Question about Texas Instruments BA-II Plus Calculator

# I do not have the directions and need to figure out how to calculate mortgages.

I have a BAII plus, and need to know how to calculate mortgages..each time I try pv 100000 i/y 5.750 n 360 cpt pmt it comes up with an odd number.

Posted by on

Here is the link to a guide;

http://www.buec.udel.edu/bowersh/finc311_F04/Documents_f04/Quick%20Guide.pdf
Set PV=-\$100,000
[2nd] P/Y= 12.00
N= 12 x 30 = 360, (i assume it's 30 Y amortization)
I/Y = 5.75%
FV = 0
[CPT] PMT

Hope this helps

Posted on Apr 14, 2008

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Posted on Jan 02, 2017

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