Table 2-12 Statistics keys

Keys

Description

 

 

]U

Sum of the y-values.

 

 

]X

Sum of the x-values.

 

 

Time Value of Money (TVM), Cash Flows, Bond, and Break-even Keys

When entering data for TVM, cash flows, bond, depreciation and break-even calculations, results are calculated based on data entered into specific memory registers. When pressed, the keys used for these operations:

•store data.

•enter data for a variable that is used during calculations (input only).

•calculate unknown variables based on stored data.

For more information on how these keys function, refer to the specific chapters which cover TVM problems, cash flows, and bond and break-even calculations.

Math Functions

One-Number Functions

Math functions involving one number use the number in the display. To execute one-number functions, with a number displayed, press the key or key combination corresponding to the operation you wish to execute. The result is displayed. See Table 2-14for a list of one-number functions.

Before doing any trigonometric calculations, check whether the angle mode is set for degrees or radians (Rad). Degrees is the default setting. The RAD annunciator in the display indicates

radians is active. Press ]3to toggle between the settings. You will need to change the setting if the active mode is not what your problem requires.

Table 2-13 Example displaying one number functions

KeysDisplay Description

gd7GV\B

9.45

Calculates square root.

 

 

 

 

D7Vj1G7DS\b

 

first.

 

0.42

1/2.36 is calculated

 

 

 

4

3.99

Adds 3.57 and 1/2.36.

 

 

 

 

Table 2-14lists the one-number functions of the calculator.

Getting Started 33

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HP 10bII+ Financial manual Gd7GV\B, D7Vj1G7DS\b, Math Functions, One-Number Functions
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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.
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