Time value of money
Enter four values, choose which one to solve for. Cash you pay out is negative; cash you receive is positive.
Result
Show the handheld keystrokes
Balance over time
Account balance at the end of each year
Capital budgeting
Works like the BA II Plus cash flow worksheet: enter CF0, then each cash flow with the number of consecutive periods it repeats.
Project metrics
Show the handheld keystrokes
NPV profile
Net present value across discount rates — IRR sits where the curve crosses zero
Bond valuation
Price a coupon bond and measure its interest-rate risk.
Valuation
Show the handheld keystrokes
Price–yield curve
Bond price across yields — the marker shows the current yield to maturity
Loan amortization
Compute the periodic payment and see how principal and interest evolve.
Payment summary
Show the handheld keystrokes
Remaining balance and cumulative interest
Year-end values across the life of the loan
Amortization schedule
Yearly totals; expand for the period-by-period detail.
Cost of equity — CAPM
Required return on equity from the capital asset pricing model.
WACC
Weighted average cost of capital using market values of equity and debt.
Capital structure
Option pricing — Black–Scholes
European option values and Greeks under Black–Scholes–Merton with a continuous dividend yield.
Values and Greeks
Value at expiration
Call and put payoff across underlying prices at expiry
Two-asset portfolio
Expected return, risk, and Sharpe ratio for a two-asset mix.
Portfolio statistics
Investment opportunity set
Risk and return as the weight in asset A moves from 0% to 100% — the marker shows your mix
Inspired by the BA II Plus key layout. Your physical keyboard works too.
Practicing for the exam
This mode works like the handheld you'll carry into the CFA exam: type a number, then press the register key to store it, and use CPT to solve for the one you left out. Two conventions to internalize early: money you pay out is negative (that's what +/− is for), and N counts periods, not years — a 30-year monthly mortgage is N = 360 with P/Y = 12.
Grow $1,000 at 6% for 10 years
2ndCLR TVM 10 N 6 I/Y 1000 +/− PV CPT FV → 1,790.85
Monthly payment on a $300,000 loan, 6%, 30 years
2ndP/Y 12 ENTER 2ndQUIT 2ndCLR TVM 360 N 6 I/Y 300000 PV CPT PMT → −1,798.65
NPV and IRR of a project
CF 1000 +/− ENTER ↓ 500 ENTER ↓ ↓ 400 ENTER ↓ ↓ 300 ENTER ↓ ↓ 100 ENTER NPV 10 ENTER ↓ CPT → 78.82, then IRR CPT → 14.49
Differences from the real device
P/Y starts at 1 (the setup most exam prep assumes) instead of the factory 12. The display always shows two decimals. Chain calculation order applies, so 2 + 3 × 4 gives 20, same as the handheld's default. AMORT, BOND, and the statistics worksheets aren't here yet — the digital tabs cover that ground with charts.