Texas Instruments BA II Plus User Manual

2: TVM and Amortization Worksheets 41
Example: Present Value of Cost Savings (cont.)
Procedure Keystrokes Display
Set all variables to defaults.
& } !
RST 0.00
Set payments per year to 1.
& [
1
!
P/Y= 1.00

Return to calculator mode.
& U
0.00
Enter number of payments.
10
,
N= 10.00

Enter interest rate per
payment period.
10
-
I/Y= 10.00

Enter payment.
20000
S /
PMT= -20,000.00

Compute PV for an ordinary
annuity.
% .
PV= 122,891.34
…
Set beginning-of-period
payments.
& ]
& V
BGN
Return to calculator mode.
& U
0.00
Compute PV for annuity due.
% .
PV= 135,180.48
…
The present value is $122,891.34 with an ordinary annuity and
$135,180.48 with an annuity due.

Texas Instruments BA II Plus Specifications

General

Type	Financial
Cover	-
Form factor	Pocket
Control type	Buttons
Product color	Black
Digits	10 digits
Display tilting	No
Display number of lines	1 lines
Memory registers	10
Power source	Battery