Question about Texas Instruments BA-II Plus Calculator

1 Answer

Compound Interest You invest $10,000 in August 2004. In August 2009, the investment is worth $12,000. What was your compound annual rate of return over the period?

Posted by on

1 Answer

  • Level 1:

    An expert who has achieved level 1.

    Mayor:

    An expert whose answer got voted for 2 times.

  • Contributor
  • 2 Answers

FV = 12,000
PV = -10,000
N = 5
I/Y = 3.71%

Posted on Mar 02, 2009

1 Suggested Answer

6ya6ya
  • 2 Answers

SOURCE: I have freestanding Series 8 dishwasher. Lately during the filling cycle water hammer is occurring. How can this be resolved

Hi,
a 6ya expert can help you resolve that issue over the phone in a minute or two.
best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.
the service is completely free and covers almost anything you can think of (from cars to computers, handyman, and even drones).
click here to download the app (for users in the US for now) and get all the help you need.
goodluck!

Posted on Jan 02, 2017

Add Your Answer

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

1 Answer

An original investment of 10,000 earns 7.50% interest compound continously, What will the investment be worth in 3 years? 30 years?


A=P(1+i)^n, where P is the Principal, i is the interest rate per period, and n is the number of periods.

A=10,000(1+0.075)^3, assuming the interest is compounded annually

For 30 years, we would replace the number of period 3 with a 30.

Good luck,

Paul

Apr 05, 2014 | Texas Instruments TI 30XIIS Scientific...

1 Answer

How much must you invest to get $500,000 four years from now?


To get $500,00 four years from now, how much must you invest today, assuming an annual interest rate of 4%?

A=P(1+i)^n, where A is the amount, P is the principal or initial investment, i is the interest rate per period, and n is the number of periods.

500,000 = P (1+0.04)^4
500,000/(1.04^4) = P
P = $427,402.10

Good luck,

Paul

Feb 17, 2014 | Sharp EL-738 Scientific Calculator

1 Answer

COMPOUND INTEREST


But how often is the interest applied, yearly or monthly? If yearly, then the last 3 months don't earn anything at the 29 mo point. So $27624.

If applied monthly the usual trick is to simply divide the yearly rate by 12 = 1.32% per mo. So after 29 mo, $30132

Dec 18, 2013 | Sharp el-531x scientific calculator

1 Answer

I want to invest R10000 in a bank investing at 14% compounded twice a year


Invest R10000 in a bank investing at 14% compounded twice a year.

A = P(1+i)^n, where A is the amount, P is the principal or initial investment, i is the interest rate per period, and n is the number of periods.

If the annual rate is 14%, the semi-annual rate is 7%. One year is now composed of 2 6-month periods.

So after one year, we have A = 10 000 (1.07)^2 or 11,449.

Good luck,

Paul

Nov 19, 2013 | Sharp EL-738 Scientific Calculator

3 Answers

I want to invest $5000 for 10 years through internet at 9% , how much would i get in return?



FV=PV (1+(i/12)^12n
Assuming it's compound interest.
FV=Future Value i= interest Rate n=interest period PV =Present Value
$12,260

May 30, 2011 | Computers & Internet

1 Answer

45,000 to invest.want to have 250,000 in 20 years. what rate of interest do i need if its compounding monthly?


4 5 0 0 0 +/- PV (investment amount, negative because you're paying it out)
2 5 0 0 0 0 FV (desired amount, positive because you're receiving it)
2 0 SHIFT xP/YR (20 years)
I/YR (calculate annual interest rate)

Jan 23, 2011 | HP 10bII Calculator

1 Answer

Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit...


Ali decides to invest a certain sum of money in business atthe end of each year in the form of an annuity. He wants to get a sum of Rs.40,000 after 20 years. If the payments accumulate at expected profit of 8%compound annually, how much should he start investing annually?

Jan 13, 2011 | Health & Beauty

1 Answer

Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit...


Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit of 8% compound annually, how much should he start investing annually?

Jan 12, 2011 | Health & Beauty

1 Answer

I have a TI30XA and i'm trying to use it to find the balance of a compound interest problem. the problem is $5000 is invested at an annual interest rate of 6% for 10 years how can i use the calcuator find...


A = P(1 + r/q)nq is the formula you use. first write it all out, where P is the principle or $5000, r is the rate of 6%, q is the times per year so it would be 12 if done monthly, and n is how many years which would be 10. hope this helps.

Apr 28, 2010 | Texas Instruments BA-II Plus Calculator

1 Answer

How long will it take wendys $4000 investment,


Press APPS and select the Finance app. Select the TVM Solver.

Enter -4000 for PV, 0 for PMT, 6000 for FV. Be sure you use the (-) key for PV, not the - key. P/V and C/Y should both be 1 and PMT should be END.

If you want 5% annual interest compounded month, enter 5/12 for I%. If you simply want 5% annual interest, enter 5 for I%. Go to N and press ALPHA ENTER to see the number of periods (months or years according to what you entered earlier in this paragraph).

Feb 25, 2009 | Texas Instruments TI-83 Plus Calculator

Not finding what you are looking for?
Texas Instruments BA-II Plus Calculator Logo

474 people viewed this question

Ask a Question

Usually answered in minutes!

Top Texas Instruments Office Equipment & Supplies Experts

kakima

Level 3 Expert

101466 Answers

k24674

Level 3 Expert

7993 Answers

Stevan Milanovic

Level 2 Expert

253 Answers

Are you a Texas Instruments Office Equipment and Supply Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...