An advanced calculator for business and finance professionals.

Key features

• Net Future Value (NFV)
• Modified Internal Rate of Return (MIRR)
• Modified Duration
• Payback
• Discount Payback
• Time-Value-of-Money (TVM)
• Accrued interest
• Amortization
• Cost-Sell-Margin
• Depreciation

Exam acceptance

The BA II Plus™ Professional is approved for use on the following professional exams:

• Chartered Financial Analyst®* exam
• GARP® Financial Risk Manager (FRM®)** exam

Feature highlights

• Calculate IRR, MIRR, NPV and NFV for cash-flow analysisStore up to 32 uneven cash flows with up to four-digit frequencies and edit inputs to analyze the impact of changes in variables.
• Time-value-of-money and amortizationQuickly solve calculations for annuities, loans, mortgages, leases and savings, and easily generate amortization schedules.
• Depreciation schedulesChoose from six methods for calculating depreciation, book value and remaining depreciable amount.
• Interest rate conversions Convert between annual (nominal) and effective interest rates.
• One-and- two variable statisticsList-based and editable; four regression options: linear, logarithmic, exponential and power.

Ideal for

• Finance
• Accounting
• Economics
• Investment
• Statistics
• Other business classes

Built-in functionality

• Solves time-value-of-money calculations such as annuities, mortgages, leases, savings, and more
• Generates amortization schedules
• Performs cash-flow analysis for up to 32 uneven cash flows with up to four-digit frequencies; computes Net Present Value (NPV) and Internal Rate of Return (IRR)
• Net Future Value (NFV)
• Modified Internal Rate of Return (MIRR)
• Modified Duration
• Payback and Discounted Payback
• Choose from two day-count methods (actual/actual or 30/360) to calculate bond price or yield to maturity or to call
• Six methods for calculating depreciation, book value, and remaining depreciable amount: SL, SYD, DB, DB with SL cross-over, SLF and DBF
• Depreciation Schedules
• Bond prices and yield to call or maturity
• Prompted display guides you through financial calculations showing current variable and label
• BGN/END payment setting
• Partial years
• Ten user memories
• Ten-digit display
• List-based one- and two-variable statistics with four regression options: linear, logarithmic, exponential and power
• Math functions include trigonometric calculations, natural logarithms, and powers

Hardware

• One lithium 2032 battery included
• APD™ (Automatic Power Down) conserves power

BA II Plus™ Professional Tutorials

Finance professors and instructors can supplement their curriculum with a DVD from eLearnabout.com. Finance professor Gerard T. Olson presents an entertaining look at "Time Value and the TI Financial Calculator."