When solving time value of money problems on a financial calculator,you must select the "end mode" when you enter the final year's cash flow.

Question

Quizplus · Accepted Answer

In financial calculators, the "end mode" or "begin mode" setting determines whether cash flows occur at the end or beginning of periods, not when entering the final year's cash flow. This setting is used for annuities and not specifically for entering a single final year's cash flow.

When Solving Time Value of Money Problems on a Financial