ba ii plus calculator help

[johnlu66]

hello, I am not sure how to input the following into the calculator to get the correct answer,

if i have 7000 a angle 10 and i is 7%, how can i put into the calculator to get the correct result of 49165.

i input N = 10, I = 7, PMT = -7000 and the result for present value is not 49165.

Can anyone explain?

Thanks!!

[LifeIsAPoissonProcess]

Press the following buttons exactly:

2ND, FV, 1, 0, N, 7, I/Y, 7, 0, 0, 0, +|-, PMT, CPT, PV

[johnlu66]

I figured it out, sorry to bother others!

[LeeLee7]

Try again. Make sure your calculator is sent to END, not BGN, and make sure you cleared your future value (or entered zero). I got the correct answer.

[Tommy Vercetti]

i think your calc is assumeing the payments happens at the beggining of the periods. Does the display shows [BGN] on top?