Solution 11269: Calculating Interest Only Payments on the BA II PLUS™ or BA II PLUS™ PROFESSIONAL.
... How do I compute interest only payments on the BA II PLUS or BA II PLUS PROFESSIONAL? In an interest-only mortgage, none of the payment is applied to the principal. This means that at the end of the term, the full loan amount is still owed, therefore, the future value (FV) is the same ...https://education.ti.com/en/customer-support/knowledge-base/financial-calculators/product-usage/11269
Solution 11266: Rounding Standards for the BA II PLUS and BA II PLUS PROFESSIONAL Financial Calculators.
...e provided below, when the calculator is set to display two decimal places, the calculator displays .07 but, internally it stores 0.065. To test this functionality, follow these steps: 1. Press [5][5][2][5][¸][8][5][0][0][0].2. Press [ENTER] and the calculator will display .07.3. WITHOUT clearing...https://education.ti.com/en/customer-support/knowledge-base/financial-calculators/product-usage/11266
Solution 18169: Finding the New Monthly Payment and APR of a Re-financed Loan Using the BA Real Estate™.
... they pay 2 points plus a $1,000 fee. What is the new monthly payment and the APR of the new loan? • Press [2nd] [BGN/END] until the BGN indicator disappears. • Press [2nd] [CLR TVM] to clear the TVM values. • Press [2nd] [P/Y] and enter 12, then press [=] [=]. • Enter 30 and press [TERM]. • Ente...https://education.ti.com/en/customer-support/knowledge-base/financial-calculators/product-usage/18169
Solution 11221: Calculating Logarithms, Natural Logarithms, and Inverse Natural Logarithms on the BAII PLUS™ or the BAII PLUS™ PROFESSIONAL.
... How are logarithms computed on the BAII PLUS or the BAII PLUS PROFESSIONAL? The BA II PLUS and BA II PLUS PROFESSIONAL do not feature a log base 10 function, since its functionality is intended for financial math purposes. Only natural logarithms (log base e) may be computed on this calculator ...https://education.ti.com/en/customer-support/knowledge-base/financial-calculators/product-usage/11221