How to Calculate Ordinary Annuity & Annuity Due on TI BA II Plus

Learn how to calculate the Future Value (FV) of both an Ordinary Annuity (end-of-period payments) and an Annuity Due (beginning-of-period payments) on the Texas Instruments BA II Plus financial calculator. In this step-by-step tutorial, we solve a $2,000 annual deposit problem over 10 years at 7% interest, demonstrate how to toggle between END and BGN modes, explain why an annuity due earns more interest, and highlight the essential step to switch back to avoid costly exam errors! Timestamps: 0:00 - Problem Setup 0:14 – Setting P/Y, C/Y to 1 0:34 - Solving the Ordinary Annuity (END Mode) 1:35 - Switching to Annuity Due (BGN Mode Settings) 2:07 - Computing Annuity Due & Explaining the Difference 2:39 - CRITICAL: Switch Back to Default END Mode Key Functions Covered: [2nd] [BGN] – Accessing payment timing settings • [2nd] [SET] – Toggling between END and BGN modes • [N], [I/Y], [PV], [PMT], [FV] – Core TVM inputs • [+/-] – Entering cash outflows as negative numbers This guide is ideal for students taking Business Math, Corporate Finance, Personal Finance, Financial Accounting, or preparing for the CFA, CFP, or SOA examinations.