I am using a BAII Plus calc and not the professional one. The ones we use most frequently, and discuss in the tutorial, are the TVM and Cash Flow memories. Product Type: Financial Calculator Cash-flow analysis, Net Present Value (NPV) and Internal Rate of Return (IRR) • Depreciation with four different methodologies • Breakeven, profit and percent difference calculations • Second key feature to calculate terms fast. Also for: Ba ii plus pro - ba ii plus professional financial calculator, Ba-20 profit manager, Baiiplus - ba ii plus financial calculator. Press the ENTERbutton Press ↓to go to the next cash flow (C01) Press 6, 0, ENTER Press the ↓button (This takes you to a frequency option for cash flow 1 (F01). Finally, press the down arrow key and you will see MOD (for modified IRR) on the screen along with the answer. After entering the initial cash flow, you will need to key [↓] once. • Net future value (NFV, Compute-only Cash Flow worksheet variable) • Payback - (PB, Compute-only Cash Flow … Clearing the calculator 1   Enter   2nd   Since we have already entered all of the cash flows, we only need to change the initial outlay. All rights reserved. BA II Plus Financial Calculator: how to clear the NPV/CF Memory ? Note: when using cash flow functions you must be in the After each subsequent cash flow, After entering the initial cash flow, you will need to key [↓] once. Note that you can easily change the interest rate by pressing the up arrow key to get back to that step. These keys will help you navigate your way through the data entry process. new problem!! For now, just accept the default frequency of 1 each time, and make sure that the frequency is always at least 1 for each cash flow. Again, we must clear the cash flow registers first.In this case we need to press 2nd CE/C (note that pressing 2nd FV will have no effect on the cash flow registers). Topic: How to calculate the Payback period using BAII Plus calc; sahay2020 @2015-02-09 04:40:28: Is there any method to calculate the payback period using the BAII Plus calc ? Capital budgeting will help you determine cash flows for given investments for a certain number of years in the future, thus helping you determine if the investment is worthwhile. These keys will help you navigate your way through the data entry process. Once all flows are For example, does it really make sense that you would be able to reinvest the cash flows at a rate of nearly 20% per year as implied by the IRR? The most important flaw is that it implicitly assumes that the cash flows will be reinvested for the life of the project at a rate that equals the IRR. It features cash flow analysis, depreciation, breakeven, profit, percentage and other functions allowing you to complete business calculations. In other words, if you reinvest the cash flows at a rate of 10% per year then your compound average annual rate of return will be 16.48%. expecting the following cash flows: Please compute the present value and internal rate of 2nd   CE/C     All previous data is now cleared. CPT      Your calculator is Try the following examples: Example 1:  Mary is BA II Plus™ Professional tutorials Punch the numbers and crunch the data. This will take you into the cash flow register. To move around in the cash flow register, simply use the arrow keys on the top row of your calculator. Texas Instruments BAII Plus Tutorial Page 2 Memories The calculator has several different sets of memories, or registers. The calculator will prompt you to enter each cash flow and then the frequency with which it occurs. You will find that the MIRR is 16.48% per year. which in your calculator are defined as “END.”  Your calculator should now displayed the enter amount. the cash flow register by pressing, Next The calculator has been optimized for viewing on iPhones and iPads. clear the previous data before you begin a new problem. Calculate IRR, MIRR, NPV and NFV for cash-flow analysis Store up to 32 uneven cash flows with up to four-digit frequencies and edit inputs to analyze the impact of changes in variables. To clear screen 2nd Quit (or Cpt) 3. It allows you to enter uneven values, each of which can be either an inflow (cash received) or an outflow (cash paid out). In addition to the previously mentioned financial keys, the BAII Plus Professional also has the CF (cash flow) key to handle a series of uneven cash flows. Most financial calculators don't have an MIRR key like they have an IRR key, but the BAII Plus Professional does. needs to know what the outflows and inflows are. annuity: On your calculator, you should have the following keys: To enter these in your calculator, first press the number/amount The BA II Plus Professional Financial calculator by Texas Instruments is a must-have for students, college-goers and professionals and is a vital calculating accessory that comes in handy. It has a positive NPV, the IRR is greater than our 12% required return, and the MIRR is also greater than our 12% required return. to find. Annuities due are defined as “BGN.”  62 BA II PLUS™ Calculator Uneven and Grouped Cash Flows Uneven Cash Flows The Cash Flow worksheet lets you analyze the value of money over equal time periods. Enter That’s already set to 1. Calculating the net present value (NPV) and/or internal rate of return (IRR) is virtually identical to finding the present value of an uneven cash flow stream as we did in Example 3.