Page 52 - CFA - Day 1 & 2 Course Notes
P. 52
Using a Financial Calculator Session Unit 2: 6 The Time Value of Money
Before we begin working with financial calculators, you should familiarize yourself with
your TI by locating the TVM keys noted below. These are the only keys you need to know to
work virtually all TVM problems.
N = Number of compounding periods.
I/Y = Interest rate per compounding period.
PV = Present value.
FV = Future value.
PMT = Annuity payments, or constant periodic cash flow.
CPT = Compute.
Time Lines
