Texas Instruments Calculator User Manual
Size:
1.73 Mb
Download

BA II PLUS™ PROFESSIONAL Calculator

Important Information

Texas Instruments makes no warranty, either express or implied, including but not limited to any implied warranties of merchantability and fitness for a particular purpose, regarding any programs or book materials and makes such materials available solely on an “as-is”basis.

In no event shall Texas Instruments be liable to anyone for special, collateral, incidental, or consequential damages in connection with or arising out of the purchase or use of these materials, and the sole and exclusive liability of Texas Instruments, regardless of the form of action, shall not exceed the purchase price of this product. Moreover, Texas Instruments shall not be liable for any claim of any kind whatsoever against the use of these materials by any other party.

USA FCC Information Concerning Radio Frequency

Interference

This equipment has been tested and found to comply with the limits for a Class B digital device, pursuant to Part 15 of the FCC rules. These limits are designed to provide reasonable protection against harmful interference in a residential installation. This equipment generates, uses, and can radiate radio frequency energy and, if not installed and used in accordance with the instructions, may cause harmful interference to radio communications. However, there is no guarantee that interference will not occur in a particular installation.

If this equipment does cause harmful interference to radio or television reception, which can be determined by turning the equipment off and on, you can try to correct the interference by one or more of the following measures:

Reorient or relocate the receiving antenna.

Increase the separation between the equipment and receiver.

Connect the equipment into an outlet on a circuit different from that to which the receiver is connected.

Consult the dealer or an experienced radio/television technician for help.

Caution: Any changes or modifications to this equipment not expressly approved by Texas Instruments may void your authority to operate the equipment.

© 2004 Texas Instruments Incorporated

ii

Table of Contents

 

1 Overview of Calculator Operations..................................

1

Turning On the Calculator .............................................................

1

Turning Off the Calculator.............................................................

1

Selecting 2nd Functions .................................................................

2

Reading the Display .......................................................................

2

Setting Calculator Formats ...........................................................

4

Resetting the Calculator ................................................................

6

Clearing Calculator Entries and Memories ...................................

6

Correcting Entry Errors...................................................................

7

Math Operations ............................................................................

8

Memory Operations .....................................................................

12

Calculations Using Constants.......................................................

13

Last Answer Feature.....................................................................

14

Using Worksheets: Tools for Financial Solutions ........................

15

.......................................................................................................

19

2 Time-Value-of-Money and Amortization Worksheets...

21

TVM and Amortization Worksheet Variables .............................

22

Entering Cash Inflows and Outflows...........................................

25

Generating an Amortization Schedule .......................................

25

Example: Computing Basic Loan Interest....................................

26

Examples: Computing Basic Loan Payments ...............................

27

Examples: Computing Value in Savings ......................................

28

Example: Computing Present Value in Annuities.......................

29

Example: Computing Perpetual Annuities..................................

30

Example: Computing Present Value of Variable Cash Flows .....

31

Example: Computing Present Value of a Lease With Residual

 

Value........................................................................................

33

Example: Computing Other Monthly Payments.........................

34

Example: Saving With Monthly Deposits ....................................

35

Example: Computing Amount to Borrow and Down Payment . 36

Example: Computing Regular Deposits for a Specified Future

 

Amount ...................................................................................

37

Example: Computing Payments and Generating an

 

Amortization Schedule...........................................................

38

Example: Computing Payment, Interest, and Loan Balance

 

After a Specified Payment .....................................................

39

3 Cash Flow Worksheet......................................................

41

Cash Flow Worksheet Variables...................................................

41

Uneven and Grouped Cash Flows................................................

43

Entering Cash Flows .....................................................................

43

Table of Contents

iii

 

Deleting Cash Flows......................................................................

44

 

Inserting Cash Flows .....................................................................

44

 

Computing Cash Flows .................................................................

45

 

Example: Solving for Unequal Cash Flows .................................

47

 

Example: Value of a Lease with Uneven Payments ....................

49

4

Bond Worksheet .............................................................

53

 

Bond Worksheet Variables ...........................................................

54

 

Bond Worksheet Terminology .....................................................

56

 

Entering Bond Data and Computing Results ..............................

56

 

Example: Computing Bond Price, Accrued Interest, and

 

 

Modified Duration ..................................................................

58

5

Depreciation Worksheet ................................................

59

 

Depreciation Worksheet Variables ..............................................

59

 

Entering Data and Computing Results ........................................

61

 

Example: Computing Straight-Line Depreciation .......................

62

6

Statistics Worksheet .......................................................

65

 

Statistics Worksheet Variables .....................................................

65

 

Regression Models ........................................................................

67

 

Entering Statistical Data...............................................................

68

 

Computing Statistical Results.......................................................

69

7

Other Worksheets ...........................................................

71

 

Percent Change/Compound Interest Worksheet ........................

71

 

Interest Conversion Worksheet....................................................

74

 

Date Worksheet ............................................................................

76

 

Profit Margin Worksheet .............................................................

78

 

Breakeven Worksheet ..................................................................

80

 

Memory Worksheet ......................................................................

82

 

.......................................................................................................

83

A Appendix — Reference Information..............................

85

 

Formulas ........................................................................................

85

 

Error Messages ..............................................................................

96

 

Accuracy Information ...................................................................

98

 

AOS™ (Algebraic Operating System) Calculations .....................

98

 

Battery Information......................................................................

99

 

In Case of Difficulty ....................................................................

100

 

Texas Instruments Support and Service .....................................

101

 

Texas Instruments (TI) Warranty Information ...........................

102

 

Index..............................................................................

105

iv

Table of Contents