{"appState":{"pageLoadApiCallsStatus":true},"articleState":{"article":{"headers":{"creationTime":"2016-03-26T13:56:29+00:00","modifiedTime":"2016-03-26T13:56:29+00:00","timestamp":"2022-09-14T18:12:43+00:00"},"data":{"breadcrumbs":[{"name":"Technology","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33512"},"slug":"technology","categoryId":33512},{"name":"Electronics","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33543"},"slug":"electronics","categoryId":33543},{"name":"Graphing Calculators","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33551"},"slug":"graphing-calculators","categoryId":33551}],"title":"How to Graph an Amortization Table on the TI-84 Plus","strippedTitle":"how to graph an amortization table on the ti-84 plus","slug":"how-to-graph-an-amortization-table-on-the-ti-84-plus","canonicalUrl":"","seo":{"metaDescription":"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 ","noIndex":0,"noFollow":0},"content":"<p>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?</p>\n<p>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.</p>\n<blockquote>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?</blockquote>\n<p>Press [Y=] and enter <b>X</b><b><sub>1T</sub></b><b>=T</b>. In Parametric mode, press</p>\n<img src=\"https://www.dummies.com/wp-content/uploads/400772.image0.jpg\" width=\"65\" height=\"20\" alt=\"image0.jpg\"/>\n<p>to enter T. Enter <b>Y</b><b><sub>1T</sub></b><b>=bal(T)</b>.</p>\n<p>To insert the balance command, press [APPS][ENTER][9] to insert the <b>bal(</b> command. See the first screen in the figure.</p>\n<img src=\"https://www.dummies.com/wp-content/uploads/400773.image1.jpg\" width=\"535\" height=\"161\" alt=\"image1.jpg\"/>\n<p>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.</p>\n<p>The <i>x</i>-value of the graph is the payment number and the <i>y</i>-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.</p>","description":"<p>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?</p>\n<p>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.</p>\n<blockquote>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?</blockquote>\n<p>Press [Y=] and enter <b>X</b><b><sub>1T</sub></b><b>=T</b>. In Parametric mode, press</p>\n<img src=\"https://www.dummies.com/wp-content/uploads/400772.image0.jpg\" width=\"65\" height=\"20\" alt=\"image0.jpg\"/>\n<p>to enter T. Enter <b>Y</b><b><sub>1T</sub></b><b>=bal(T)</b>.</p>\n<p>To insert the balance command, press [APPS][ENTER][9] to insert the <b>bal(</b> command. See the first screen in the figure.</p>\n<img src=\"https://www.dummies.com/wp-content/uploads/400773.image1.jpg\" width=\"535\" height=\"161\" alt=\"image1.jpg\"/>\n<p>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.</p>\n<p>The <i>x</i>-value of the graph is the payment number and the <i>y</i>-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.</p>","blurb":"","authors":[{"authorId":9554,"name":"Jeff McCalla","slug":"jeff-mccalla","description":" <p><b>Jeff McCalla</b> is a mathematics teacher at St. Mary's Episcopal School in Memphis, TN. He cofounded the TI-Nspire SuperUser group, and received the Presidential Award for Excellence in Science & Mathematics Teaching.</p> <p><b>C.C. Edwards</b> is an educator who has presented numerous workshops on using TI calculators.</p>","hasArticle":false,"_links":{"self":"https://dummies-api.dummies.com/v2/authors/9554"}},{"authorId":9555,"name":"C. C. Edwards","slug":"c-c-edwards","description":" <p><b>Jeff McCalla</b> is a mathematics teacher at St. Mary's Episcopal School in Memphis, TN. He cofounded the TI-Nspire SuperUser group, and received the Presidential Award for Excellence in Science & Mathematics Teaching.</p> <p><b>C.C. Edwards</b> is an educator who has presented numerous workshops on using TI calculators.</p>","hasArticle":false,"_links":{"self":"https://dummies-api.dummies.com/v2/authors/9555"}}],"primaryCategoryTaxonomy":{"categoryId":33551,"title":"Graphing Calculators","slug":"graphing-calculators","_links":{"self":"https://dummies-api.dummies.com/v2/categories/33551"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[{"articleId":294935,"title":"TI-84 Plus CE Graphing Calculator For Dummies Cheat Sheet","slug":"ti-84-plus-ce-graphing-calculator-for-dummies-cheat-sheet","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/294935"}},{"articleId":257053,"title":"How to Find Standard Deviation on the TI-84 Graphing Calculator","slug":"how-to-find-standard-deviation-on-the-ti-84-graphing-calculator","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/257053"}},{"articleId":209964,"title":"How to Enable and Disable the TI-TestGuard App on a Class Set of TI-84 Plus Calculators","slug":"how-to-enable-and-disable-the-ti-testguard-app-on-a-class-set-of-ti-84-plus-calculators","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209964"}},{"articleId":209963,"title":"How to Download and Install the TI-TestGuard App on the TI-84 Plus","slug":"how-to-download-and-install-the-ti-testguard-app-on-the-ti-84-plus","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209963"}},{"articleId":209962,"title":"How to Store a Picture on the TI-84 Plus","slug":"how-to-store-a-picture-on-the-ti-84-plus","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209962"}}],"fromCategory":[{"articleId":294935,"title":"TI-84 Plus CE Graphing Calculator For Dummies Cheat Sheet","slug":"ti-84-plus-ce-graphing-calculator-for-dummies-cheat-sheet","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/294935"}},{"articleId":257053,"title":"How to Find Standard Deviation on the TI-84 Graphing Calculator","slug":"how-to-find-standard-deviation-on-the-ti-84-graphing-calculator","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/257053"}},{"articleId":209964,"title":"How to Enable and Disable the TI-TestGuard App on a Class Set of TI-84 Plus Calculators","slug":"how-to-enable-and-disable-the-ti-testguard-app-on-a-class-set-of-ti-84-plus-calculators","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209964"}},{"articleId":209962,"title":"How to Store a Picture on the TI-84 Plus","slug":"how-to-store-a-picture-on-the-ti-84-plus","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209962"}},{"articleId":209963,"title":"How to Download and Install the TI-TestGuard App on the TI-84 Plus","slug":"how-to-download-and-install-the-ti-testguard-app-on-the-ti-84-plus","categoryList":["technology","electronics","graphing-calculators"],"_links":{"self":"https://dummies-api.dummies.com/v2/articles/209963"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":281880,"slug":"ti-84-plus-graphing-calculator-for-dummies-2nd-edition","isbn":"9781119887607","categoryList":["technology","electronics","graphing-calculators"],"amazon":{"default":"https://www.amazon.com/gp/product/1119887607/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"https://www.amazon.ca/gp/product/1119887607/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"http://www.tkqlhce.com/click-9208661-13710633?url=https://www.chapters.indigo.ca/en-ca/books/product/1119887607-item.html&cjsku=978111945484","gb":"https://www.amazon.co.uk/gp/product/1119887607/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"https://www.amazon.de/gp/product/1119887607/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":null,"width":0,"height":0},"title":"TI-84 Plus CE Graphing Calculator For Dummies, 3rd Edition","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><b><b data-author-id=\"9554\">Jeff McCalla</b></b> is a mathematics teacher at St. Mary's Episcopal School in Memphis, TN. 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How to Graph an Amortization Table on the TI-84 Plus

By: Jeff McCalla and C. C. Edwards and

Updated: 03-26-2016

From The Book: TI-84 Plus CE Graphing Calculator For Dummies, 3rd Edition

TI-84 Plus CE Graphing Calculator For Dummies, 3rd Edition

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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 X_1T=T. In Parametric mode, press

to enter T. Enter Y_1T=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.

About This Article

This article is from the book:

TI-84 Plus CE Graphing Calculator For Dummies, 3rd Edition ,

About the book author:

Jeff McCalla is a mathematics teacher at St. Mary's Episcopal School in Memphis, TN. He cofounded the TI-Nspire SuperUser group, and received the Presidential Award for Excellence in Science & Mathematics Teaching.

C.C. Edwards is an educator who has presented numerous workshops on using TI calculators.

This article can be found in the category:

Graphing Calculators ,