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Kurt R Posted on Jul 14, 2014

How can I program my TI BAII Plus to calculate monthly payments on a 365/360 basis

1 Related Answer

David Shaub

  • 2994 Answers
  • Posted on Aug 08, 2009

SOURCE: what are the keys to calculate mtg. payment when

100000+8%= Divide by 360

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Related Questions:

0helpful
1answer

Will someone please walk me through the steps to calculate a mortgage payment on the BAII PLUS TEXAS INSTRUMENT. Please be specific. Thanks.

For a thirty-year, $100,000 mortgage at 8% annually, compute the monthly payment:

2nd [CLR TVM] ( clear the time value of money registers )
3 0 * 1 2 N ( thirty years at twelve payments per year )
8 I/Y ( 8% annual interest )
1 0 0 0 0 0 PV ( $100,000 mortgage )
CPT PMT ( compute payment )

You should see -733.76. The negative indicates payment, the amount is $733.76.
0helpful
1answer

I lost my owner manual for my TI BAII plus calculator. I forgot how to figure amortization. $2000 at 10% , monthly payments of $200, how many months???

You can download the manual from the manufacturer's web site at
http://education.ti.com/calculators/downloads/US/Guidebooks/Detail?id=6114
0helpful
3answers

How do I calculate a mortgage payment?

If $100,000.00 loan: enter 100000. in pv, if interest rate is 5%, enter 5 divided by 12 = %i if 30 year mortgage, enter 360 N enter 2nd PMT to get monthly principle and interest. You may have already solved this problem.
1helpful
1answer

BAII Plus TVM Applications

2nd [CLR TVM] (clears any previous results)

4 I/Y (4% interest rate)

1 2 0 0 +/- ($1200 monthly payment, negative because you're paying out the amount)

2 5 0 0 0 FV (desired value, positive because you'll be receiving the amount)

CPT N (compute the number of payments)
0helpful
1answer

A $25000 home equity line of credit based on 7.8% APR annualized

No. To the nearest cent, the monthly interest is $162.50. The monthly payments only pay the interest, without reducing the principal.
0helpful
1answer

Calculating PV where n=5; i=6%; $18,400=pmt; 0=FV.

Check to make sure you have the proper value set for payments-per-year.
3helpful
1answer

How to use my calculator

http://education.ti.com/educationportal/downloadcenter/SoftwareDetail.do?website=US&tabId=2&appId=6114
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