Hey guys, I know this may be a stupid question, and recall i had the same issue last time during level 1, but forgot how i fixed it… Somehow, when i use TI BA II calculator to calculate annuity / PV questions it shows up the wrong answer. E.g. PMT = 4800, N = 3, i = 10%, FV = 0, PV should be 11,937 (and I tried to calculate step by step). However, somehow my calculator shows the answer to be 14,163. Could someone pls help me to figure out why? Thanks!!!
P/Y setting…
Thanks!!! Fixed it… somehow I kept changing the BEG/END setting previously…