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    HP 10BII CalculatorGuide

    Uploaded by

    Daniel Balcha
    The document provides instructions for using the basic functions and features of the HP 10BII financial calculator. It discusses how to turn the calculator on and off, clear the display and memory, set display formats and number of payment periods. It also covers storing constants and using the memory, cash flow calculations including present value and net present value, and calculating internal rate of return. The instructions are provided in a step-by-step format showing the keys to press and the resulting display.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    HP 10BII CalculatorGuide

    Uploaded by

    Daniel Balcha
    30 views20 pages
    The document provides instructions for using the basic functions and features of the HP 10BII financial calculator. It discusses how to turn the calculator on and off, clear the display and memory, set display formats and number of payment periods. It also covers storing constants and using the memory, cash flow calculations including present value and net present value, and calculating internal rate of return. The instructions are provided in a step-by-step format showing the keys to press and the resulting display.

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    © © All Rights Reserved

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    The document provides instructions for using the basic functions and features of the HP 10BII financial calculator. It discusses how to turn the calculator on and off, clear the display and memory, set display formats and number of payment periods. It also covers storing constants and using the memory, cash flow calculations including present value and net present value, and calculating internal rate of return. The instructions are provided in a step-by-step format showing the keys to press and the resulting display.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    30 views20 pages

    HP 10BII CalculatorGuide

    Uploaded by

    Daniel Balcha
    The document provides instructions for using the basic functions and features of the HP 10BII financial calculator. It discusses how to turn the calculator on and off, clear the display and memory, set display formats and number of payment periods. It also covers storing constants and using the memory, cash flow calculations including present value and net present value, and calculating internal rate of return. The instructions are provided in a step-by-step format showing the keys to press and the resulting display.

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    © All Rights Reserved
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    You are on page 1of 20

    Calculator Guide

    HP 10BII
    Agenda

    1. Basic Functions

    2. Memory Options

    3. Cash Flows

    4. IRR
    Basic
    The starting point ...
    Functions

    In order to You type You get

    Turn calculator on ON
    0.00

    Turn calculator off OFF


    0.00
    Basic
    The starting point ...
    Functions

    In order to You type You get

    C
    Clear display
    0.00

    CLΣ
    Clear statistical
    (→M button) 0.00
    memory

    C ALL
    Clear all memory 0.00
    (C button)
    Basic
    Functions Modes

    • The modes on 10BII are


    – Number of payments per year
    – Begin and End
    – Display formats

    – There is no beeper.
    Basic
    Modes
    Functions

    In order to You type You get


    Fix number of DISP
    decimal places ( = button)
    displayed
    0.0000
    4
    Basic
    Modes
    Functions

    In order to You type You get

    Change decimal point ./,


    to comma/period ( . button)
    0,0000

    When you re-do this 0.0000

    The default settings is


    to use a period as the
    decimal point with
    two digits.
    Basic
    Modes
    Functions

    In order to You type You get


    Change the number
    of payments per 1 1_
    year from 12 to 1

    P/YR
    (PMT button)
    1.0000

    Check the
    number of C ALL 1 P_Yr
    payments per (C button)
    year

    Important:
    Remember that
    doing this clears
    all the memory
    as well!
    Agenda

    1. Basic Functions

    2. Memory Options

    3. Cash Flows

    4. IRR
    Memory
    Storing constants
    Options

    In order to You type You get


    Store a number with +, -, x, etc.
    its operator number
    K
    =

    Example: Let’s calculate 1+2.1667


    1+2.1667, 2+2.1667, K 2.1667
    3+2.1667 in a row.
    = 3.1667

    2= 4.1667

    3= 5.1667
    Memory
    Using the M register
    Options

    In order to You type You get


    Store a number
    in the M 16.3456 16.3456
    register →M

    14.25 14.2500
    M+

    12.8125 -12.8125
    +/-
    M+

    RM 17.7831

    Clear the M 0
    0.0000
    register →M
    Using numbered registers
    Memory
    Options
    Example: Calculate (560.1+475.6)/39.15
    In order to You type You get
    Store a number in a 475.6
    register 1 STO
    (RCL button) 475.6000
    1

    Store another 39.15


    number in 39.1500
    STO
    register 2 (RCL button)
    2

    Recall and calculate 560.1 560.1000


    +
    RCL 475.6000
    1
    / 1.035.7000
    RCL
    2 39.1500
    =
    26.4547
    Agenda

    1. Basic Functions

    2. Memory Options

    3. Cash Flows

    4. IRR
    Example: Calculating present value (price) of bond with 6-
    Cash Flows year term, 8% annual coupon payments, and $1,000 face
    value, at 6% discount rate
    In order to You type You get

    Enter # of periods, 6
    discount rate, 6.0000
    coupon payments, N
    and face value 6
    6.0000
    I/YR
    80
    80.0000
    PMT
    1000
    1,000.0000
    FV

    Calculate Present
    Value PV
    -1,098.3465
    Cash Flows

    In order to You type You get


    -500 100 200 200 200 300
    0 1 2 3 4 5 C FLOW
    CF
    -500.0000
    Enter cash flow -500 C FLOW
    CF
    CFj
    100.0000
    100 C FLOW
    CFj N
    1 1.0000
    Nj (CFj button) C FLOW
    200 CF
    CFj 200.0000
    3 C FLOW
    Nj (CFj button) N
    300 3.0000
    CFj C FLOW
    CF
    1
    300.0000
    Nj (CFj button)
    C FLOW
    N
    1.0000
    Cash Flows

    In order to You type You get

    Enter discount rate 10


    I/YR 10.0000

    NPV
    Calculate NPV 229.3404
    (PRC button)
    Interest
    Rates

    When to enter 10 and when to enter .10


    Key Issue when you mean 10%

    Note that in all the preprogrammed calculator functions, like


    NPV, the interest rate you must input is the PERCENTAGE
    form (NOT the DECIMAL form).
    Example
    When we entered the discount rate in our equation DF =
    1/((1+R)^T, the variable R represented the DECIMAL
    interest rate (i.e. 5%  input .05)

    When we entered the discount rate in the calculator’s


    preprogrammed NPV function, the variable I%
    represented the PERCENTAGE interest rate
    (i.e. 10%  input 10)
    Agenda

    1. Basic Functions

    2. Memory Options

    3. Cash Flows

    4. IRR
    IRR

    In order to You type You get


    -500 400 600 -900 500
    0 1 2 3 4

    -500 C FLOW
    Enter cash flow CF
    CFj
    -500.0000
    400 C FLOW
    CFj CF
    600 400.0000
    CFj C FLOW
    -900 CF
    CFj 600.0000
    500 C FLOW
    CFj CF
    -900.0000
    C FLOW
    CF
    500.0000
    IRR

    In order to You type You get

    Calculate the IRR IRR/YR


    (CST button) not Found

    15
    Enter guessed IRR
    STO 14.2020
    (RCL button)

    IRR/YR
    (CST button)

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