Scenario 4 : Finding an unknown quantity from the TVM Solver
N � 5 I % � 6 PV ��24000 PMT � 0 FV � ? P / Y � 1 C / Y �1 PMT : END
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N � 5 I % � 6 PV ��24000 PMT � 0 FV � 0 P / Y � 1 C / Y �1 PMT : END
� You can set the unknown quantity to be zero in order to execute the program . In the above example , the future value of a compound interest problem is going to be found . You can set FV to be zero and then choose tvm _ FV to calculate the future value .
Scenario 5 : Finding an area under a curve and above the x-axis
� Apart from using the function MATH 9 , you can sketch the curve and use the function 2nd trace 7 , and then set the lower limits and the upper limits .
Scenario 6 : Finding probabilities in a Binomial distribution , in the form P ( X � or � or � c )
� You need to change the probability to the form P ( X � C ) , and then use the function 2nd vars B to choose binomcdf .