Texas Instruments BA-35 Quick Reference Guide - Page 21

PMT, or FV.

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Performing Annuity Calculations To perform an annuity calculation, you must know any four of the five values (N, % i, PV, PMT, or FV). Follow these steps to find the unknown value: 1. Press 0 b to clear the registers, and use 2 to enter the financial mode (FIN appears in the display). 2. Ensure that the calculator is set correctly for the type of annuity calculation desired. § For ordinary annuities, Begin should not be displayed. § For annuities due, Begin should be displayed. Press 0 a to turn Begin on or off. 3. Enter the four known values (N, % i, PV, PMT, or FV). 4. Press 1 and the key for the unknown value. Note: Generally, solving for the interest rate requires more time than other calculations. If you use unrealistic values, the calculator may take several minutes before indicating an error condition. If this occurs, press u to clear the calculation. 21

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21
Performing Annuity Calculations
To perform an annuity calculation, you must
know any four of the five values (N, % i, PV,
PMT, or FV). Follow these steps to find the
unknown value:
1. Press
0
b
to clear the registers, and
use
2
to enter the financial mode (
FIN
appears in the display).
2.
Ensure that the calculator is set correctly for
the type of annuity calculation desired.
§
For ordinary annuities,
Begin
should not
be displayed.
§
For annuities due,
Begin
should be
displayed.
Press
0
a
to turn
Begin
on or off.
3.
Enter the four known values (N, % i, PV,
PMT, or FV).
4. Press
1
and the key for the unknown
value.
Note:
Generally, solving for the interest rate
requires more time than other calculations. If
you use unrealistic values, the calculator may
take several minutes before indicating an error
condition. If this occurs, press
u
to clear
the calculation.