TI-84 Plus

Time Value of Money

1.
Press APPS
2.
Select Finance
3.
Select TVM Solver
4.
Enter variables using ENTER key
5.
Move cursor to the unknown variable and press ALPHA SOLVE

NPV (cash flows)

Example: I=14.87% CF0=-50, CF1=100, CF2=100, CF3=100, CF4=150, CF5=200
0 14.87% 1
2
3
4
5
|-----------------|-----------------|-----------------|-----------------|-----------------|
-50
100
100
100
150
200

1.
2.
3.

Press APPS
Select Finance
Select npv(

Method 1 (key in individual cash flow)

npv(I,CF0,{CF1,CF2,CF3}) ENTER
e.g.
npv(14.87,-50,{100,100,100,150,200}) ENTER
Answer is 364.97
Note: use (-) key to enter negative values, not the minus operator
Method 2 (use cash flow frequencies)
npv(I,CF0,{CF1,CF2,CF3},{CF1freq,CF2freq,CF3freq}) ENTER
e.g.
npv(14.87,-50,{100,150,200},{3,1,1}) ENTER
Method 3 (create a cash flow list)
First store the cash flow in a list:
{CF1,CF2,CF3} STO 2ND L1 ENTER
npv(I,CF0,L1) ENTER
e.g.
{100,100,100,150,200} STO 2NDL1 ENTER
npv(14.87,-50, 2ND L1) ENTER

Interest Rates Conversion

1.
2.
3.

Press APPS
Select Finance
Select Eff( or Nom(

Eff(I,C/Y) ENTER
e.g.
Eff(5,4) ENTER
Computing the effective interest rate if the nominal interest rate is 5% ,
compounded 4 times a year (quarterly).
Answer: 5.095%
Nom(I,C/Y) ENTER
e.g.
Nom(5,4) ENTER
Computing the nominal interest rate, if the effective interest rate is 5%,
compounded 4 times a year (quarterly).
Answer: 4.909%

IRR (cash flows)

Example: CF0=-350, CF1=100, CF2=100, CF3=100, CF4=150, CF5=200
0
IRR
1
2
3
4
5
|-----------------|-----------------|-----------------|-----------------|-----------------|
-350
100
100
100
150
200

1.
2.
3.

Press APPS
Select Finance
Select irr(

Method 1 (key in individual cash flow)

irr(CF0,{CF1,CF2,CF3}) ENTER
e.g.
irr(-350,{100,100,100,150,200}) ENTER
Answer is 21.52%
Method 2 (use cash flow frequencies)
irr(CF0,{CF1,CF2,CF3}) ENTER
e.g.
irr(-350,{100,150,200},{3,1,1}) ENTER
Method 3 (create a cash flow list)
First store the cash flow in a list:
{CF1,CF2,CF3,} STO 2ND L1 ENTER
Irr(CF0,L1) ENTER
e.g.
{100,100,100,150,200} STO 2NDL1 ENTER
irr(-350,2NDL1) ENTER