How to use the ti- 36 pro to calculate compound interest ?

The formula as you know is A = P ( 1 + (r / n)) ^ nt and the answer from my calculator as a check is $3173.75 saved total.

Here P is $2000, r is 0.08, n is 1 (times per year compounded), and t is 6

So you would key it in like this
1.08
^
6
=
*
2000
=

Hi there,

First make sure all previous amounts stored are cleared by pressing 2nd F MODE.
Then type in the original value 20 000 and press PV.
Type in the interest 13 and press I/Y.
(If i assume that the interest is compounded yearly my calculation is more simple)
press 5 and N
Press COMP FV and your answer will be - 36 848.70

(If I assume that the interest is compounded monthly, i need to input a little bit more data into my calculator)
Press 2nd F I/Y (to get to payments per year) and press 12 and ENT. Press ON.
Then press 5 and 2nd F N and then press N again.
Now calculate FV by pressing COMP FV which should give you - 38 177.13.

Take this value and subtract the PV from it to get the amount of interest earned.

Type solve again option on TI 36 pro.
Thats true, there is two solutions. See captured image below

Hi, perhaps this pdf helps:
http://education.ti.com/downloads/guidebooks/graphing/83p/83m$book-eng.pdf page 442,
Ronald

e^x is the 2nd function of the LN key, second from the right on the top row of the keyboard.

8000(1 + .07/12)^12*6

Hello,
Here is a link to the manual

http://education.ti.com/educationportal/downloadcenter/SoftwareDetail.do?website=US&tabId=2&appId=6129

Learn how to enter functions. Use the techniques learned to key in your compund interest formulas and obtain the results you want.

Hope it helps

Yes you can use it, here is the formula: Y= V(t+ (i/c))^(tc) V=amount put in, t=time, i=intrest rate, c= amount of times it is compounded.
(I know this because I have a TI-83 calculator)