Question about Texas Instruments BA-II Plus Calculator

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My BAII isnt calculating correctly

I've had the same trusty BAII since college and now its not so trusty. Im taking the CFA soon and its calculating all the time value problems incorrectly. For example

PV= -3245
Pmt= solve

Correct answer $789
My stupid calculator: $559.91

Time to buy a new calculator or is this fixable?

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  • matt584 Jan 15, 2009

    the 2nd P/Y causes problems, i believe you have it set on 12 when it should be on 1


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Change the payments-per-year to 1 to get the correct answer. Press 2nd [P/Y] 1 ENTER.

To pay off a loan of $3245 at 12% annual interest, you can either make 6 monthly payments of $559.91 and pay it off in half a year or make 6 annual payments of $789.27 and pay it off in six years.

Posted on Nov 26, 2010

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There isn't one. The TI 30 is a scientific calculator. The cash flow functions are usually limited to the financial calculators such as the TI BAII.

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Will someone please walk me through the steps to calculate a mortgage payment on the BAII PLUS TEXAS INSTRUMENT. Please be specific. Thanks.

For a thirty-year, $100,000 mortgage at 8% annually, compute the monthly payment:

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You should see -733.76. The negative indicates payment, the amount is $733.76.

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1 Answer

My calculator BAII Plus does not give correct answer when calculation is made what can I do?

Make sure all the settings are set the way you want them. Check especially the BEGIN/END setting and the P/Y value.

If this doesn't do it, could you reply to this post stating the exact values you're putting in and the answers you're getting?

Nov 29, 2010 | Texas Instruments BA-II Plus Calculator

1 Answer

How to find fv using texas BAII plus professional when interested compunded monthly or quarterly how to set these variables

Press 2nd [P/Y] down-arrow to see the current C/Y (compounding periods per year) value. Enter the desired value, press ENTER, then press 2nd [QUIT].

Aug 06, 2010 | Texas Instruments BA-II Plus Calculator

1 Answer

Calculating PV where n=5; i=6%; $18,400=pmt; 0=FV.

Check to make sure you have the proper value set for payments-per-year.

Mar 27, 2009 | Texas Instruments BA-II Plus Calculator

1 Answer

PV and FV problem, result not like in manual

You have the payments-per-year set to 12. For this pair of problems, it needs to be set to 1.
Press 2nd [P/Y] 1 ENTER.

Jun 24, 2008 | Texas Instruments BA-II Plus Calculator

1 Answer

Changing batteries and life span

It's written in the back of the calculator, mate ! A TI BA ii Plus uses a CR2032 battery, which is 3V, 60 micro A.
Just go to the shop and give them the battery model.

Jun 04, 2008 | Texas Instruments BA-II Plus Calculator

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