hp 10bii financial calculator change payments per year

HP 10BII FINANCIAL CALCULATOR CHANGE PAYMENTS PER YEAR MANUAL

Unless you have already decided that the pre-requisites in finance and accounting will be the only time when you need a financial calculator, there is really no use to get accustomed to the HP 10B. And you will need that more advanced one at work, too – for all entry level analyst positions in finance and accounting. Once you move on to grad school there is no other option but the HP 12C – or an equivalent calculator by another manufacturer.

That one will be able to solve the more advanced and complex problems and all that more accurately. However, once you get into the real finance and investments your professor will want you to purchase the HP 12C instead. Functions can be easily explained to those classes.

And it is somewhat sufficient to solve textbook problems in introduction to accounting and finance. This calculator is now the most popular among Undergraduate Business Programs. On the 12C, for example, solving for the number of periods in an annuity, the value gets rounded UP to the next integer.Strongly recommended as the best value in inexpensive financial calculators. More importantly, some functions, such as the Time Value of Money functions, on the 12C require interpretation. The 12C uses RPN logic which, while saving even more keystrokes, is simply foreign to most students. Lesser machines do not have this function.Ironically, even larger fancier calculators, such as the venerable HP-12C, are in my estimation inferior as well. As a general rule of thumb, if the calculator can perform the “IRR” function, as this can, it will be able to handle pretty much any calculation into which the finance student, professonal, or banker will run. Less expensive versions, while saving a few dollars, miss important features.

HP 10BII FINANCIAL CALCULATOR CHANGE PAYMENTS PER YEAR MANUAL

HP has the manual available on-line on their website for the inevitable time that the user needs it and has lost the original.While there are cheaper financial calculators, it seems that this particular level is the minimum I would recommend to professionals or students. …The HP 10BII has a well written manual, including examples on using the function. And, the TI-BA-II+ often requires more keystrokes to accomplish the same tasks (i.e., NPV calculations). Having worn out more than one of each, my experience has been that the HP has more staying power. The keys feel more solid, the machine itself “seems” better made. I “recommend” the HP-10B to my university finance students, both graduate and undergraduate.The HP 10B-II is a directly positioned competitor to the TI-BA-II+, but HP’s entry is superior. The new style has a smoother case and a more 21st century look, but the calculator and its functions are still the same.I have used (and own) many of the available financial calculators on the market. This new “II” version is a newer style of the older HP-10B, which will now go out of production.

Hp 10bii financial calculator change payments per year