![]() In most cases, will be entered as a positive value and will be entered as a negative value. These values are entered as positive numbers. Inflow, such as a loan from a bank, is considered as such because the money is going from the bank to you. ![]() In order to signify an outflow, such as a monthly payment, you will need to enter it as a negative number. The calculator follows the rule of inflow and outflow. Press the key to access the C/Y setting, input the desired value, then press. To input custom values for both, press, input the desired value and press. In special cases, the payments per year may differ from the compounds per year. When computing yearly problems, such as bonds, make sure the calculator is set to solve for 1 payment a year (yearly payments). When calculating for monthly payments, make sure the calculator is set to solve for 12 payments a year (monthly payments). Incorrect payments per year (P/Y) and compounds per year (C/Y) settings.To clear out all Time Value of Money memory variables, press. If these values are not cleared out, they may cause errors in the next calculation. Values from a previous problem are stored into the, ,, and memory variables.Below is a checklist of procedures to follow if the calculator is returning an answer other than expected. If the BA II PLUS or BA II PLUS PROFESSIONAL calculator is returning an incorrect answer when calculating Time Value of Money, it could be caused by incorrect settings on the calculator or incorrect input from the user. What may cause an incorrect answer when calculating Time Value of Moneyusing the BA II PLUS and BA II PLUS PROFESSIONAL calculator? We use science to improve the lives of the rich.Solution 21590: Unexpected Answer Using the BA II PLUS™ and BA II PLUS™ PROFESSIONAL. Tales from My Internecine Struggle with the IT DepartmentĪt Long or Short Capital LLC, we leverage our superior intellect and extensive investing experience to recommend explicit Long or Short positions and related abstract trades, which may or may not be possible with real world financial derivatives.Translating Corporate Speak: Hewlett-Packard Board.Chartered F***in' Analyst on Material Non-Public Information.But I do know my CFA Exam mandated model, will not be you, but instead be the TI BA II Plus.Īs the fire dims in the old men of finance, as they retire to super-yachts and cheating on their mistresses with their mistresses, so too will you dim further, HP-12C, your place obsolete, your model changed for the new or the different and your glory a distant memory of a time past. I am not even sure what purpose a calculator really servers in a world of ubiquitous computing power. ![]() No one calculates like you do, you are backwards and twisted, hewn by men who used punch cards to learn computing. You, like many childhood fantasies, are a busted balloon, timeless in my youth, somehow extremely dated in my manhood. Usability, intuitive design, all that junk are Now. Manual? In these times, if you can’t be picked up and understood, then you are a relic. My cohort is the first to be digital natives, so the problem doesn’t lie with my tech literacy. I gazed at you for 15 minutes in my CFA Prep Class, the impenetrable enigma of your buttons glaring back at me and I couldn’t make anything happen. I cannot calculate interest payments on you, I can’t even add 2 + 2 on you. I knew the first time would be different, that it would take getting some used to before it felt natural, but I never knew it would be so complicated, so radically different from my intuition and a complete departure from every single calculator I had used up to that point. The experience was entirely incomprehensible. I wanted to be a man so I could press your buttons and create binary reactions in your core logic.īut then that day came, when I pressed your buttons for the first time, receiving tactile feedback on the tips of my fingers as your LCD lit up with numbers. You were refined yet sleek enough to look good in your leather case. Your gilded metallic head and your firm tightly constructed box conveyed elegance. I grew up seeing you in the hands of rich elite men of finance, men so powerful they could choose any model to calculate bond payments or whatever it is exactly people use financial calculators for these days.
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