1.] Hill] B Interest
Print-iiml@is the amount of money invested or loaned. [HIEFESQS the money eamed on an investment
or paid on a loan. Murmin is the contracted end date of an investment or a loan.
Simple interest is determined only' on Of
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For the regular payment (monthly. hue-weekly. etc.) optiom N =Tota1 Number of Regular Payments.
F_V = Remaining Amount to Pay Off. = Number of Regular Payments Er Year
Solve for the Term and Total Interest of a Loan with Regular Pay
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Reglar-Payment VS Single Payment For :-i _'5!'.;: -: i.
[% _-. Interest Rate
55-. .! Investment
Some Investments. such as gigs+ lock in E = Present Value (Use zero]
money for specied periods of ti
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The present 1ralue of an investment that earns compound interest can be determined using "Fl83 graphing
calculator or the formula
Determine the Present 1llnlue of Investments Earning Compound Interest