Business Finance - Week 5
Business Finance - Week 5 FIN 3010-001
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This 2 page Class Notes was uploaded by Anna Notetaker on Saturday October 3, 2015. The Class Notes belongs to FIN 3010-001 at Middle Tennessee State University taught by Gregory Nagel in Fall 2015. Since its upload, it has received 25 views. For similar materials see Business Finance in Finance at Middle Tennessee State University.
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Date Created: 10/03/15
Business Finance Week 5 Prof Nagel How to Use the Calculator Symbols for the Calculator FV Future Value PV Present Value One must be negative between FV and PV IY Period Interest Rate r N Number of Periods Texas Instrument BAII CY must equal 1 for the W to be the period rate Cy 1 default on new BAII Interest rates must be entered as a percentage not a decimal PMT 0 for chapter 4 only Clear the registers before each problem Press 2nCI then CLR TVM Or reenter each eld Set number of decimals places to display Press 2nCI Key Press Format Key Enter Desired Decimal Places Press Enter to set the Displayed Choice Be sure the quotpayment per periodquot or PY is set to 1 Press 2nCI key Press PY above IY Enter 1 Press Enter Press CEC To set END for cash ow occurring at the end of the period Press 2nCI key Press BGN above PMT This is a toggle switch The default is END To change to BEGIN hit 2nCI and SET to go back and forth NOTE BGN will be displayed at the top right of the screen when the calculator is in BEGIN mode When in END mode this indicator will be blank
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