Hewlett-Packard 10BII Tutorial. Page 2. The GOLD and PURPLE shift keys. The two shift keys allow the user to access specific functions the calculator can. To begin, look at the face of the calculator. Every key (except two, the gold and purple shift keys) on the hp 10bii (HP10BII) has two or possibly three functions. It updates the functionality of the earlier HP 10bII since the introduction of the original HP 10B HP 10bII+ Plus Tutorial: Buy HP 10bII Financial Calculator.
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These changes really increase the functionality provided on this entry-level financial calculator. Press 0 ,then CFj. This situation might be the result of an error, such as a mistake in keying in the cash flows.
Can standard deviation be done on this calculator? We’ll begin with a very simple problem that will provide you with most of the skills to perform financial math on the 10BII:. Calculates annual nominal yield. Now to find the future value simply press the FV key. Now all we need to do is enter the numbers into the appropriate keys: Your reply to Anonymous On Aug, Catnell replied: To fix this problem press 1 once per year then Shift and finally PMT.
Or, perhaps you are thinking of making an investment and you would like to know what rate of return you need to earn to reach a certain future value. By default the 10BII displays only two decimal places. For business purposes, we will be focusing on the white and gold functions.
Therefore, we will enterinto PVandinto FV.
Example of calculating a discounted contract with uneven cash flows. The Hewlett Packard 10BII is a very easy to use financial calculator that will serve you well in all finance courses.
HP 10bII+ Plus Financial Calculator
One important thing to note is that you absolutely must enter your numbers according to the cash flow sign convention. One other adjustment is important. See your browser’s documentation for specific 10biii.
Example of tuttorial a discounted contract with uneven cash flows The opportunity exists to purchase a contract with the following cash flows:. Also, note that hitting the gold shift key places a little shift in the lower left corner of the display.
If you know the interest rate, then we can solve for the amount of time that it will take for the present value to grow to the future value by solving for N. If the picture at right doesn’t match your calculator, you may have an original HP 10B. How does HP install software and gather data? Enter the cash flows using CFj and Nj. Please continue on to part II of this tutorial to learn about using the HP 10BII to solve problems involving annuities and perpetuities.
Every key except two, the gold and purple shift keys on the hp 10bii HP10BII 10gii two or possibly three functions: Your reply to Anonymous On Oct, Anonymous replied: How much should be paid for the contract so that a yearly yield of 15 percent can be 10bui on the investment?
Your reply to Kate On May, Anonymous replied: If 10bi isn’t there, please drop me a note and I’ll try to answer the question. The answer you get should be Here is an example for doing SD on the 10bII Reply On Nov, Robert wrote: Personally, I like to see five decimal places, but you may prefer some other number. Your reply to Eric On Apr, Kate wrote: First, clear by pressing. Did you know that Amazon is offering 6 months of Amazon Prime – free two-day shipping, free movies, and other benefits – to students?
Press 0then CFj.
Calculating net present value The net present value NPV function is used to discount all cash flows using an tutoroal nominal interest rate that is supplied.
Suppose that you are planning to send your daughter to college in 18 years. Hey, I am trying calculate amortization for mortgage loans, all the steps seem right as I go along but my answers always come out short between dollars short.
HP 10BII Tutorial – Lump Sums |
That’s it, the calculator is ready to go. We will not need the purple shift key in this tutorial. The is a toggle key that switches back and forth between the regular and the gold functions. Your reply to Anonymous On Sep, Anonymous wrote: Please help me by showing me the mistake I have made. Now solve for N and you will see that it will take 8.