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Accuracy information – Texas Instruments BA II PLUS User Manual

Page 99

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Appendix — Reference Information

95

Accuracy Information

The calculator stores results internally as 13-digit numbers but displays
them rounded to 10 digits or fewer, depending on the decimal format.
The internal digits, or guard digits, increase the calculator’s accuracy.
Additional calculations use the internal value, not the value displayed.

Error 5

No solution
exists

TVM worksheet: the calculator computed

I/Y

when

FV

, (

N

Q

PMT

), and

PV

all have the same sign.

(Make sure cash inflows are positive and outflows
are negative.)

TVM, Cash Flow, and Bond worksheets: the

LN

(logarithm) input is not > 0 during calculations.

Cash Flow worksheet: the calculator computed

IRR

without at least one sign change in the cash-flow
list.

Error 6

Invalid date

Bond and Date worksheets: a date is invalid (for
example, January 32) or in the wrong format (for
example, MM.DDYYYY instead of MM.DDYY.

Bond worksheet: the calculator attempted a
calculation with a redemption date earlier than or
the same as the settlement date.

Error 7

Iteration limit
exceeded

TVM worksheet: the calculator computed

I/Y

for a

very complex problem involving many iterations.

Cash Flow worksheet: the calculator computed

IRR

for a complex problem with multiple sign changes.

Bond worksheet: the calculator computed

YLD

for

a very complex problem.

Error 8

Canceled
iterative
calculation

TVM worksheet:

$ was pressed to stop the

evaluation of

I/Y

.

Amortization worksheet:

$ was pressed to

stop the evaluation of

BAL

or

INT

.

Cash Flow worksheet:

$ was pressed to stop

the evaluation of

IRR

.

Bond worksheet:

$ was pressed to stop the

evaluation of

YLD

.

Depreciation worksheet:

$ was pressed to stop

the evaluation of

DEP

or

RDV

.

Error Possible

Causes