FVIFA 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 FVIFA or future value interest factor of ordinary annuity of $1 at i% interest rate for n periods.
FVIFA Example
We will illustrate how you can use TI BA II Plus to find FVIFA or future value interest factor of ordinary annuity of $1 at 7% interest rate for a period 10 years. How do we find the FVIFA with TI BA II Plus
FVIFA Step by Step using TI BA II Plus
| To | Press | Display | |||
| Set all variables to default | 2nd | reset | enter | RST | 0.00 |
| Enter number of periods | 10 | N | N= | 10.00 | |
| Enter interest rate per payment period | 7 | I/Y | I/Y= | 7.00 | |
| Enter Payment | 1 | +/- | PMT | PMT= | -1.00 |
| Compute future value (ordinary annuity) | CPT | FV | FVIFA= | 13.8164 | |
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+
FVIFA Calculator
Location:Financial Calculators
ThinkAndDone.com provides you an online FVIFA Calculator that calculates future value interest factor of ordinary annuity of $1 along with the interest rate i and number of periods n from FVIFA. The FVIFA calculator allows you to choose from discrete and continuous compounding of interest.
Location:
Financial Calculators
FVIFA Table
Location:Financial Tables
Get yourself a FVIFA PDF download file that tabulates future value annuity factor of a $1 at interest rates ranging from 1% to 50% for number of periods ranging from 1 to 50. The FVIFA 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
