© 1995 - 2020 by Timothy R. Mayes, Ph.D. Did you know that Amazon is offering 6 months of Amazon Prime - free two-day shipping, free movies, and other benefits - to students? The BA II PLUS is one of the two calculator models that are authorised for use during the CFA exam. How to Fix Error 5 on BA II Plus Calculators, Report Suggests Forza Horizon 5 Might Release Next Year. Q: My BAII Plus is showing a comma instead of a decimal point. A little background on this. When the user forgets to include one negative cash flow in a Cash Flow worksheet list. A: This is easily the most commonly asked question. Enter the new number and press ENTER. Let’s begin! A: Simply press 2nd.. Now, DEC will appear on the screen. This is a hard reset that should return everything to original factory settings. A: Great question because we all make mistakes, and it would be a pain to have to re-enter all of the cash flows. The monthly payment on my condo is $926. I originally took out a 30 year,$200,000 mortgage on the property. The Error 5 is triggered when no solution exists for the value that you’re trying to calculate. you cant have the fv and pv and pmt all positive values, pv should be negative as its an outflow, pmt and fv positive. A: Most often, in finance, we use natural logarithms (base e), usually abbreviated as Ln(x). For example, to display five decimal places, press 2nd . Now use the up or down arrow keys to go to the cash flow (or frequency) that you wish to change. 5 ENTER. Now, press 2nd ENTER to switch between US and EUR. Press a number key and then ENTER. Then press 2nd CPT (QUIT). It's worth investing some time to learn how to use your calculator better. Q: How do I find roots other than square roots using the BAII Plus? You should only do this in case the calculator malfunctions. And you're in luck! A: There are two ways to reset the calculator. A: Simply press 2nd.. Now, DEC will appear on the screen. Q: My calculator only has a key to calcuate natural logarithms. I will compile a list of the most frequently asked questions here. Interestingly, as far as I can tell this has nothing to do with the side of the road on which you drive. TI BA II PLUS: User Guide. For a complete list, see the decimal separator article on Wikipedia. Converting from base e to any other base can be done with the following formula (I'm converting to base 10): $Lo{g_{10}}\left( X \right) = \frac{{Ln\left( X \right)}}{{Ln\left( {10} \right)}}$. For example, Log10(3) = Ln(3)/Ln(10) = 0.478. Click here to learn more. After investigating the error and looking at various user reports, we discovered a collection of common scenarios that will lead to the error 5: Keep in mind that the error 5 on BA II Plus is actually a pretty helpful feat and should not be regarded as a nuisance. Obviously, the BAII Plus was created with worldwide users in mind. Press a number key and then ENTER. then down arrow three times. Since error 5 is mostly encountered due to the incorrect usage of signs, pay close attention when you have to make calculations involving the Present Value and Future Value. How do I calculate logarithms to other bases (say, base 10)? Obviously, the BAII Plus was created with worldwide users in mind. When the logarithm input is not greater than 0 when using Time Value of Money, Cash Flow or Bond worksheets. Most problems are due to user error, but there certainly are times that call for a factory reset. It teaches you how to use the calculator to calculate the yield of a bond. Obviously, the BAII Plus was created with worldwide users in mind. So, just calculate the natural log of your number, and then divide it by the natural log of the new base. Q: How do I enter a negative number into one of the TVM keys on the BAII Plus? For example, to display five decimal places, press 2nd. Q: How do I change the number of decimal places that are displayed? Having actually gone through both BA II Plus and BA II Plus Professional manuals, here's the ultimate list of a few lesser known, super handy time-saving BA II Plus functions that you need to know for your CFA preparations, regardless of level. You can press it with a pencil or paperclip. This is only reported to happen when solving the internal rate of return. The BA II Plus is a standard calculator with a variety of worksheet mode produced by Texas Instruments.
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