i am compoun48ding interest...and i get to this A=150,000(1.0083)^48...my question is..is there a button on my calculator...ti-83 that will calculate the (1.0083)^48 ? instead of me having to multiply it out..
i am compoun48ding interest...and i get to this A=150,000(1.0083)^48...my question is..is there a button on my calculator...ti-83 that will calculate the (1.0083)^48 ? instead of me having to multiply it out..
You find this button ^ in the utmost right column directly under the CLEAR button.
Don't forget to use the multiplication sign!
If you type
150000 x (1.0083)^48 and hit the Enter button you should get the result immediately.