T.I. 83 Finance Help please!!!!!!!!!!!!!!!!!!!!!!?
Im taking Finance in school right now. I know there is an app on my T.I. 83 calculator and I have tried using it like the internet says but The answer I am getting on my calculator doesnt match the answer in the back of the book.
An example is: $1000/year for 10 yr at 10%/year compounded annually. Find the future value.
I put it in my calculator like this:
N:120 (10 yrs * 12 mos)
I%: .10
PV: -1000
PMT: 0
P/Y: 1
C/Y: 1
I get some huge number! Please tell me what Im doing wrong! the answer is suppose to be $15,937.42 according to the book.
Ive tried everything. Ive gone step by step numberous times by how the internet says too.
