How to Use the BA II Plus Calculator for CFA Level I

TL;DR

Set P/Y and C/Y to 1, clear TVM and worksheet memory before every new problem, use TVM keys for lump sums and annuities, and use the CF worksheet for NPV and IRR.

Essential Setup

  • Set P/Y = 1 and C/Y = 1 for annual CFA calculations.
  • Set decimal places to 4 for exam-style precision.
  • Clear TVM with 2nd CLR TVM and clear worksheets with 2nd CLR WORK.

Core Workflows

  • TVM: enter N, I/Y, PV, PMT, FV and compute the unknown.
  • Cash flows: enter CF0, C01, F01, then use NPV or IRR.
  • Bond price: treat coupon bonds as TVM problems with PMT and FV.

Deep Links