Changing the Number of Decimals Displayed on the TI BA II Plus and HP 12c

Depending on the problem you are solving or your preferences, you may want to change the number of decimal places that are displayed on your financial calculator. Fortunately, this is quite easy to do. Keep reading to learn how to …
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Business and Finance Math #4: Continuous Compounding on the TI BA II Plus & HP 12c

Sometimes when reviewing time value of money (TVM) problems, you may encounter a situation that involves continuous compounding. As we have seen in our previous posts on interest rates and calculating effective rates, the more times compounding occurs, the higher …
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Business and Finance Math #3: Converting Effective Interest Rates (EAR) to Stated Interest Rates

In our previous blog post we introduced the concept of the effective annual rate (EAR), which is the true interest rate when compounding occurs more than one time per year. For example, 10% compounded semiannually is the same thing as …
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Business and Finance Math #2: Calculating the Effective Annual Rate (EAR) on Your TI BA II Plus or HP 12c

Consider the following problem: Timmy Burns plans to open a new bank account and calls several banks to find out where he can earn the most interest on his money. After talking with several banks, Timmy has three options. Which …
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Filed under Difficulty: Easy, Finance, HP 12c, TI BA II Plus | 2 Comments

Business and Finance Math #1: Future Value of an Annuity Due

Business and Finance Math is an ongoing series produced by Calcblog to present topics and concepts found in the world of business and finance. Our goal with this series is to provide you with a practical framework for identifying and …
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Filed under Difficulty: Medium, Finance, HP 12c, TI BA II Plus | 3 Comments