FVIF on TI BA II Plus
Written by:Abraham A.Location:TI BA II+
With this tutorial on Texas Instruments BA II Plus, you will learn how to find FVIF or Future Value Interest Factor of $1 at i% interest rate for n periods.
FVIF Example
We will illustrate how you can use TI BA II Plus to find FVIF or future value interest factor of $1 at 8% interest rate for a period 13 years. How do we find the FVIF with TI BA II Plus
FVIF Step by Step using TI BA II Plus
| To | Press | Display | |||
| Set all variables to default | 2nd | reset | enter | RST | 0.00 |
| Enter interest rate per payment period | 8 | I/Y | I/Y= | 8.00 | |
| Enter Cash Flow | 1 | +/- | PV | PV= | -1.00 |
| Enter number of periods | 13 | N | N= | 13.00 | |
| Compute future value | CPT | FV | FVIF= | 2.7196 | |
Related Interest factors TI BA II Plus tutorials
Following is a list of related TI BA II Plus tutorials that cover other interest factors used in financial management:
Location:
TI BA II+
FVIF Calculator
Location:Financial Calculators
ThinkAndDone.com provides you an online FVIF Calculator that calculates future value interest factor of $1 along with the interest rate i and number of periods n from future value interest factor. The FVIF calculator allows you to choose from discrete and continuous compounding of interest.
Location:
Financial Calculators
FVIF Table
Location:Financial Tables
Get yourself a FVIF PDF download file that tabulates future value interest factor of a $1 at interest rates ranging from 1% to 50% for number of periods ranging from 1 to 50. The FVIF table comes in an easy to read format where alternating rows are highlighted in contrasting colors. A must have for any financial analyst, business student, and other accounting professionals.
Location:
Financial Tables
