FVIFAD 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 FVIFAD or future value Interest Factor of annuity due of $1 at i% interest rate for n periods
FVIFAD Example
We will illustrate how you can use TI BA II Plus to find FVIFAD or future value interest factor of annuity due of $1 at 9% interest rate for a period 14 years. How do we find the FVIFAD with TI BA II Plus
FVIFAD Step by Step using TI BA II Plus
| To | Press | Display | ||||
| Set all variables to default | [2nd] | [reset] | [enter] | RST | 0.00 | |
| Set all variables to default | [2nd] | [BGN] | [2nd] | [SET] | BGN | |
| Set all variables to default | [2nd] | [QUIT] | 0.00 | |||
| Enter number of periods | 14 | N | N= | 14.00 | ||
| Enter interest rate per payment period | 9 | I/Y | I/Y= | 9.00 | ||
| Enter Payment | 1 | +/- | PMT | PMT= | -1.00 | |
| Compute future value (annuity due) | CPT | FV | FVIFAD= | 28.3609 | ||
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:
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