Online Test Banks
Score higher
See Online Test Banks
Learning anything is easy
Browse Online Courses
Mobile Apps
Learning on the go
Explore Mobile Apps
Dummies Store
Shop for books and more
Start Shopping

How to Graph an Amortization Table on the TI-84 Plus

With the TVM Solver, you can graph an amortization table on your TI-84 Plus calculator. An amortization schedule shows the amount of interest and principal for each periodic payment made over the life of a loan. An amortization schedule doesn’t usually fit on one page. Wouldn’t it be great to see a visual snapshot of a loan amortization showing the remaining balance for each period of the loan?

The easiest way to graph an amortization table is by using a parametric graph. To graph an amortization of the following problem, press [MODE] and change the mode to PARAMETRIC.

The average home price in Memphis, Tennessee, is $154,985. If the interest rate on a 30-year loan in 4.73%, what will the monthly payment be?

Press [Y=] and enter X1T=T. In Parametric mode, press


to enter T. Enter Y1T=bal(T).

To insert the balance command, press [APPS][ENTER][9] to insert the bal( command. See the first screen in the figure.


Press [WINDOW] and configure the window variables as shown in the second screen in the figure. Press [GRAPH] to view the graph of the amortization.

The x-value of the graph is the payment number and the y-value of the graph is the remaining balance. Press [TRACE] to take a closer look at your graph as shown in the third screen in the figure.

  • Add a Comment
  • Print
  • Share
blog comments powered by Disqus

Inside Sweepstakes

Win $500. Easy.