Texas Instruments BA II PLUS User Manual page 28

Entering Values for I/Y, P/Y, and C/Y
• Enter as the nominal interest rate. The TVM worksheet
I/Y
automatically converts
and
P/Y C/Y
• Entering a value for
(You can change
Specifying Payments Due With Annuities
Use / to specify whether the transaction is an ordinary annuity
END BGN
or an annuity due.
• Set for ordinary annuities, in which payments occur at the end
END
of each payment period. (This category includes most loans.)
• Set for annuities due, in which payments occur at the beginning
BGN
of each payment period. (This category includes most leases.)
Note: When you select beginning-of-period payments, the
appears. (No indicator appears for
Updating P1 and P2
To update and
P1
displayed.
P2
Different Values for BAL and FV
The computed value for
might be different than the computed value for
number of payments.
• When solving for
value rounded to the number of decimal places specified by the
decimal format.
• When solving for
.
PMT
Entering, Recalling, and Computing TVM Values
• To enter a TVM value, key in the value and store it by pressing a TVM
key (,, -, ., /, 0).
To display a stored TVM value, press J and a TVM key.
•
You can enter or recall a value for any of the five TVM variables (
, , or ) in either the standard calculator mode or a worksheet
PV PMT FV
mode. The information displayed depends on which mode is selected.
• In standard calculator mode, the calculator displays the variable
label, the = sign, and the value entered or recalled.
24
to a per period rate based on the values of
I/Y
.
automatically enters the same value for
P/Y
.)
C/Y
for a next range of payments, press % with
P2
following a specified number of payments
BAL
,
BAL PRN
, the calculator uses the unrounded value for
FV
Time-Value-of-Money and Amortization Worksheets
payments.)
END
, and , the calculator uses the
INT
indicator
BGN
following the same
FV
.
C/Y
or
P1
PMT
, ,
N I/Y