HP 10BII Financial Calculator

Product Information

So, now we know 4 out of the 5 time value of money components and we can easily solve for the 5th unknown interest rate component, which turns out to be 6. Two versions of the 10B were produced, the first version came with orange lettering around the keys and used an 1LU7 HP Saturn processor, the later model (in 2000) with teal-green labels. A common task when using a financial calculator, especially when working with the time value of money functions, is changing the sign of a number. To solve this problem simply identify the 4 known components and then use the HP 10BII financial calculator to find the 5th unknown component. We’ll discuss everything you need to know about getting started, we’ll cover some routine calculations, and we’ll also tackle some common mistakes and misconceptions.

However, this does not auto-adjust the N and PMT components (you still have to do this manually), which makes this function cause more problems than it’s worth. just calculate the natural log of your number, and then divide it by the natural log of the new base. The HP 10BII makes this easy with a dedicated plus and minus ( + / – ) sign key, which toggles the sign of an inputted number. If you’re just getting started, the first choice you’ll need to make is which financial calculator to actually use. Several additional scientific functions were also added, such as trigonometric and hyperbolic functions, their inverses, and several additional statistical regression models.Atmel is conducting additional review of the discontinuance notice and will reissue notice upon completion of the review" (PDF). Now that we have a good understanding of how the HP 10BII financial calculator is organized and we’ve also gone over some regularly used functionality, let’s dive into the time value of money. The white letters are the primary functions, while the gold and purple letters indicate alternative functions for the same key. In 2011, the 10bII was replaced by the HP 10bII+ (NW239AA) model 1 (codenamed "Bluestar" [3]) with expanded capabilities. Below we’ll go over how to use each of the 5 keys individually and also go over some practice problems.

This is one of the newer Hewlett Packard models and is widely used in business schools as well as in the finance industry. Whether you are a seasoned investor or you just have questions about paying off your credit card, refinancing your home, or planning your 401(k) contributions, the 10bii Financial Calculator has the answers to YOUR financial questions! Modeled after the extremely popular HP 10bII Financial Calculator, the 10bii Financial Calculator app combines precise mathematics, intuitive display, and ease-of-use in one compact package. Modeled after the extremely popular 10bII Financial Calculator by Hewlett Packard, the 10bii Financial Calculator combines precise mathematics, intuitive display, and ease-of-use in one compact package. The time value of money keys are located along the top of the calculator and correspond to the 5 components of all time value of money problems (N, I, PV, PMT, and FV).To use the M register, simply input or calculate a number, then hit the M register key as show below. I was a little bit upset because this is my favorite app, and I have all the Android calculator apps. Yet, it’s surprising how many commercial real estate and finance professionals still don’t know how to properly use a financial calculator.