Help with a program for the TI-82
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Help with a program for the TI-82
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Subject: Help with a program for the TI-82
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From: Sister Dennis Tisler <STisler@AOL.COM>
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Date: Tue, 3 Sep 1996 19:21:17 -0400
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In-Reply-To: <>
I am looking for help programming the TI-82 to solve the following and
similar problems:
You have a savings account into which you make an initial deposit of $1000.
The account earns 10% interest annually. At the end of each year, after the
interest is added to the account you deposit an additional $500.
In this problem, the initial amount (A sub 0) = 1000. A sub n is equal to A
sub n-1 times 1.1 + 500. No closed form of this recursive system is
available. How do I program the calculator to determine the amount in the
account after 10 years? 20 years? etc. without endlessly performing manual
iterations?
Help, please!