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Texas Instruments BA-II Plus Calculator - Page 9 Questions & Answers
Expected returns: You have chosen biology as your
So expected returns are just a little more advanced version of probability - without getting too in detail it uses weighted averages so you do not have to add the same number 17 times.
Let's first define our variables:
E(X) = Expected Return
X1 = Variable 1
P1 = Probability 1 (in decimal format so 55% would be .55)
X2 = Variable 2
P2 = Probability 2 (P2 is also equal to 1 - P1)
So the expected return formula is as follows:
E(X) = (X1)*(P1) + (X2)*(P2)
Plugging in our given numbers we get
E(X) = Expected Return
X1 = 300,000
P1 = 10% or .1
X2 = 40,000
P2 = 1 - P1 = 1 - .1 = .9
E(X) = (300,000)*(.1) + (40,000)*(.9)
E(X) = 66,000
Now remember this does not include the opportunity cost of spending your four years in college studying biology instead of another degree.
3/1/2011 2:51:56 AM •
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Answered
on Mar 01, 2011
How to fraction. where is
This calculator is incapable of displaying simplified fractions (i.e. 1 ½), you will have to use the decimal value or contain your complex fraction in parenthesis. (i.e. (5/2).)
3/1/2011 2:41:31 AM •
Texas...
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Answered
on Mar 01, 2011
I have problems with the
Make sure you press the ENTER key after each data entry.
If this doesn't solve the problem, could you reply to this post giving the exact key strokes you're using?
2/26/2011 9:12:22 PM •
Texas...
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Answered
on Feb 26, 2011
How to set decimal setting?
Press 2nd [FORMAT]. Press 0-8 for the number of digits after the decimal point, or 9 for floating-decimal, followed by ENTER. Press 2nd [QUIT] to exit.
2/26/2011 4:27:20 PM •
Texas...
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Answered
on Feb 26, 2011
How do i use the log function on my BA II Calculat...
To calculate the natural logarithm of the value in the display, just press the LN button. If you need the common (base-10) logarithm, compute it as ln(x)/ln(10). That is, divide the natural logarithm of the value divided by the natural logarithm of ten.
2/26/2011 2:30:43 AM •
Texas...
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Answered
on Feb 26, 2011
How to find fv using
Press 2nd [P/Y] down-arrow to see the current C/Y (compounding periods per year) value. Enter the desired value, press ENTER, then press 2nd [QUIT].
2/26/2011 2:27:41 AM •
Texas...
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on Feb 26, 2011
What is the Expexted Return
( . 2 9 * . 3 9 ) + ( . 5 5 * . 2 2 ) + ( . 1 6 * . 2 +/- ) =
In AOS mode you can skip the parentheses.
2/26/2011 2:23:35 AM •
Texas...
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on Feb 26, 2011
Lent someone my calculator and
You have your payments-per-year set to 1 and the calculator is showing an annual payment of $5000. Press 2nd [P/Y] 1 2 ENTER 2nd [QUIT] to change it to twelve (monthly). Now pressing CPT PMT should give you a monthly payment of $536.82.
2/26/2011 2:17:23 AM •
Texas...
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Answered
on Feb 26, 2011
Which key is the percent
It's the key marked "I/Y" (for interest per year), located second from the left on the third row from the top.
2/24/2011 10:34:35 PM •
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Answered
on Feb 24, 2011
Future &present value
That depends on the interest rate.
2nd [CLR TVM] (clear previous data)
5 0 0 0 PMT (monthly payment)
2 0 2nd [*P/Y] N (20 years of monthly payments)
annual interest rate I/Y (annual interest rate)
CPT PV (compute present value)
At 10% it's about $518,000
2/24/2011 10:31:06 PM •
Texas...
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Answered
on Feb 24, 2011
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