Groundlearn / BA II Plus / Set it up before the exam
How to set up the BA II Plus for the CFA and FRM exams
Once, before you start practising — and again if the calculator is reset.
The keys
| 2NDRESETENTER | Restores the factory settings. RST 0.00 confirms. |
| 2NDFORMAT9ENTER | Shows as many decimal places as the display allows, so rounding never hides an answer. |
| 2NDP/Y1ENTER | One payment per year. C/Y follows automatically. Most exam questions assume this. |
| 2NDQUIT | Back to the standard display. |
Worked example
Check that payments per year is set to 1.
| 2NDP/Y | Display reads P/Y = 1. |
The trap
The factory setting is P/Y = 12. Left there, every annual TVM answer is wrong, because I/Y is divided by twelve behind your back.
Watch it on the calculator
From our BA II Plus keystrokes video (starts at this step). Open on YouTube.
More BA II Plus keystrokes
- BA II Plus time value of money (TVM): keystrokes and a worked exampleAnnuities, loans, bond prices and retirement problems in every level.
- BA II Plus annuity due: BGN mode keystrokes and the trapLeases, rent, insurance premiums and retirement withdrawals that begin today.
- BA II Plus NPV and IRR: cash flow worksheet keystrokesCapital budgeting, private equity cash flows and money-weighted returns.
- BA II Plus effective annual rate: the ICONV worksheetComparing quoted rates with different compounding, and EAR questions.
- BA II Plus loan amortization: interest and principal for any yearMortgage payments, interest and principal splits, and outstanding balances.
- BA II Plus mean and standard deviation: the DATA and STAT worksheetsSample statistics on returns in Quantitative Methods.
- BA II Plus bond price from yield: keystrokes and the semi-annual trapFixed income pricing at every level, using the TVM keys.
BA II Plus is a trademark of Texas Instruments. Groundlearn is not affiliated with Texas Instruments, CFA Institute or GARP; the name is used only to say which calculator these keystrokes are for. Educational content only. Always check your exam body's current calculator policy.
All eight walkthroughs, free in Cornerstone
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