The tutor shows an example of how to price a bond. Example: Imagine the following scenario: a 20-yr $10K bond pays at 4% per year, compounded and paid semi-annually. However, realizing a present interest rate of only about 2.5%, a …
Math of finance: bond pricing, featuring the TI BA-35 Read more »
The tutor shows how to find the balance of a savings account after monthly deposits over a period of years, using the Texas Instruments BA-35. Example: $100 is deposited into a savings account each month for five years. If the …
Financial calculators: TI BA-35: finding account balance after regular deposits Read more »
The tutor shows how to use the Texas Instruments BA-35 to find the interest rate of a loan. Example: Suppose a loan is made for $750. Twenty months later, it is repaid with a lump sum of $880. What is …
Tutoring high school math, you don’t always see financial calculators; more often, you might see the TI-83 grapher. The tutor recalls the TI BA-35’s use in accounting courses…. The TI BA-35 is a classic among financial calculators. It’s got that …
Equivalent annual rate, continued: finding it on the TI BA-35 Read more »
Tutoring math, you’re often asked, “Will I ever use this in life?” About this particular topic, the math tutor responds, “I hope so.” Back in my October 16 post on mortgage payments, I opened the topic with the use of …