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- Topic: BAII - wrong results for PV/FV
| Author | Topic: BAII - wrong results for PV/FV |
|---|---|
| Gina @2004-03-18 21:06:19 |
I have a usage question about the BAII - that hopefully someone of you can help me with.
I get consistently wrong results in my calculations of TMVs. I have reset the computer, and I adapt the number of periods for months or years as necessary, and I mark cash outflows as negative. But my results are different from the solutions given, and from when I calculate the results by formula. However, calculations of NPV and IRR are always correct. Could anybody give me a hint what I might be missing or what I am doing wrongly? THANKS! -Gina |
| isida @2004-03-23 15:30:22 |
check the mode to make sure that it is on "End" since that is how most of the problems are structured...payments are made at the end of the month/year. Hit 2nd PMT
You can also try 2nd I/Y and make sure that that is set to 1.000 |
CFA Discussion Topic: BAII - wrong results for PV/FV
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
