ATAR Notes: Forum
VCE Stuff => VCE Mathematics => VCE Mathematics/Science/Technology => VCE Subjects + Help => VCE General & Further Mathematics => Topic started by: Noblesse on September 29, 2008, 10:13:09 am
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Hey guys,
This is one program that is making me confused. Could anyone give me a concise run-down on how to use the TVM solver and what you would use it for? It would be very much appreciated :D
Thanks guys :D
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The TVM Solver is the program to use instead of the Annuities formula that is no longer specifically in the study design. It applies only to the Business Mathematics module in Further Maths.
It is relevant for financial calculations where an investment changes in value after regular additions due to interest or an outstanding loan changes in value after regular repayments.
You input all the relevant data except one The TVM Solver will then calculate the missing value based upon the other data.
Look at some examples from past Assessment reports for exam 2 on the VCAA website.