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Solution 37575: Correcting an Error 7 on the BA II PLUS™ and the BA II PLUS™ PROFESSIONAL.

Why does an Error 7 occur on the BA II PLUS and the BA II PLUS PROFESSIONAL?

The BA II PLUS or the BA II PLUS PROFESSIONAL will produce an Error 7 when an iteration limit has been exceeded:

  • TVM worksheet: the calculator computed I/Y for a very complex problem involving multiple iterations.
  • Cash Flow worksheet: the calculator computed IRR for a complex problem with multiple sign changes for the BA II PLUS™ PROFESSIONAL calculator.
  • Bond worksheet: the calculator computed YLD for a very complex problem.

For more information consult the Appendix — Reference Information on page 97 of the BA II Plus Professional Guidebook.