How to use TI BA II Plus
When you have
either single CF or multiple even CFs (annuity)
over time, we use the following calculator
function:
Key Strokes
Meaning
2
nd
FV
•
2
nd
will choose yellow functions above each button.
•
2
nd
FV will “clear time value of money (CLR TVM),” which means every
variable to be used is set to zero.
2
nd
I/Y
m
Enter 2
nd
CPT
•
This row is for compounding frequency input
•
2
nd
I/Y
means “P/Y”; payments for year= compounding frequency (
m
)
•
Enter will enter the value of
m
•
2
nd
CPT will quit this compounding frequency input
Type in the knowns
•
This row is for the values for known variables
•
In the 3
rd
row of the calculator, we have 5 variables (N I/Y PV PMT FV).
o
N =
i
=
t
*
m,
where
t
=number of years;
m
=compounding frequency
o
I/Y =
r
= annual interest rate
o
PV = present value
o
PMT =
CF
= constant periodic CF in annuity; not used for a single CF
o
FV = future value
•
We will have 3 or 4 knowns depending on the nature of the problem.
•
You will type in those 3 or 4 unknowns by pressing numbers first followed by
corresponding variable keys.
CPT the unknown
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 Fall '11
 Nazar
 Time Value Of Money, Annuity, CF, CPT CF

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