Don't forget to.......

stronger

Thought i would start this post for reference up till the exam...........

1. Put your calculator into begin mode for an annuity due and then clearing it after wards.
2. Don't square the variance when your calculating portfolio variance.
3. Remember to average the number when doing rations that involve balance sheet items.
4. Annualize returns by multiplying by the number of periods (When asked)
5. Use the calculator when solving for standard deviation, variance, correlation coefficient, and coefficient of determination. (Save time)

anything else?.......

Bluetick1010

How do you use the TI BA II+ Pro to get std dev?

bapswarrior

Secondata--------plug in your information under x or if you have two sets of data in x and Y. Once finished

Second Stat and scroll down.

Micholien

"Dont forget to bring a towel" -Towelie

disiz64

chung.da.neu Wrote:
-------------------------------------------------------
> Secondata--------plug in your information under
> x or if you have two sets of data in x and Y. Once
> finished
>
> Second Stat and scroll down.

Waw didn't know this one has that in it. Thanks!

burnsy562000

Use your calculator to calculate SL/DB Depreciation, Amortization, Amortized discount, interest payments...etc.

Well, saves me time!

ishfaque

Damil4real Wrote:
-------------------------------------------------------
> Use your calculator to calculate SL/DB
> Depreciation, Amortization, Amortized discount,
> interest payments...etc.
>
> Well, saves me time!


how do you do that using the TI ?

shootingstar

djmm187 Wrote:
-------------------------------------------------------
> Damil4real Wrote:
> --------------------------------------------------
> -----
> > Use your calculator to calculate SL/DB
> > Depreciation, Amortization, Amortized discount,
> > interest payments...etc.
> >
> > Well, saves me time!
>
>
> how do you do that using the TI ?


Gabriel Health Enterprises purchased a new MRI machine for $4,250,000 at year-end. Due to changing healthcare technology, the MRI machine is expected to have a useful life of 4 years and an estimated salvage value of $300,000. Calculate the amount of depreciation expense that Gabriel Health Enterprises would record for year 3 assuming the company uses the double-declining balance method of depreciation.

a) 493,750
b) 531,250
c) 790,000
d) 987,500

Correct Answer is - B (531,250).

How to calculate it on the BA II Plus Calculator


[2nd] DEPR (key 4)

[2nd] SET until you see DB, screen will automatically show "DB = 200.0000". <<leave as

Scroll Down and you will be prompted for lifetime (life of machine) (LIF =)

Key in 4 [ENTER]

Scroll down again and you will see MO = 1 <<< leave as

Scroll down again and you will be prompted to enter cost (CST=)

Key in $4,250,000 [ENTER]

Scroll down again and you will be prompted to enter salvage value (SAL=)

Key in $300,000 [ENTER]

Scroll down again and you will be prompted for year (YR=)

Key in year you want to calculate depreciation amount for (for this question, it's year 3)

Key in 3 [ENTER]

All the relevant variables have now been entered. Scroll down and you will be shown in succession the values for Year 3 depreciation of $531,250 (represented by DEP),....

scroll down again and you will be shown the remaining book value of $531,250 (represented by RBV), ....

scroll down again and you will be shown remaining depreciable value of $231,250 (represented by RDV).

Scroll back to YR (changing the year will give different DEP amounts...etc)

Hope that helps.

kmf229

"Always remember to take a pre-game dump"