Time Value of Money (TVM) - annuities (for the @CFA Level 1 exam)

Time Value of Money (TVM) - annuities (for the @CFA Level 1 exam), explores using the TVM worksheet on the Texas Instruments BA II Plus calculator to solve for annuity problems.

[@abderrahmane800]

THANK YOU VERY MUCH. I really appreciate what you are doing.

[@licharos]

Estos videos son oro puro muchas gracias

[@brianchuwa]

Thankss a lot! I really appreciate your style of teaching by starting with a question, I have learned a lot from this question.

[@letmeexplaincfa]

Thanks🙏 that is very good to hear!

[@brianchuwa]

for the option 3, I set my calculator to BGN, and then use the answer as the FV in 5 periods from now (instead of 4), when calculating the PV, I had the same result as on you. changing BGN and END on calculator for TVM calculation can be easy and time saving, but can be risky if you will ever forget to change back

[@letmeexplaincfa]

Hi Brian, thank for you comment. You are absolutely right! I must say however, that I always discourage Candidates from switching to BGN mode. I think the risk of forgetting to switch back under exam conditions is just too big. That's why I did the workings under END mode even though BGN would have been more logical.

[@GaissD]

thank you so veryyyyyyyy much.

[@lazytraveller8309]

Great video and superbly explained, specially how to use BA II calculator.
But you missed the topic about continuous compounding.
Interest compounded monthly, quarterly, half yearly or even daily. When m (no of times interest is compounding) is a factor, how do we calculate FV or even PV on the BA II calculator? Kindly post a video for that too. 🙏🏻🙏🏻🙏🏻

[@letmeexplaincfa]

Thanks for the kind words. I did make a video on continuous compounding - ruclips.net/video/UBHcbY4pehg/видео.html :) You are right, there is nothing on the channel explicitly on other compounding frequencies. Will add something in the future.

[@lazytraveller8309]

@@letmeexplaincfa will be looking forward for it 👍

[@Dub105]

Thank you

[@nnash911]

Very nicely presented, thank you. What screen/software do you use to write and share like this please?

[@letmeexplaincfa]

Thank you, I record in a lightboard studio, so this is the result of using hardware not software :)

[@nnash911]

@@letmeexplaincfa awesome, many thanks

[@jasonmascarenhas]

What online financial calculator do you use on your phone?

[@letmeexplaincfa]

It’s an iPhone app which emulates the Texas Instruments BA Ii plus

[@jasonmascarenhas]

@@letmeexplaincfa thank you for the response! what is the name of the app??

[@letmeexplaincfa]

@@jasonmascarenhasthe name is BA Ii Plus Financial Calc. It’s developer is Texas Instruments