Table 3-2

Subtracting a percent in a calculation

 

 

 

 

 

 

Keys

 

Display

Description

 

 

 

G::A

200.00

Enters 200.

 

 

 

 

 

 

GV§

50.00

Multiplies 200 by 0.25 and

 

subtracts 50 from 200.

 

 

 

 

4

 

150.00

Completes the calculation.

 

 

Example 2

You borrow 1,250 from a relative, and you agree to repay the loan in a year with 7% simple interest. How much money will you owe?

Table 3-3 Adding a percent in a calculation

Keys

Display

Description

 

 

 

JGV:1j§

 

and adds 87.50 and 1250.00 to

4

1,337.50

Calculates loan interest, 87.50

 

show the repayment amount.

 

 

 

 

 

Percent Change

Calculate the percent change between two numbers. Example 1

Calculate the percent change between 291.7 and 316.8 using the in-line feature.

Table 3-4 Calculating the percent change

Keys

Display

Description

 

 

 

GdJ7j\¨

291.70

Enters number1.

 

 

 

DJS7g4

8.60

Calculates percent change.

 

Example 2

Calculate the percent change between (12 × 5) and (65 + 18) using Æ.

Table 3-5 Calculating the percent change between two numbers

Keys

Display

Description

 

 

 

JGPVÆ

60.00

Calculates and enters number1.

 

Note the INPUT annunciator.

 

 

 

SV1Jg\¨

38.33

Calculates percent change.

For more information on in-line features, refer to chapter 2, Getting Started.

46 Business Percentages

Page 54
Image 54
HP 10bII+ Financial manual JGV1j§, GdJ7j\¨, DJS7g4, Jgpvæ, SV1Jg\¨

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.