How changes in input variables affect the output variable.


Problem

Use both the TVM equations and a financial calculator to find the following values. If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in many other situations, to see how changes in input variables affect the output variable.

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Finance Basics: How changes in input variables affect the output variable.
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