# Using Your Financial Calculator - today How much will your...

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Using Your Financial Calculator Using the formula, PV = FV t /(1 + r ) t …we can see there are four parts: Present Value (PV) Future Value at Time t (FV t ) Discount Rate (r or I/Y) 1

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Financial Calculators The keys we’ll use on the TI BA II Plus include: 2
Solving for FV You invest \$2,500 in the stock market today. How much will your account be worth in 40 years at 10%? 3

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Solving for FV You invest \$2,500 in the stock market

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Unformatted text preview: today. How much will your account be worth in 40 years at 10%? 4 Solving for FV • You want to buy a house listed at \$300,000, but you are not in a position to buy it right away and will have to wait at least another 5 years before you will be able to afford it. If house values are appreciating at the average annual rate of inflation of 5%, how much will a similar 5 6 7...
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Using Your Financial Calculator - today How much will your...

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