Table 2-30

Example displaying all digits

 

 

 

 

 

 

Keys

 

Display

Description

 

 

 

Jaj4

1.43

Divides.

 

 

 

 

 

\54

142857142857

Displays all 12 digits.

 

 

 

 

 

 

Scientific Notation

Scientific notation is used to represent numbers that are too large or too small to fit in the display. For example, if you enter the number 10,000,000 x 10,000,000 =, the result is 1.00E14, which means one times ten to the fourteenth power, or 1.00 with the decimal point

moved fourteen places to the right. You can enter this number by pressing J\ zJY. The E stands for exponent of ten.

Exponents can also be negative for very small numbers. The number 0.000000000004 is displayed as 4.00E–12, which means four times ten to the negative twelfth power, or 4.0 with the decimal point moved 12 places to the left. You can enter this number by pressing

Y\zyJG.

Interchanging the Period and Comma

To switch between the period and comma (United States and International display) used as the decimal point and digit separator, press \8.

For example, one million can be displayed as 1,000,000.00 or 1.000.000,00. Pressing \8, toggles between these options.

Rounding Numbers

The calculator stores and calculates using 12-digit numbers. When 12 digit accuracy is not

desirable, use \}to round the number to the displayed format before using it in a

calculation. Rounding numbers is useful when you want the actual (dollars and cents) monthly payment.

Getting Started 43

Page 51
Image 51
HP 10bII+ Financial manual Jaj4, 54, zyJG

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.