Ti Ba Ii Plus Calculator

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Expert Verified by: David Chen, CFA | Financial Analyst & Quantitative Specialist

Master your financial exams and professional analysis with this online TI BA II Plus Calculator. Specifically designed to emulate the Time Value of Money (TVM) functions of the industry-standard Texas Instruments BA II Plus, this tool helps you solve for Present Value, Future Value, Payments, and more with precision.

TI BA II Plus Calculator (TVM)

Enter any 4 variables to solve for the 5th. Use negative signs for cash outflows (e.g., PV or PMT).

Calculated Result:
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TI BA II Plus Calculator Formula

$$PV(1+i)^n + PMT \left[ \frac{(1+i)^n – 1}{i} \right] + FV = 0$$

Note: The TI BA II Plus uses the standard cash flow sign convention where money leaving your pocket is negative.

Formula Sources: Investopedia TVM Guide | CFI Financial Math

Variables Explained:

  • N: The total number of compounding periods (e.g., months, years).
  • I/Y: The nominal interest rate per year (expressed as a percentage).
  • PV: Present Value; the current value of a future sum of money.
  • PMT: The amount of the annuity payment made each period.
  • FV: Future Value; the value of a current asset at a specified date in the future.

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What is a TI BA II Plus Calculator?

The TI BA II Plus Calculator is one of the most popular financial calculators used by students and professionals globally. It is specifically approved for use on the CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), and other professional finance certifications.

Its primary strength lies in its dedicated TVM (Time Value of Money) worksheet, which allows users to quickly determine mortgage payments, investment returns, and lease evaluations without complex manual algebraic formulas.

How to Calculate using TI BA II Plus (Example)

Suppose you want to find the Future Value of $5,000 invested for 5 years at an 8% annual interest rate.

  1. Set N to 5 (Years).
  2. Set I/Y to 8 (Annual Interest).
  3. Set PV to -5000 (Negative because it is an initial investment outflow).
  4. Set PMT to 0 (No ongoing payments).
  5. Click Calculate to solve for FV. Result: $7,346.64.

Frequently Asked Questions (FAQ)

Why is my result negative?
The calculator follows the cash flow sign convention. If you input a positive PV (money received), the FV will be negative (money paid back) to represent the balance.

How do I clear the TVM worksheet?
On a physical calculator, you press [2nd] then [CLR TVM]. On this web tool, simply hit the “Reset” button.

Can I use this for monthly payments?
Yes. Ensure N is the number of months and I/Y is the annual rate (the logic will adjust for compounding if configured, or you can input monthly rates directly).

Is this accurate for the CFA Exam?
Yes, our algorithm uses the same standard TVM equations required for CFA level examinations.

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