Texas Instruments BA II Plus - Entering Data and Computing Results

86 Appendix — Reference Information
Net present value depends on the values of the initial cash flow (CF
0
),
subsequent cash flows (
CF
j
), frequency of each cash flow (n
j
), and the
specified interest rate (i).
IRR = 100 × i, where i satisfies npv() = 0
Internal rate of return depends on the values of the initial cash flow
(CF
0
) and the subsequent cash flows (CF
j
).
i = I/Y ÷ 100