Tvm and amortization worksheet variables, Tvm and amortization worksheet, Variables – Texas Instruments BA II PLUS User Manual

Page 26

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22

Time-Value-of-Money and Amortization Worksheets

TVM and Amortization Worksheet Variables

Note: This guidebook categorizes calculator variables by the method of
entry. (See “

Types of Worksheet Variables

” on page 17.)

Using the TVM and Amortization Variables

Because the calculator stores values assigned to the TVM variables until
you clear or change them, you should not have to perform all steps each
time you work a problem.

To assign a value to a TVM variable, key in a number and press a TVM
key (

,, -, ., /, 0).

To change the number of payments (

P/Y

), press

& [, key in a

number, and press

!. To change the compounding periods (

C/Y

),

press

& [ #, key in a number, and press !.

To change the payment period (

END

/

BGN

), press

& ], and then

press

& V.

To compute a value for the unknown variable, press

%, and then

press the key for the unknown variable.

Variable

Key

Display Type of Variable

Number of periods

,

N

Enter-or-compute

Interest rate per year

-

I/Y

Enter-or-compute

Present value

.

PV

Enter-or-compute

Payment

/

PMT

Enter-or-compute

Future value

0

FV

Enter-or-compute

Number of payments per year

& [

P/Y

Enter-only

Number of compounding
periods per year

#

C/Y

Enter-only

End-of-period payments

& ]

END

Setting

Beginning-of-period
payments

& V

BGN

Setting

Starting payment

& \

P1

Enter-only

Ending payment

#

P2

Enter-only

Balance

#

BAL

Auto-compute

Principal paid

#

PRN

Auto-compute

Interest paid

#

INT

Auto-compute

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