Instructional worksheet to help students understand the TVM (Time - Value - Money) finance solver on TI-Nspire. Explanations include when entries should be positive / negative, how to write percentages and the meaning behind each of the entries.
Use the TVM Solver to correctly amortise loans and calculations involving investments and annuities.
- Number of Payments (N)
- Interest Rate (I%)
- Principal Value (PV)
- Payment Amount (PMT)
- Future Value (FV)
- Payments Per Year (PpY)
- Compounding Periods Per Year (CpY)
- Payment at Time (PmtAt)
About the Lesson
This worksheet / activity takes into account examiner feedback about typical errors by students when using the TVM (Time-Value-Money) finance solver. Students are provided with valuable information about when a value should be positive/negative, how to write percentages and the meaning behind each entry.
A companion video in the Student Examination Series also exists to support this document and valuable TI-Nspire feature. Check out the student exam readiness series in the student section of the website.