Values can be entered in the tvm registers in any order

Assignment Help Financial Management

Reference no: EM131965918

TRUE OR FALSE

1. You invest an amount of money or make a deposit to your bank account. This amount would be entered in the calculator as a negative value.

2. Once we set our periods per year register at 1, we always enter the annual rate in the i-register.

3. Values can be entered in the TVM registers in any order

4. If you make a total of five $100 payments, you should enter $500 in the PMT register.

5. We can review the values in the TVM registers by pressing [RCL] [ N ], etc.

6. Suppose you are starting a new problem using your TVM registers; 3 of the 5 variables are known. To insure that there is no unwanted data in the unused register, you can either (1) clear all registers before starting, or (2) input 3 known values and enter 0 in the unused register.

Reference no: EM131965918

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