Table 1-1 Basic Functions

FunctionsDisplay/Description

Compound interest (pages 39-53, 186).

Press VLfollowed by dates separated by R to specify the compound interest option for odd- period calculations of interest (i), Present Value (PV), Payment (PMT), and Future Value (FV). Note the “C” indicator appears. The default setting performs calculations for PV, PMT, and FV using simple interest. Press VLagain to return to the default setting.

Program mode

(page 88).

Press TP/R to set the calculator to Program mode. When the calculator is in Program mode, functions are not executed when they are keyed in, but instead are stored inside the calculator. Note the “PRGM” indicator appears.

Press TP/R again to exit Program mode. See page 88 of the HP 12c Financial Calculator User’s Guide for more information on programming basics.

6 Getting Started