The Installment Loan Formula: Determining Remaining Balance

The Installment Loan Formula: Determining Remaining Balance

– WELCOME TO A LESSON ON HOW TO DETERMINE THE REMAINING LOAN BALANCE AFTER A CERTAIN NUMBER OF YEARS USING THE LOAN FORMULA. WITH LOANS IT IS OFTEN DESIRABLE TO DETERMINE WHAT THE REMAINING LOAN BALANCE WILL BE AFTER SOME NUMBER OF YEARS. FOR EXAMPLE, IF YOU PURCHASE A HOME AND PLAN TO SELL IT

Annuity Formula and Loan Formula: Solving for Time

Annuity Formula and Loan Formula: Solving for Time

– WELCOME TO A LESSON ON SOLVING FOR TIME IN THE ANNUITY AND LOAN FORMULAS USING COMMON LOGARITHMS. THIS LESSON DOES ASSUME YOU’VE ALREADY WATCHED THE VIDEO ON HOW TO SOLVE EXPONENTIAL EQUATIONS USING COMMON LOGARITHMS. OFTEN WE ARE INTERESTED IN HOW LONG IT WILL TAKE TO ACCUMULATE MONEY OR HOW LONG WE NEED TO

The Installment Loan Formula

The Installment Loan Formula

– WELCOME TO A LESSON ON THE LOAN FORMULA. THIS LESSON IS ABOUT CONVENTIONAL LOANS, ALSO CALLED AMORTIZED LOANS OR INSTALLMENT LOANS. EXAMPLES INCLUDE AUTO LOANS AND HOME MORTGAGES. THE TECHNIQUES IN THIS LESSON DO NOT APPLY TO PAYDAY LOANS, ADD-ON LOANS, OR OTHER LOAN TYPES WHERE THE INTEREST IS CALCULATED UPFRONT, THOUGH I DO

Calculating Payments for Future Value - TI-83/84 141-34

Calculating Payments for Future Value – TI-83/84 141-34

this video is provided as supplementary material for courses taught at Howard Community College and in this video I'm going to show how to calculate payments with the future value formula I'm going to do this with a ti-83 or ti-84 calculator here's the problem we're working with the problem says you want to start

Calculating Payments for Present Value - TI-83/84  141.36

Calculating Payments for Present Value – TI-83/84 141.36

this video is provided as supplementary material for courses taught at Howard Community College and in this video I'm going to show how to calculate payments with the present value formula on a ti-83 or 84 calculator so let's review the present value formula to begin with the formula says that PV which is the