BA II Plus Calculator - Compound Interest (Present & Future Values)
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- Опубликовано: 3 май 2014
- This video discusses basic compound interest calculations using the BAII Plus calculator.
It shows how to calculate FV and PV using the TI Business Analyst Calculator.
General Annuities in Excel -Calculating FV & PV: • General Annuity Proble...
Calculating Bond Price: • Calculating Bond Value...
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I've learnt more in this video than my entire semester in Finance
yet, 40 idiots disliked the video...
Sir I like this. You've put my 3 hour class into 6 minutes.
Thanks for the finance videos. Your concise and straight to the point explanations are very appreciated. Many people making videos on the same topics take forever to explain, and don't provide good examples. Subscribed. Keep up the good work Joshua.
Spent nearly an hour and a half trying to figure this out on my own. I'm so glad I found you! Thank you SOOO much for posting this! Solved it for me easily and in only a few minutes. I only knew how to do annual interest. Didn't even know there was a C/Y option until tonight.
This was extremely helpful !! I was so confused about the connection between p/y, c/y, and N... This video made it very clear. Thanks a lot brother!!
Very clear and concise. Thank you for taking the time to create this video. Much appreciated.
I’m so happy I found this video because I was so lost 😢
Glad it was helpful!
Thank you so much for this easy to understand and concise video. It has helped me get more comfortable with my BAII Plus and ready for my exam! :)
This guys videos are the best! Good job
my teacher didn't even show us the p/y or c/y function. Glad I can cut my homework time damn near 80% thank you!
Thank you soooooo much for your video. May God bless you. I was struggling to use my Financial calculator, but your videos have saved me!
Akpknuako8 hi there, I am also having hard time understaning the logic of the financial calc, what sources did u use that have actually helped you?
Thank you so much Joshua. Your explanations are so helpful.
Thank you sir.... I really appreciate your time and help!
Hello Joshua, thank you for another helpful video!
Keep up the good work
Perfect start for my preparation :-) Thank you for sharing.
thanks for the help man! you're a life saver!!
Thank you so much Joshua (: Keep up the great work!
God bless you Sir. May you be rewarded greatly
really informative, thanks!
really helps!!! thanks, man!
Priceless information. Thanks
you deserve everything you ever want !!!!!
You are a life saver! thank you!
thanks for this! helped me a lot!
Hi, thanks for the video. Is there a way to do the same with continuous compouding?
Thanks, Joshua you are the best RUclipsr :)
Great tutorials thank you. Quick question...switching p/y and c/y seem arbitrary as you can simply divide the annual interest rate by number of compounding periods...my question is if one does switch p/y and c/y to 2, as in the first example in this video, why would you have to convert years to number of compounding periods i.e. 4.5 to 9?
very very good work!!
You are amazing! Thank you
LIFE SAVER!!
Thank you so much sir it really helps 💯
Interesting.. I did not know about the P/Y function. Thanks.
Excellent!
When calculating Annuity values in a previous video you said that P/Y and I/Y coincide or are the same for simple annuities. Although this isn't an annuity calculation I'm having a problem understanding why you put 2 in for both P/Y and I/Y. You said that P/Y means the payments and I/Y is the number of times the interest is compounded... In this problem there aren't any payments so can you further explain why 2 is entered? I originally put 1 in thinking that was correct. I understand that 2 should be put in for I/Y because you stated that is the number of times the interest in compounded (which the problem clearly states semi annually (or two)) Please further explain. Thanks!
hi Joshua, I have a quick question. please help. what is the function of 2nd p/y and 2nd c/y? thanks
Thanks Joshua!
Thank you very much 😍
love you sir
Thanks for your help Joshua, your videos are really great and helping me figure out how to be a pro with this calculator. I'm currently studying for level 1 CFA. Going through the work and then watching your videos, I realized I'm one of "those people" that prefer to leave P/Y at 1. Do you find that it just saves time that way? I find its easier to just put the number of years instead of doing more math and entering in another variable for P/Y, and in this instance just to divide it after to get years anyways haha. Might be something that's not clicking for me though!
Some people prefer P/Y = 1.
Someone even asked me to created a video just on that. Here: ruclips.net/video/qXyC9StSDVI/видео.html
ruclips.net/video/YnHOgToQ5Ok/видео.html this video helps relate both to the formula variables
Thanks!
Awesome! Thanks for 2 options. I just wonder why if I don't add minus to 300 I see an ERROR?
Thanks for the vídeo. What about continuous compounding ?
Very helpful video.. thanks a lot
So nice of you
I think i get it now by watching your video over and over. Is it true that you can set I/Y and P/Y to 1 and just divide the interest rate by 12 for your i/y button? (assuming you use nx12 too)
+adubduece
Yes you can, most of the time, for simple annuity. But I will advice against it.
Doesnt he have to divide the 8% by 2? thought you did that for compounding problems?
I know this is an old comment, but for anyone reading the answer is "no". You're right to divide by 2 if you weren't using the P/Y, C/Y functions. Some profs teach it that way, but you can't combine both methods.
do you have to set p/y and c/y to 12 for the second problem? or can you just leave both p/y and c/y equal to one and multiply 9 by 12 for years and divide 6% by 12 for the i/y?
That definitely works too. You're using the periodic interest rate. You will find more of that style in this video: ruclips.net/video/qXyC9StSDVI/видео.html
Great job brother.
My pleasure, brother.
@@joshemman are you a certified CFA or you are in academia? Writing my CFA level one in November and it seems your videos will be a great help.
@@mashfintech Oh no, I'm not a CFA but I'm in academia. I taught basic financial math in the past.
@@joshemman Oh, interesting. I will email you soon. I am also in academia, lecturing econometrics. Quick one, do you recommend Tableau or Power BI?
Thanks Joshua.
So how would you compute the future value of 15000 with an annual interest of 20% invested for 5 years. With monthly payments of 200?
See if this helps: ruclips.net/video/6sBNzGM_Qgk/видео.html
Getting the same answers without all the c/y p/y craziness. Ill use those in the annuity dues. or others.
Hi Professor Joshua, I'm very new to math and I'm wondering how can I change the monthly payment like every three months?
Lauren deposits $134 at the end of every three months into an account that earns 2.1% compounded semi-annually. Find the accumulated value and interest earned in 5 years and 6 months. Round all answers to two decimal places if necessary
P/Y = 4 (Every 3 months = 4 times a year)
C/Y = 2
N = (5 6/12)*4 = 5.5*4 = 22 (N = Years*P/Y)
@@joshemman thank you sir 🥰
for the first example, i dont need to change presetting of P/Y and C/Y, i can instead calculate as 1/Y = 4, N = 9, PV = 600 instead to get same answer
i mean P/Y and C/Y remain setting as 1
Hi, Thanks for sharing but I'm confsued about the I/Y when you put it as 2 and the C/Y as 2? why is that? it's semi annualy compounded which is 2, why the I/Y is 2 as well?
You probably should watch from 4:10 on.
The calculator multiplies P/Y by Years to determine N.
@@joshemman wouldn't us who would put the value of N, why would the calculator do that if N we know is 9
as in the example 2
@@reemhaf7804 Ok. let me restate. The calculator determines "Years" by dividing N by P/Y.
@@joshemman Thanks Joshua, can you please clarify the Nominal rate versus Effective rate on your other video, thanks
why should set one of pv and fv to negative
Because money is going in and out.
Joshua Emmanuel☆⌒(*＾-゜)v THX!!
You are a genius! I need to contact you Joshua, How Can I do so?
thanks for the vid man really helped me out, i hate the BA II it is such a fucking awful piece of shit so i thank you my good dark friend for the help
I did the same keys using my BA II Professional and got 1199.40
Put
I/Y = 8.16% --> comes from (1+8%/2)^2 - 1
N = 4.5
PV = 600
You'll get the answer
What's a PY?
P/Y = "payments per year"
Do not forget to 2ND QUIT after entering your C/Y and P/Y values loll
No! That was to fast. I couldn’t not follow you on the calculation buttons?! For some it was probably helpful, but for me I needed to understand how to use the calculator.
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