BA II Plus Calculator - Compound Interest (Present & Future Values)

[@Blue-ds2bo]

I've learnt more in this video than my entire semester in Finance

[@gunlukanaliz4093]

yet, 40 idiots disliked the video...

[@norahwere8977]

You rock Joshua! I wish you were one of my Professors. Awesome job!

[@rabidglitter9685]

Spent nearly an hour and a half trying to figure this out on my own. I'm so glad I found you! Thank you SOOO much for posting this! Solved it for me easily and in only a few minutes. I only knew how to do annual interest. Didn't even know there was a C/Y option until tonight.

[@tambols8583]

Sir I like this. You've put my 3 hour class into 6 minutes.

[@jordankopal1412]

Hey Joshua, I remember watching your videos. Thanks for this one man.

[@joshemman]

🙏

[@davidhuberdeau-reid2508]

This guys videos are the best! Good job

[@davidridenour1024]

my teacher didn't even show us the p/y or c/y function. Glad I can cut my homework time damn near 80% thank you!

[@EdGein_]

This was extremely helpful !! I was so confused about the connection between p/y, c/y, and N... This video made it very clear. Thanks a lot brother!!

[@Akpknuako8]

Thank you soooooo much for your video. May God bless you. I was struggling to use my Financial calculator, but your videos have saved me!

[@ahmedelatik4726]

Akpknuako8 hi there, I am also having hard time understaning the logic of the financial calc, what sources did u use that have actually helped you?

[@lindaamourgrant5753]

Very clear and concise. Thank you for taking the time to create this video. Much appreciated.

[@cureluvkatz]

Thank you so much for this easy to understand and concise video. It has helped me get more comfortable with my BAII Plus and ready for my exam! :)

[@bobbobbysman]

Hello Joshua, thank you for another helpful video! Keep up the good work

[@saradasubramanian4760]

Thank you so much Joshua. Your explanations are so helpful.

[@zkvlogs307]

Thanks, Joshua you are the best KZbinr :)

[@noraalakwaa9042]

you deserve everything you ever want !!!!!

[@sasha-leebrae7487]

I’m so happy I found this video because I was so lost 😢

[@joshemman]

Glad it was helpful!

[@lukaraku8793]

Thank you very much 😍

[@poncedeli]

Great tutorials thank you. Quick question...switching p/y and c/y seem arbitrary as you can simply divide the annual interest rate by number of compounding periods...my question is if one does switch p/y and c/y to 2, as in the first example in this video, why would you have to convert years to number of compounding periods i.e. 4.5 to 9?

[@udohvictor]

This is because p/y as 2 means number of periods in a year(seni-annually) and then the N is interpreted as total number of total periods (times compounded in a year * number of years), WHILE when P/y is defined as 1, n is just defined as the number of years. C/y will be the only indicator of the multiple times in a year

[@BOSSFinancial]

Thanks for your help Joshua, your videos are really great and helping me figure out how to be a pro with this calculator. I'm currently studying for level 1 CFA. Going through the work and then watching your videos, I realized I'm one of "those people" that prefer to leave P/Y at 1. Do you find that it just saves time that way? I find its easier to just put the number of years instead of doing more math and entering in another variable for P/Y, and in this instance just to divide it after to get years anyways haha. Might be something that's not clicking for me though!

[@joshemman]

Some people prefer P/Y = 1. Someone even asked me to created a video just on that. Here: kzbin.info/www/bejne/p4ncdGyJqbh3jKs

[@susan8362]

kzbin.info/www/bejne/j5-rgJqKpLZohc0 this video helps relate both to the formula variables

[@walexidobee]

God bless you Sir. May you be rewarded greatly

[@loomyyy17]

LIFE SAVER!!

[@mzgemini0006]

Thank you sir.... I really appreciate your time and help!

[@tekootianderson]

Priceless information. Thanks

[@saraacevedo9813]

You are a life saver! thank you!

[@sidkings]

Interesting.. I did not know about the P/Y function. Thanks.

[@mashfintech]

Great job brother.

[@joshemman]

My pleasure, brother.

[@mashfintech]

@@joshemman are you a certified CFA or you are in academia? Writing my CFA level one in November and it seems your videos will be a great help.

[@joshemman]

@@mashfintech Oh no, I'm not a CFA but I'm in academia. I taught basic financial math in the past.

[@mashfintech]

@@joshemman Oh, interesting. I will email you soon. I am also in academia, lecturing econometrics. Quick one, do you recommend Tableau or Power BI?

[@mrponcha]

Awesome! Thanks for 2 options. I just wonder why if I don't add minus to 300 I see an ERROR?

[@gabri99grisel]

hi Joshua, I have a quick question. please help. what is the function of 2nd p/y and 2nd c/y? thanks

[@javierporras9625]

Thanks for the vídeo. What about continuous compounding ?

[@abjeetsingh8276]

Very helpful video.. thanks a lot

[@joshemman]

So nice of you

[@pawhundal3186]

Thank you so much sir it really helps 💯

[@kendrick10601]

Hi, thanks for the video. Is there a way to do the same with continuous compouding?

[@ahiesh]

Perfect start for my preparation :-) Thank you for sharing.

[@samvohra548]

thanks for the help man! you're a life saver!!

[@rahuldas6777]

do you have to set p/y and c/y to 12 for the second problem? or can you just leave both p/y and c/y equal to one and multiply 9 by 12 for years and divide 6% by 12 for the i/y?

[@joshemman]

That definitely works too. You're using the periodic interest rate. You will find more of that style in this video: kzbin.info/www/bejne/p4ncdGyJqbh3jKs

[@sportsmusiclover]

Thanks Joshua. So how would you compute the future value of 15000 with an annual interest of 20% invested for 5 years. With monthly payments of 200?

[@joshemman]

See if this helps: kzbin.info/www/bejne/bKSlf619gsSEnc0

[@travisBudamba]

YAH bless you Joshua!

[@joshemman]

@@travisBudamba Bless you too, Travis.

[@julie198]

You are amazing! Thank you

[@jadmerhi4462]

Thank you so much Joshua (: Keep up the great work!

[@JayJman1000]

very very good work!!

[@soundtherapy426]

Hi Professor Joshua, I'm very new to math and I'm wondering how can I change the monthly payment like every three months? Lauren deposits $134 at the end of every three months into an account that earns 2.1% compounded semi-annually. Find the accumulated value and interest earned in 5 years and 6 months. Round all answers to two decimal places if necessary

[@joshemman]

P/Y = 4 (Every 3 months = 4 times a year) C/Y = 2 N = (5 6/12)*4 = 5.5*4 = 22 (N = Years*P/Y)

[@soundtherapy426]

@@joshemman thank you sir 🥰

[@reemhaf7804]

Hi, Thanks for sharing but I'm confsued about the I/Y when you put it as 2 and the C/Y as 2? why is that? it's semi annualy compounded which is 2, why the I/Y is 2 as well?

[@joshemman]

You probably should watch from 4:10 on. The calculator multiplies P/Y by Years to determine N.

[@reemhaf7804]

@@joshemman wouldn't us who would put the value of N, why would the calculator do that if N we know is 9 as in the example 2

[@joshemman]

@@reemhaf7804 Ok. let me restate. The calculator determines "Years" by dividing N by P/Y.

[@reemhaf7804]

@@joshemman Thanks Joshua, can you please clarify the Nominal rate versus Effective rate on your other video, thanks

[@manishtulsiani5943]

FV(0.08/365,10*365,8) can this be calculate in this calculate, how please?

[@ponty2878]

You are a genius! I need to contact you Joshua, How Can I do so?

[@josephgao8643]

really helps!!! thanks, man!

[@iriniirini5807]

Excellent!

[@cheey3839]

really informative, thanks!

[@soothingszelam2607]

for the first example, i dont need to change presetting of P/Y and C/Y, i can instead calculate as 1/Y = 4, N = 9, PV = 600 instead to get same answer

[@soothingszelam2607]

i mean P/Y and C/Y remain setting as 1

[@Clifffffffffford]

Thanks Joshua!

[@crazystuff9899]

love you sir

[@gkoknok6076]

Getting the same answers without all the c/y p/y craziness. Ill use those in the annuity dues. or others.

[@周沁哲]

why should set one of pv and fv to negative

[@joshemman]

Because money is going in and out.

[@周沁哲]

Joshua Emmanuel☆⌒(*＾-゜)v THX!!

[@russellthompson5314]

What's a PY?

[@joshemman]

P/Y = "payments per year"

[@chrisstubstad148]

Thanks!

[@aidancanning7010]

thanks for the vid man really helped me out, i hate the BA II it is such a fucking awful piece of shit so i thank you my good dark friend for the help

[@chenluonly]

I did the same keys using my BA II Professional and got 1199.40

[@cx5442]

Put I/Y = 8.16% --> comes from (1+8%/2)^2 - 1 N = 4.5 PV = 600 You'll get the answer

[@juliagipson6129]

Do not forget to 2ND QUIT after entering your C/Y and P/Y values loll

[@vladekvladinov5753]

No! That was to fast. I couldn’t not follow you on the calculation buttons?! For some it was probably helpful, but for me I needed to understand how to use the calculator.

[@praytotheonlygod2641]

4 sins are source of humanity trajedies&corruption, God promised (in Quran) eternal hellfire in the day of judgement: 1-Worshipping another deity with God 2-Murder 3-Adultery 4-Habit of Eating Usuary (interest) O people, worship yr only God by saving humans from eternal hellfire.