The BGN function lets you activate the beginning-of-period or the end-of-period payment. B.: It is important to follow the sequence of entries without pressing any other key. Which interest is calculated quarterly (I, 4):Įnters a quarterly interestcalculation period (4 threemonth periods per year). To change it, press 2ND, P/Y and, and then enterĮxample where the C/Y differs from the P/Y: monthly payments on a personal loan on Byĭefault, the number of interest-calculation periods is the same as the numberĮntered for the P/Y variable. To change the number of annual payments, press theĢND and P/Y keys, enter the required value, and then press ENTER (forĬ/Y function: this function sets the number of interest-calculation periods. P/Y function: this function sets the number of annual payments. Setting the number of payment periods and interest-calculation periods in a financial To perform the calculator exercises in this document, it is best to use a floating decimal The number of decimals displayed will vary depending on theĬalculations up to a maximum of nine decimals. To specify the number of decimal points, and then press ENTER.Ī floating decimal point, press 2ND and then FORMAT, enter the number 9, and The FORMAT feature lets you select the number of decimal points to be displayed by theĪ fixed decimal point, press 2ND and then FORMAT, enter a number from 0 to 8 Want to apply the functions displayed in yellow at the top of the keys. The 2ND key is often used to access financial applications. The ON/OFF key is used to turn the calculator on and off. The explanations below will make it easier for you to use the calculator.īy default, the calculator operates in financial mode. The Texas Instrument BA II Plus financial calculator was designed to support the many possibleĪpplications in the areas of financial analysis and banking. Texas Instrument Financial Calculator Guide
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