I went back to school after 8 years to pursue a certification for my job. TVM was making my head swirl but man did you help explain it with ease! I paused the video and worked each problem out with you to follow along and things are so much clearer now! THANK YOU!!!
These are great examples and your demonstrations are easy to follow with minimal rewinds. Thank you for making these videos. You're helping a lot of people you'll never even meet or hear about. That's a life well lived. Congratulations on finding your purpose.
@@FinallyLearn thanks for the reply, its surprising that we end up using excel for even slight change in computation but still CFA and other institute requires us to use calculator, they should allow the use of excel during tests. excel is way more powerful than calc.
@@ThingsHybrid Yes, Excel is way more powerful but a calculator like the TI BA II Plus is a good and cheaper alternative. Solving a FV problem with different payments would be solved by using multiple FV problems for 1, 2, 3, 4, etc. periods.
Use END mode for most problems. Only use BGN if the problem has payments at the beginning of the period. If annual payments, we assume the payments happen at the end of the year, so END. If the payments occur at the beginning of the year, use BGN.
Please check whether the calculation showed for exercise no. 4 is correct. You said to calculate it in beginning mode but calculated in end mode. Answers are different accordingly.
Yes, I took it off Beginning mode and put it on Ending mode. That is correct. I said Beginning mode but I misspoke. The calculation is correct. Bonds pay interest at the end of the period. Good question! I hope this helps. Thanks for watching!
Knowing when to enter a positive or negative value: Anytime you take money out of your pocket or write a check to payback a loan to a bank or mortgage company or you invest money to make more money, that amount is always going to be entered as a negative value, because it's money going away from you. Anytime a bank or mortgage company or a credit card company loan you money that's always going to be entered as a positive value, because it's money that you have on hand or available to you. If you're putting money in a savings account or any type of investment in order to earn interest on your money, that value goes in as a negative amount, beacuse it's money going away from you. Finally if you're being paid back on an investment by a bank or any other financial institution, that value is always going to be a positive value because it's money coming to you.
Thank you! I think it would be confusing for users when they first start using the calculator that the AOS would give a different result than other calculators. It is a power user option for sure.
I went back to school after 8 years to pursue a certification for my job. TVM was making my head swirl but man did you help explain it with ease! I paused the video and worked each problem out with you to follow along and things are so much clearer now! THANK YOU!!!
Congratulations! You can do it! I’m glad my videos are helpful to you. Thank for sharing.
This is the best video option I've seen for TVM examples - you do a wonderful job of explaining each scenario. So so helpful!!!
Thank you very much. I am glad it is helpful.
You have cleared my dark path. Thank you and HP10b11+. Simply magic !
Glad it was helpful! Good luck!
Thanks so much for the easy-to-follow and easy-to-understand teachings.
These are great examples and your demonstrations are easy to follow with minimal rewinds. Thank you for making these videos. You're helping a lot of people you'll never even meet or hear about. That's a life well lived. Congratulations on finding your purpose.
Thanks for the kind words KC! Glad these are helpful.
Awesome video! Easy to follow and makes sense!
Thanks! I am glad it is helpful!
This was extremely helpful. I can't emphasize that enough. Thank you!
Glad it was helpful! Thanks for watching. I appreciate your comment. Thank you!
Thanks for the review and the various answers.
Glad it was helpful!
Thank you! I love the examples and your clear explanations.
Glad it was helpful! Thanks for watching! Let me know what you would like to learn.
Thank you so much for the valuable explanation
Glad this is helpful for you. Thanks for watching.
thank you for the help, owen wilson
Thanks I am glad it was helpful for you. Jeff
Is there any way u can solve increasing PMT calcuations to compute FV?
You would need to use a spreadsheet like Excel for increasing payments.
@@FinallyLearn thanks for the reply, its surprising that we end up using excel for even slight change in computation but still CFA and other institute requires us to use calculator, they should allow the use of excel during tests. excel is way more powerful than calc.
@@ThingsHybrid Yes, Excel is way more powerful but a calculator like the TI BA II Plus is a good and cheaper alternative. Solving a FV problem with different payments would be solved by using multiple FV problems for 1, 2, 3, 4, etc. periods.
Is this excel sheet for sale?
can someone please explain to me when to set BGN or END mode I can't seem to figure out the difference. Thanks in advance
Use END mode for most problems. Only use BGN if the problem has payments at the beginning of the period.
If annual payments, we assume the payments happen at the end of the year, so END. If the payments occur at the beginning of the year, use BGN.
Please check whether the calculation showed for exercise no. 4 is correct. You said to calculate it in beginning mode but calculated in end mode. Answers are different accordingly.
Yes, I took it off Beginning mode and put it on Ending mode. That is correct. I said Beginning mode but I misspoke. The calculation is correct. Bonds pay interest at the end of the period. Good question! I hope this helps.
Thanks for watching!
exercise 8) 7,21% is the final answer? is correct?
Why you supposed, rate 8,5% is nominal and not monthly?
Yes 7.21% is the answer.
You assume annual interest rate unless you are specifically told otherwise.
Knowing when to enter a positive or negative value: Anytime you take money out of your pocket or write a check to payback a loan to a bank or mortgage company or you invest money to make more money, that amount is always going to be entered as a negative value, because it's money going away from you. Anytime a bank or mortgage company or a credit card company loan you money that's always going to be entered as a positive value, because it's money that you have on hand or available to you. If you're putting money in a savings account or any type of investment in order to earn interest on your money, that value goes in as a negative amount, beacuse it's money going away from you. Finally if you're being paid back on an investment by a bank or any other financial institution, that value is always going to be a positive value because it's money coming to you.
wow good tip about AOL. Why would that not be the default? Makes no sense.
Thank you! I think it would be confusing for users when they first start using the calculator that the AOS would give a different result than other calculators. It is a power user option for sure.