Basic question - BAII

[sylwester]

N = 13; I/Y = 6; PMT = - 200; CPT --> PV = $1770.54 ; annuity at end

Yeah so I've put the numers into BAII:

'13' [N] '6' [I/Y] '-200' [PMT] CMP --> PV and it gives me = $1618.6468

Did I miss smth?

same thing:

n = 4; i/y = 9; pmt = -100; CPT --> PV = $323.97
i get = $94.4635



Edited 1 time(s). Last edit at Tuesday, July 31, 2007 at 04:32AM by sylwester.

 

[Dipti Mathur]

There may be one of the two things:

1. -200 you will need to type 200 and then press the - sign on the right hand side below on the cal ..not the other way round.

2. You may need to clear the previous data from your cal, press 2nd , CPT and 2nd Clear all (which is on the FV button on my cal).

I hope I guessed the above correctly as I don't have my cal in front of me.

Good luck

 

[sylwester]

Thanks man, Thing number 2 helped