How to Calculate NPV on Financial Calculator (TI BA II Plus, HP 10bII+, HP 12c & TI-84)
Learn how to use Cash Flow worksheets on Texas Instruments TI BA II Plus, HP 10bII+, HP 12c Platinum, and TI-84 Plus graphing calculators to compute NPV and IRR in seconds.
Key Takeaways
- TI BA II Plus: Press [CF], enter CF0 (Initial Investment as negative +/-), enter C01, F01, C02, press [NPV], enter I=, scroll down, and press [CPT].
- HP 10bII / HP 10bII+: Enter CF0 with [+/-] [CFj], enter each period with [CFj], enter discount rate with [I/YR], and press [SHIFT] [NPV].
- HP 12c (RPN): Enter CF0 [CHS] [g] [CF0], enter periodic flows with [g] [CFj], enter discount rate with [i], and press [f] [NPV].
- TI-84 Plus: Use npv(Rate, CF0, {CF_List}) from the Finance Apps menu.
1. Texas Instruments TI BA II Plus & Professional
1. Press **[CF]** to open the Cash Flow worksheet. 2. Press **[2nd] [CLR WORK]** to clear any previous worksheet numbers. 3. At `CF0 =`, enter your initial investment outlay (e.g. `150000`), press **[+/-]** to make it negative `-150,000`, then press **[ENTER]`. 4. Press the down arrow **[↓]**. At `C01 =`, enter Year 1 cash flow (e.g. `40000`), press **[ENTER]`. 5. Press **[↓]** to `F01 =` (frequency). Leave as `1` for single-year cash flows, or enter consecutive repeating periods. 6. Repeat for subsequent cash flows: `C02`, `C03`, `C04`, `C05`. 7. Press **[NPV]**. Enter your discount rate at `I =` (e.g. enter `9.5` for 9.5%), press **[ENTER]`. 8. Press the down arrow **[↓]** to display `NPV =`, then press **[CPT]** (Compute).
Result displayed: Instant Net Present Value calculation!
2. Hewlett-Packard HP 10bII & HP 10bII+
1. Clear existing cash flows: Press **[SHIFT] (Orange)** then **[C ALL]**. 2. Enter initial investment: Key in `150000`, press **[+/-]**, then press **[CFj]** (displays `CF 0`). 3. Enter Year 1: Key in `40000`, press **[CFj]** (displays `CF 1`). 4. Enter Year 2: Key in `50000`, press **[CFj]** (displays `CF 2`). 5. Repeat for all remaining cash flow periods. 6. Enter annual discount rate: Key in `9.5`, press **[I/YR]**. 7. Calculate NPV: Press **[SHIFT] (Orange)** then **[NPV]** (located above the `PRC` key).
Result displayed: The exact discounted net present value is calculated immediately.
3. HP 12c & HP 12c Platinum (RPN Mode)
1. Clear registers: Press **[f]** then **[CLX]** (or **[f]** **[REG]**). 2. Initial Outlay: Key in `150000`, press **[CHS]** (Change Sign), then **[g]** **[CF0]** (on `PV` key). 3. Year 1 Inflow: Key in `40000`, press **[g]** **[CFj]** (on `PMT` key). 4. Year 2 Inflow: Key in `50000`, press **[g]** **[CFj]**. 5. Repeat for subsequent years. 6. Discount Rate: Key in `9.5`, press **[i]**. 7. Compute NPV: Press **[f]** then **[NPV]** (on `PV` key).
4. Texas Instruments TI-84 Plus & TI-84 Plus CE
1. Press **[APPS]**, select **[1: Finance]**, and press **[ENTER]**. 2. Scroll down to **[7: npv(]** and press **[ENTER]**. 3. Type the command syntax on the home screen: `npv(InterestRate, InitialOutlay, {CashFlowList})` Example: `npv(9.5, -150000, {40000, 50000, 60000, 70000, 80000})` 4. Press **[ENTER]** to evaluate.
*Note:* You can also store cash flows in List 1 (`L1`) and run `npv(9.5, -150000, L1)`.
Calculate Net Present Value Live
Run your cash flows through our free, real-time Net Present Value calculator.