
Is the future value of an amount in the future If there are periodic payments involved, you may solve for any of the following five variables, given the other four: n i PV PMT FV If there are no periodic payments involved, you may solve for any of the following four variables, given the other three: n i PV FV Just remember, any money that is going into an investment is negative, and money coming out (or is available to come out of from an investment) is positive. The context of a problem could require these "payments" to be either additional deposits into an account, or funds that will be withdrawn from an account. This is particularly important when you are making a calculation that involves both a lump sum and periodic payments. Your financial calculator is designed to treat cash inflows into an investment as a negative number and cash outflows (or funds available) from an investment as a positive number. Yield to Maturity (YTM) of a Zero Coupon Bond Standard Deviation of a Two-Asset Portfolio Inflation Adjusted (or the Real Rate of Return) Present Value of a Lump Sum with Payments Because different calculators operate differently, if you are NOT using the HP 12C, these keystrokes may differ slightly from the keystrokes required for your calculator.įuture Value of an Annuity (equal payments - end of period)įuture Value of an Annuity (equal payments - beginning of period) Please note, that the keystrokes provided throughout this program are written specifically for the HP 12C financial calculator. Note: There are many financial calculators available and which calculator you choose to use is largely a matter of preference. To see the formulas provided and to print off this formula sheet visit CFP Board's website. Although many of these formulas are provided on CFP Board's formula sheet, there are others you will need to memorize. It is important for you to be comfortable using a financial calculator to perform all of the calculations presented here when you sit for the CFP® Certification Examination. Below you will find links to the formulas and keystrokes for the calculations used throughout this program. Welcome to the Boston Institute of Finance Calculator Keystrokes listing.
