|Author||Topic: BAII - wrong results for PV/FV|
|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?
|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