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CFA · Action guide

BA II Plus calculator tutorial for CFA

Work through ten small drills for settings, TVM, cash flows and statistics before relying on the device under time pressure.

Start 10 calculator drillsChoose free practice

Start 10 calculator drills

Use your own calculator: follow each drill on your BA II Plus and compare the display with the worked answer. Key labels follow the official guidebook; check the manual for your model.

  1. Drill 1 of 10Settings

    Show four decimal places.

  2. Drill 2 of 10Settings

    Set annual payments and compounding.

  3. Drill 3 of 10Recovery

    Clear only the five TVM registers.

  4. Drill 4 of 10TVM

    Future value of 1,000 invested for 3 years at 5%, no payments.

  5. Drill 5 of 10TVM

    Present value of 2,000 received in 4 years at 6%, no payments.

  6. Drill 6 of 10TVM

    Annual payment on a 10,000 five-year loan at 5%, END mode.

  7. Drill 7 of 10Cash flows

    NPV at 10% for -1,000 now, then 600 in years 1 and 2.

  8. Drill 8 of 10Cash flows

    IRR for -1,000 now, then 600 in years 1 and 2.

  9. Drill 9 of 10Statistics

    Arithmetic mean of 2, 4 and 6 with frequency 1.

  10. Drill 10 of 10Statistics

    Sample standard deviation of 2, 4 and 6.

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What to do next

  1. ACTION 01

    Verify on your own calculator

    Key labels follow the official BA II Plus guidebook. Follow each drill on your device and compare its display with the worked answer.

    Official guidance ↗

  2. ACTION 02

    Clear the right worksheet

    CLR TVM clears the five TVM registers but does not reset P/Y or C/Y. Clear and inspect settings deliberately between unrelated problems.

    Official guidance ↗

  3. ACTION 03

    Treat signs as cash-flow direction

    Enter cash paid as negative and cash received as positive. If a TVM result has the opposite sign, first inspect the signs rather than hiding the output.

    Official guidance ↗
Sources

Policies, dates and results can change; the official source and registered account control.

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