Chapter 11: Technology Introduced

Technology Introduced

Calculator

BAII Plus Calculator identifying BGN for an Annuity Due. Image description available at the end of this chapter.
Figure 11.C: BAII Plus Calculator [Image Description]

Annuity Type Settings

  • The calculator default is for END mode, which is the ordinary annuity.
  • The annuity type (payment timing) setting can be found on the second shelf above the PMT key. This function works as a toggle.
  • To toggle the setting, complete the following sequence:
  1. 2nd BGN (the current payment timing of END or BGN is displayed)
  2. 2nd SET (it toggles to the other setting)
  3. 2nd Quit (to get out of the window)
  • When the calculator is in annuity due mode, a tiny BGN is displayed in the upper right of your calculator.

Image Description

Figure 11.C: BAII Plus Calculator identifying BGN (will appear when in annuity due mode). Exit the Window, Toggle the Setting and Payment Time Button identified. [Back to Figure 11.C]

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Business Math: A Step-by-Step Handbook Abridged Copyright © 2022 by Sanja Krajisnik; Carol Leppinen; and Jelena Loncar-Vines is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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