# New calc - need TI BA-35 keystrokes for RE - Posted by Robert

Posted by john on December 26, 1999 at 13:45:30:

Make it a habbit of first punching [2nd] [FIN] [ON/C] just to be sure it’s clear and ready to go.

What is your variable?

Payment…
Say I want payment on a 100K loan at 7.75% over 30 years.
I need: Interest rate, Length, Amount
keystrokes would be (no need to [ON/C] between):

a) [2nd] [FIN] [ON/C]: clear the calculator

b) [100000] [PV]: giving loan amount, or “pricipal value”

c) [30] multiply by [12] [=] [N]: calculate # mos, or periods. If you know it’s 360, just enter [360] [N].

d) [7.75] divided by [12] [=] [i%]: calculate monthly interest rate (or interest rate per period)

e) [CPT] [PMT]: gives you your payment amount.

f) hey, how much do you still owe after 36 months of payments? Do this: [36] [2nd] [bal]: give you balance after 36 months. You can [ON/C] after this and figure a different # of months too.

Remember, you want the unknown. All needed components are: PV: present value, %i: interest per period, N: number of periods(or payments), PMT: payment. Enter the three you have, then [CPT] the one you don’t have.

• Also, you may need to convert APR interest rate to EFF. To convert it, [ON/C] [12] (number of periods)[2nd] [APR] [8.75] (if APR is 8.75%)[=] (gives you EFF).

buttons:
2nd = like a shift key to use RED instructions printed above buttons.

N = number of periods, period = 1 month if payments are monthly. Call it number of payments to keep it simple.

i% = interest rate each compounding period. so if a period is one month, i% is the yearly interest divided by 12.

PMT = Payment amount

PV = principal Value. Amount of loan. (FV=future value)

Hope I havn’t botched this up too bad…
Also check out TI’s FAQ’s at: http://www.ti.com/calc/docs/faqba35main.htm

New calc - need TI BA-35 keystrokes for RE - Posted by Robert

Posted by Robert on December 26, 1999 at 09:27:30:

Hi all,

This has been asked before but its my first BA-35. Got a new calculator and need REI keystrokes for TI BA-35. The manual is really limited in its useful RE type instructions.

Thanks,
Robert

Re: New calc - need TI BA-35 keystrokes for RE - Posted by John

Posted by John on December 26, 1999 at 13:55:23:

Anyone tried the TI Real Estate Calculator? See http://www.ti.com/calc/docs/bare.htm
If so, let me know if it’s better/quicker than the BA. Also…hope it’s ok to post this address, it’s a discussion group for BA/RE calculations at TI.
http://www-s.ti.com/cgi-bin/discuss/sdbmessage.cgi?databasetoopen=calculators&topicarea=Business/Real+Estate+Calculators&do_2=1
be sure to use the whole address.