Question about Texas Instruments BA-II Plus Calculator

11 Answers

PV FUNCTION GIVING WRONG ANSWERS

For some reason my calculator will not give the right answer when using any of the PV/FV/PMT keys. Here is an example, i want to fidn out PV of N=8, i/y=8, pmt=2010, THEN PRESS CPT AND PV, I get 15712.18 when the real answer is actually 11550.74, does anyone know what setting i need to change on the calculator to gt this to work? i have tried changing the BGN to bgn or end but that doesnt work, any ideas?

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  • SONSHINE33 Nov 02, 2007

    I am havin the same problem... None of my PV, FV, PMT, I/Y keys givee me the right answer. Could someone help me please!!

  • Anonymous May 15, 2008

    After reseting my calculator TVM functions were presenting weird answers

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11 Answers

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The BAII Plus comes from the factory set to assume monthly compounding. To fix this problem press 2nd then I/Y and enter 1 when prompted.

Posted on Apr 03, 2008

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Posted on Jun 05, 2008

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You have to provide a value for all variables. Set FV to 0.

Posted on Nov 11, 2007

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Posted on Jun 01, 2016

I was having the same problem and I hit the '2nd' key then 'clr tvm'. My calcs are coming out correct now.

Posted on Feb 16, 2008

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I have tried that, its not the problem, think i solved it by changing the p/y, c/y from 12 to 1, not sure what effect that will have on my other calcs, but works for this.

Posted on Oct 01, 2007

You should make the pmt negative

Posted on Oct 01, 2007

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Related Questions:

1 Answer

FV wrong answers


Were you also clearing the financial memory with 2nd [CLR TVM], or just the storage memory? If you don't, it's going to keep using whatever value you last used for PMT.

Mar 01, 2014 | Texas Instruments BA-II Plus Calculator

1 Answer

Hi: I bought a HP 10bii Financial Calculator. I find it difficult to get a correct answer... For an easy example, I try to find the future value of $100 today after 3 years with an annual interest rate...


What you've done is calculate the future value after 3 months, not 3 years.

Press 1 SHIFT [P/YR] to set the payments per year to one. Now the FV key should give you 115.76

Feb 15, 2011 | HP 10bII Calculator

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Sharp EL 738 Financial Calculator TMV calculation


Hi there,

Firstly, can i recommend resetting the calculator (There is a reset button on the back). (Or in general press 2ndF MODE to clear all the saved data).
Set your MODE to BEGIN by pressing 2ndF FV.
press 180 N
press 9 i/y
press 2ndF I/Y - press 12 ENT (this puts in your compounding intervals).
Press on
press +/- 35 000 PV
press 446 659 FV
Press COMP PMT.
This should give you the answer of -819.23 as expected :)

Jul 18, 2017 | Sharp EL-738 Scientific Calculator

1 Answer

Haveing trouble getting the IRR using the BA II plus advanced business analyst. i am punching in the pv, fv, plus/minus pmt, and n. them computing the I. keeps giving me the wrong figure. The pv is 0, fv=...


I get 6.085%. Make sure the fv and pmt are of opposite signs. You're either making annual payments and getting a lump sum back at the end, or receiving annual payments and then paying it all back in a lump at the end. Either way, the money is moving in opposite directions.

Aug 10, 2009 | Texas Instruments BA-II Plus Calculator

1 Answer

What is the equivalent button for compute (CMT in my text), to use PV,FV,N,I/YR/PMT functions?


Unlike other brand calculators, HP calculators don't need such a key. After entering the other data, simply press the key for the desired value. For example, to find the future value, simply press the "FV" key.

Aug 09, 2009 | HP 10bII Calculator

1 Answer

Computing N in a TVM calculation (receive Error 5 message)


Hey,
Just found out the answer!
Apparently you can't have both FV and PV positive. Try the calculation with one of them being negative.

Jan 12, 2009 | Texas Instruments BA-II Plus Calculator

2 Answers

Getting wrong PV


PV=1,077,202 while FV=1,000,000 ? I wonder somebody will lent me $1,077,202 and accept to get back $1,000,000 in 10 years later.
Your example's got prob, guy !

Jun 10, 2008 | Texas Instruments BA-II Plus Calculator

1 Answer

Incorrect claculation


I get an answer of 366.91 in my 12C as well. You might try either putting in a zero for FV before hitting the [PMT] key, or clearing your registers before doing the problem, as you may be picking up an old value from a previous problem in the FV register.

Jan 17, 2008 | HP 12c Calculator

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