HP 10bII+ Financial manual Time Value of Money TVM

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Time Value of Money (TVM)

Enter any four of the five values and solve for the fifth.

A negative sign in the display represents money paid out, and money received is positive.

Table 1-11 Keys for TVM calculations

Keys	Description

]OJ	Clears TVM memory and the current P_Yr is displayed.

ÙNumber of payments.

ÒInterest per year.

ÏPresent value.

ÌPayment.

ÉFuture value.

\¯	Begin or End mode.

\Í	Number of payments per year mode.

If you borrow $14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the monthly repayment?

Set to End mode. Press \¯if BEGIN annunciator is displayed.

10 Getting Started

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Contents HP 10bII+ Financial Calculator Quick Start Guide HP Part Number NW239-90201 Edition 1, AprilLegal Notice Keyboard Legend IiiNumber Primary Functions Shift Down \ Shift Up White KeysTable of Contents Page = and then simultaneously press 1or a Basics of Key FunctionsKeys JGD Shift KeysPage Boxed Key Functions Clearing functionsJj7V1 JV§4Percentages 17.50 Enters numberGG¼ JVÀDDÃ Memory Keys JjPjª GG4GV4 VJd\wGJ7GV \w7V\w17V V7VTime Value of Money TVM JG\Í DSÙJYÏ JyÌD7VÒ Money paid out is Displays interest13,865.83 Displays the balance Amount Getting Started Jæjg 17 Depreciation keys Keys Description For depreciation also500.00 Value of the item Inputs the salvage 10,000.00Asset JG\Í Default setting Cash flow number. When preceded by aCash flows, up to 45. J identifies Number, pressing ¤enters a cash flow\½\« Yj¤GD¤ AJG424 Keys used for dates and calendar functions Description Or 365-day Actual Getting StartedG7GgGJ VG4Input call value. Default is set for a call price per Or month-day-year mm.ddyyyy. Default is mm.ddyyyyFor given price YieldPage S7jVÎ S7YGGY7jVÔ Stores the expected profit or calculates it 29 Calculating break-even KeysDisplay DescriptionClears break Message flashes, even memoryData Æ y-data ¡ Data \¢Data Æ y-data \¢ \k \« \T \«\h \« \e \«YÆd¡ GÆV¡SÆJS¡ \T\« \W\«7VF 17GV47SG Trigonometric FunctionsFor θ Enters value of sine\aJg4 ConvertsDegrees to RadiansHP-INVENT 香港特別行政區 HP Invent ไทย Limited Hardware Warranty Period General Terms Exclusions

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Manual 187 pages 3.43 Kb

10bII+ Financial specifications

The HP 10bII+ Financial Calculator is a versatile and powerful tool designed to meet the needs of finance students, professionals, and anyone involved in financial planning and analysis. Known for its compactness and user-friendly interface, this calculator incorporates a range of features specifically tailored for financial calculations, making it an essential gadget for banking, real estate, and investment analysis.

At the heart of the HP 10bII+ is its ability to perform a wide variety of financial functions, including time value of money calculations, cash flow analysis, bond pricing, and depreciation. Its built-in functions facilitate the computation of interest rates, present and future values, net present value (NPV), internal rate of return (IRR), and annuities. This array of functionalities allows users to tackle complex financial problems with ease.

One of the standout technologies in the HP 10bII+ is its RPN (Reverse Polish Notation) input system, which allows for efficient data entry and calculation. Users can perform consecutive calculations without the need for parentheses, streamlining the process significantly. Alternatively, the calculator can also function with a standard algebraic input, catering to different user preferences.

The design of the HP 10bII+ is sleek and compact, making it highly portable and easy to handle. With a large, easy-to-read display, it ensures that users can view their calculations clearly, even in low-light environments. The keys are well-spaced and tactile, allowing for a comfortable typing experience during intensive calculations.

The calculator also offers a range of memory functions, enabling users to store and recall important values easily. This is particularly useful for financial professionals who must deal with multiple calculations and refer back to previous results frequently.

Additionally, the HP 10bII+ is powered by two AAA batteries, providing a long battery life that ensures reliability during extended use. It also features an automatic shut-off function, which conserves battery life when the calculator is not in use.

In summary, the HP 10bII+ Financial Calculator is a high-performance device that combines essential financial functions with user-friendly design and robust technology. Whether for educational purposes or professional finance work, its capabilities make it an invaluable asset for anyone dealing with financial calculations and decision-making.