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HP 10bII+ Financial manual Da\qgVA, JG\n, Calculations in Algebraic Mode

Models: 10bII+ Financial

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For example, to calculate 1 + (2 x 3), you may enter the problem as written from left to right, with parentheses to prioritize the multiplication operation. When entered with parentheses, this expression returns a result of 7.

Calculations in Algebraic Mode

In Algebraic mode, multiplication and division have a higher priority than addition and

subtraction. For example, in Algebraic mode, pressing J1GPD4returns a result of 7.00. In Chain mode, the same key presses return a result of 9.00.

In Algebraic mode, operations between two numbers have the following priority:

•Highest priority: combinations and permutations, T probability calculations, % change, and date calculations

•Second priority: the power function ( yx )

•Third priority: multiplication and division

•Forth priority: addition and subtraction.

The calculator is limited to 12 pending operations. An operation is pending when it is waiting for the input of a number or the result of an operation of higher priority.

Using Parentheses in Calculations

Use parentheses to postpone calculating an intermediate result until you’ve entered more numbers. You can enter up to four open parentheses in each calculation. For example, suppose you want to calculate:

---------------------- 9

30 ⋅

(85 – 12)

If you enter D:agVA, the calculator displays the intermediate result, 0.35.

This is because calculations without parentheses are performed from left to right as you enter them.

To delay the division until you’ve subtracted 12 from 85, use parentheses. Closing parentheses at the end of the expression can be omitted. For example, entering 25 ÷ (3 × (9 + 12 = is equivalent to 25 ÷ (3 × (9 + 12)) =.

If you type in a number, for example, 53, followed by the parenthesis symbol, the calculator considers this implicit multiplication.

Example

Table 2-8 Using parentheses in calculations

Keys

Display

Description

 

 

 

D:a\qgVA

85.00

No calculation yet.

 

 

 

JG\n

73.00

Calculates 85 - 12.

 

 

 

 

28 Getting Started

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HP 10bII+ Financial manual Da\qgVA, JG\n, Calculations in Algebraic Mode, Using Parentheses in Calculations
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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.