Hi, somehow I am too stupid to use my calculator. If I press the same taps (like in the picture) on my calculator, it displays 5,5 instead of 9,9. Any ideas why?

You may have forgotten to enter the minus sign for PMT. Going through the keystrokes, I got 9.9 as the answer for N, same as the slide shows, but if you enter 150 for PMT instead of -150, I get N = -5.55. Was that your issue?

thank you. I indeed made that mistake.

Add A Reply Login Sign Up This topic has 2 replies, 2 voices, and was last updated Jun-219:28 pm by Stone94. Author Posts Stone94Participant CFA Level 1 17 Jun 2021 at 10:22 pm Up10:: Hi, somehow I am too stupid to use my calculator. If I press the same taps (like in the picture) ... Read more

You may have forgotten to enter the minus sign for PMT. Going through the keystrokes, I got 9.9 as the answer for N, same as the slide shows, but if you enter 150 for PMT instead of -150, I get N = -5.55. Was that your issue?

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This topic has 2 replies, 2 voices, and was last updated Jun-219:28 pm by Stone94.

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- Stone94
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  - CFA Level 1
  17 Jun 2021 at 10:22 pm
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  Hi,
  
  somehow I am too stupid to use my calculator. If I press the same taps (like in the picture) on my calculator, it displays 5,5 instead of 9,9. Any ideas why?
  
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- mikey
  Moderator
  19 Jun 2021 at 7:30 pm
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  You may have forgotten to enter the minus sign for PMT.
  
  Going through the keystrokes, I got 9.9 as the answer for N, same as the slide shows, but if you enter 150 for PMT instead of -150, I get N = -5.55.
  
  Was that your issue?
  - Stone94
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    CFA Level 1
    21 Jun 2021 at 9:28 pm
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    thank you. I indeed made that mistake.
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