My BA II plus professional shows wrong answer when I try computing N after entering I/Y=9, FV=920, PMT=-100, CPT---> N. Correct answer is 7 but my caclculator shows -20.425!! Please can someone help fix this?
SOURCE: im am baffled. my ba-II plus is not calculating
It's giving you the correct answer for the problem you've input. When you specified 1 for n, you told it one month. If you specify more digits, you'll see that the answer is 1.00833333.
By default, the calculator works with annual interest rates but counts periods in months.
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I'm also facing the same problem. Can anyone help ?
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