Financial Calculator User’s Guide
HP 20b Business Consultant HP 30b Business Professional
HP Part Number NW238-90001 Edition 1, December
Legal Notice
HP 20b Business Consultant
HP 30b Business Professional
Keyboard Map Legend
Page
2 Mathematical Calculations
Table of Contents
3 Time Value of Money
4 Canadian Mortgages TVM Canada
Adjusting the Display Contrast
1 Basic Features
Welcome to your new HP Financial Calculator
Turning the Calculator On and Off
Cursor
The Mode Menu Setting Preferences
Two Line Display
3.122010 in dd.mmyyyy format. Note the . in both formats separating the first and second
Key Presses, the Shift Key, Secondary, and Tertiary Functions
Changing the Calculation Mode
Page
Annunciators
Using the Input and Equals Keys
The Input Key
The Equals Key
Editing and Clearing Entries The On/CE Key
The Reset Menu
Notes about Special Menus
Accessing Menus and Menu Maps
Memory and the Memory Menu
Once opened, you can scroll through the items in the menu by pressing or repeatedly. In most menus, when you arrive at the last item in a menu, pressing returns
Page
Mathematical Functions
2 Mathematical Calculations
Number Entry and Display
Chain Mode
2*3D
Algebraic Mode
The RPN Stack
Reverse Polish Notation RPN Mode
1.23 +
Last Number
56.123
3 + 4 x 5 +
O1c23 I56c
Previous Value Previous Value Previous Value
Previous Value Previous Value
Inputs the numbers and the
parentheses. Intermediate
In RPN, the parentheses keys Dmanipulate the stack. Pressing performs a roll
One-Number Functions and the Math Menu
Page
INPUTINPUT
INPUT
The Probability Sub-menu
0.37 12I s
Binomial Functions
15I3h
Two-Number Functions
Combination=
Recall Arithmetic
Storing and Recalling Numbers
Storing and Recalling with Time Value of Money TVM Keys
Recalling and Storing Values in the Data and Cash Flow Menus
Recalling a Menu Item Value in a Menu
Rounding Numbers
Percentages
26 Mathematical Calculations
Time Value of Money TVM Keys
3 Time Value of Money
Calculating Payments on a Loan
6.5Y
360N
1400 00V
Amortization
Page
1400 00V
Creating an Amortization Schedule
applied towards interest for the first year is about
Displays the amount of interest paid on the loan
Nom.%
Interest Conversion Menu
Eff.%
C/YR
360 =
Using the Interest Conversion Menu
P/YR DWN C/YR
4 Canadian Mortgages TVM Canada
O300 N6Y35 0000
I2 I
Canadian Mortgage Example
0.00
5 Cash Flows
4,500.00
4,000.00
Opens the cash flow list
Cash Flow Example
NPV menu, and the Internal Rate of Return IRR menu
Scrolls up and down
5000
8000
4500
4000
5000
1150
Table 5-2 Cash Flow Example
Analyzing Cash Flows
#CF/Yr
Inv. I% Net PV Net FV Net US DWN Payback Discounted Payback Total
IRR % Inv. I% Safe I% DWN MIRR FMRR #CF/Yr
Opens the NPV menu
Editing Cash Flows
Displays FMRR%
Figure 3 Sample Cash Flow Diagrams
Sample Cash Flow Diagrams
46 Cash Flows
6 Bonds
The Bond Menu
6.0 42020
4.2 82010
6.7 5I
Bond Calculation Example
Stores 115.89 in memory
=L1+
7 Black-Scholes Calculation Menu
The Black-Scholes Menu
deviation of the variation of the asset price based on the given data. Pressing =in the
8.21
Black-Scholes Example
2.73
54 Black-Scholes Calculation Menu
HOLD B
next item
Press to scroll to the
Press to scroll to the
next item
The Date Calculation Menu
8 Date Calculation
Date Calculation Example
2010
6.04
3120 10I
Table 8-1 Date Calculation Example KeyDisplayDescription
The Break-even Menu
9 Break-even
Break-even Example
250 I
1500 00I
300 I
100 00I
The Percent Calculation Menu
10 Business Problems
Percent Calculation Examples
2. Find the percent change between 20 and 35 with no compounding
3. 30 is what % of 80?
11 Depreciation
Asset life Starting date or month of the depreciation
The Depreciation Menu
Cost and salvage values
Declining balance factor DecBal and DBXover only
Depreciation Example
500 I
Page
a*x+b a*Lnx +b
12 Statistical Operations
ax2+bx+c only
x Q1
The Data and Stats Menus
ax +bx+c
Table 12-2 Statistics Example Months and Sales Values
Statistics Example
Month
72 Statistical Operations
2I1 65I
1I1 50I
3I1 60I
4I1 75I
Page
Programming the HP 30b
13 Programming
Key Presses for Program Instructions
Return
Less than
Programming Example
h3 4/3 sI I=
Enters program mode. The first program is
Program Step
Opens Program menu. Scrolls to step 1 of
Reassigning Menu Functions
The Program Menu and Program Editing
8= LBL
Tests and Jump Functions
Sub-Function Call
Long Programs and Battery Life
Other Programming Functions
05003$1
Messages
Debugging a Program
Saving, Restoring, and Modifying Mode Settings
Solve
2. L1hL1-L2= HOLD
88 Programming
Error Messages
Error Messages and Calculator Status
Page
HP Limited Hardware Warranty and Customer Care
15 Warranty, Regulatory, and Contact Information
Replacing the Batteries
General Terms
Regulatory Information Federal Communications Commission Notice
Canadian Notice
Modifications
Avis Canadien
European Union Regulatory Notice
Low Voltage Directive 2006/95/EC EMC Directive 2004/108/EC
Japanese Notice Korean Notice
Perchlorate Material - special handling may apply
Contact Information
Customer Care
香港特別行政區
Russia
Page
Table 15-1 Contact Information
Warranty, Regulatory, and Contact Information
Country/Region
Contact
100 Warranty, Regulatory, and Contact Information
Symbols A
Page
FMRR
Error messages
Insert and delete keys Interest Conversion
Internal rate of return Investment Rate
Math
mode settings
Net Future Value Net Present Value Net US Number
on HP 30b
number 24 Reverse Polish Notation
reassigning menu functions 79 Recall
Safe interest rate
saving, storing, modifying 86 Scientific notation 11 Statistics
Thousands separator Time Value of Money