Calculator Problem

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Calculator Problem

Postby swapnil12 » Wed Apr 26, 2017 5:03 pm

Just want to ask a problem which I am facing while using BA2 Plus calculator while calculating time value money question.

Following are the values which I inputted in calc


ON CALCULATING WITH EXCEL I GOT PV=30925.16 and on calc answer is 35942.4767

Pl clarify, that where I am putting values wrong in calc?

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Re: Calculator Problem

Postby edupristine » Fri May 26, 2017 11:03 am

Hi Swapnil,

I have tried solving this through excel and calculator and the answer is -3092.52 only. Please put the following again in calculator:- PMT= 1200, FV= 0, N= 3, I/Y= 8%, then CPT= PV, Hence, you will get -3092.52.


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