accumulate a specific value in a certain period of time
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After the Activity |
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Review student results:
As a class, discuss questions that appeared to be more challenging
Re-teach concepts as necessary
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Other Downloads |
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view standards alignment
view textbook alignment
Subject Area:
Math : Math General : General
Author:
Texas Instruments
Level:
9-12
Activity Time:
60 Minutes
Device:
TI-83 Plus Family, TI-84 Plus Family
Apps:
Finance
Software:
Accessories:
Other:
This is Activity 7 from the EXPLORATIONS Book:
Time, Value, Money: Applications on the TI-83.
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