HP 30b HP 20b Business Consultant and HP 30b Business Professional User's Guid
HP 30b - Business Professional Calculator Manual
View all HP 30b manuals
Add to My Manuals
Save this manual to your list of manuals |
HP 30b manual content summary:
- HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 1
HP 20b Business Consultant HP 30b Business Professional Financial Calculator User's Guide HP Part Number: NW238-90001 Edition 1, December 2009 i - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 2
limited to, the implied warranties of merchantability, noninfringement and fitness for a particular purpose. In this regard, HP shall not be liable for technical or editorial errors or omissions contained in the manual. Hewlett-Packard Company shall not be liable for any errors or for incidental or - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 3
HP 20b Business Consultant iii - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 4
HP 30b Business Professional iv - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 5
screen Time Value of Money keys (TVM) Cash Flow, IRR and NPV keys Data and Statistics menus Input key and Memory menu Insert and Delete/scroll (up and down) Shift key On/Off/Cancel Number 9 10 11 12 13 14 15 16 Feature Common Mathematical functions and Math (Math) menu Program menu* RPN Swap/Close - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 6
vi - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 7
Business Consultant iii HP 30b Business Professional iv Keyboard Map Legend v 1 Basic Features ...1 Welcome to your new HP Financial Calculator 1 Turning the Calculator On and Off 1 Selecting a Language 1 Adjusting the Display Contrast 1 Cursor ...2 Two Line Display...2 The Mode Menu: Setting - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 8
59 10 Business Problems 61 The Percent Calculation Menu 61 11 Depreciation ...65 The Depreciation Menu 66 12 Statistical Operations 69 The Data and Stats Menus 70 13 Programming...75 Programming the HP 30b 75 Key Presses for Program Instructions 75 Programming Example 77 Program Step 0 ...78 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 9
1 Basic Features Welcome to your new HP Financial Calculator This manual is designed to familiarize you with the many features available on your new HP Business and Financial calculators. It includes menu maps, cash flow diagrams, and example problems and solutions with key presses and screen shots - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 10
this manual, this calculator screen. The Mode Menu: Setting Preferences The Mode menu allows you to customize the calculator. To access the Mode menu, press :u < > . Press or repeatedly to scroll through the menu starting with FIX=2 (the number of digits displayed to the right of the decimal - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 11
options. NOTE: the 1000.00 and 1,000.00 options are only available if the decimal separator is set for point (.); 1000,00 and 1.000,00 are available only if the decimal separator is set for comma (,). Chain, Algebraic, or RPN Calculation mode. For more information, refer to Chapter 2, Mathematical - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 12
of digits displayed to the right of the decimal point. - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 13
and Tertiary Key Functions In this manual, key symbols of the commands are provided throughout the manual so you can follow along with press a second time. Key commands for example problems are provided throughout the text and in tables. Key symbols are placed in the order they are to be pressed, - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 14
a specific status in the calculator. Figure 3 illustrates the annunciator symbols in the display. Secondary function active Valid item for the Input key Valid item for the Equals key Assigned value Begin mode active Low batteries Number recall active RPN mode active Number storage Radians - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 15
. To validate a choice and reset the selected items, press I O . Press to cancel. If you select the command to reset the cash flow (Cash Flow), statistics (Stats ), programs (Prgm)* or all values (All ) items, you will be prompted to confirm I your choice. At the Del. All?, Del. Data?, Del. Prgm - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 16
line. This number indicates the number of memory slots used by the cash flow or statistical data. 290 bytes are available for programs. The Prgm* menu item displays the number of bytes used. I Press on the Cash Flow, Statistic, or Prgm* menu item to erase the associated data. Since entering data - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 17
-even menu (Figure 7) is displayed in Figure 5. Figure 5 The large (=) annunciator shows that the value assigned to Fixed is 120,000. For example, if you perform a calculation with the operating mode set to RPN with this item displayed by 1I2+ pressing , Fixed is still selected as the current - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 18
based on available data. 2. Read-only. Read-only items such as Internal Rate of Return (IRR% ) in the IRR menu are display-only; they are values computed internally by the calculator. 3. Write-only. Write-only items, such as investment interest rate (Inv. I% ) in the Net Present Value (NPV) menu - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 19
exponent. The exponent must have a value between -499 and +499. If an expression has more than 12 digits, or if an operation returns a result with more than 12 digits, the calculator automatically displays scientific notation. Figure 1 Scientific Notation in FIX=2 Mode Mathematical Calculations 11 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 20
operator key, , after , the calculation is continued using the currently displayed value. In Chain mode, if you wish to override the left to right order of entry, use parentheses (D to prioritize operations. For example, to calculate 1 + (2 x 3), you may enter the problem as written from left - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 21
in RPN mode, when you are in a menu for which or are valid, pressing these keys enters the number, but it also performs the action associated with the key for the menu item, which is generally saving the number in the variable or calculating the item's value. The RPN Stack RPN works by placing - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 22
an operation is performed on the stack, addition ( ) for instance, the calculator "pops" or moves the two numbers from the bottom levels (Levels 1 and of the stack remains unchanged. -15 -15 12 64 Figure 4 The RPN Stack of Figure 3 Shown After the Addition Operation Last Number Each time you - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 23
Display :u3I Description Sets FIX= to 3.000 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 24
Simple Arithmetic Calculations in RPN Mode Keys Display 3I4 + 5I6 + * Description RPN Stack Inputs the numbers and the operation in the first set of parentheses. Intermediate results are displayed. Note the (+) and (RPN) annunciators. Previous Value Previous Value Previous Value 7 Inputs - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 25
Previous Value Previous Value 77 77 Figure 5 Duplicating a Number on the Stack (D ( In RPN, the parentheses keys manipulate the stack. Pressing performs a roll down of column. -15 23 12 -15 41 12 23 41 Figure 6 The RPN Stack and the Roll Down Operation Mathematical Calculations 17 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 26
. -15 -15 12 -15 41 23 23 41 Figure 7 The RPN Stack and the Swap Operation < ( NOTE: when no menu is selected setting if the active mode is not what your problem requires. For more information on the Mode menu and calculator settings, refer to the section titled, The Mode Menu: Setting - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 27
factorial of x (where -253 < x < 253). The Gamma function is used to calculate x! for non-integers or negative numbers. Calculates the reciprocal. :d :e In Chain or Algebraic mode, recalls the result of the last operation. In RPN mode, returns the content of the Last Number variable. Rounds - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 28
:s DWN Trigonometry DWN Hyperbolic DWN Probability DWN ABS (Absolute DWN Value) LOG DWN IP * FP DWN * INPUT INPUT INPUT PI SINH LTND SIN-1 COSH LTND-1 DWN . Press to scroll through the functions. * IP and FP functions are not available on the HP 20b. 20 Mathematical Calculations - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 29
, random variable to be less than the input. Inverse Lower Tail Normal Distribution (LTND-1) is the inverse function for LTND; it calculates the value (V) for which the probability of a normally distributed, random variable to be less than V is the given input. Student, Inverse Student, Chi2 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 30
the appropriate function in the Probability sub-menu of the Math menu. See Table 2-6. Note: the examples below are calculated with Chain set as the operating mode. Table 2-6 Probability Example Keys 10I 8I :s Display Description Enters 10 degrees of freedom and the number for which probability - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 31
with +-/ * : and , but press to access the secondary function key. For example, to calculate 153 : 1. Press 15. :h 2. Press . 3= 3. Press . The result is shown in Figure 9. Figure 9 I In RPN mode, key in the numbers first, followed by , then press the function key. For example, for - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 32
to the value of memory 2, press 12:$+2. Later on, during a calculation, you can press L2 to recall memory 2. Note how the current value now stored the value of any memory by selecting the memory t and typing a number followed by the key. Recall Arithmetic L+2 In RPN, typing adds the value of - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 33
returning the results. In certain instances, calculations are performed internally with greater than 15-digit precision. When displayed, a number is further rounded to the number of digits after the decimal point set by the FIX item in the Mode menu. The default setting is two digits to the right of - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 34
% In RPN mode, the key calculates x % of the number on Level 2 of the stack, when x is the number on Level 1 of the stack. It does not modify the number % For example, returns 50, but 200 is still on Level - 2 of the stack, and pressing returns 150, or 200-25%. 26 Mathematical Calculations - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 35
are calculated with the Mode menu preferences in their default settings, unless otherwise noted. For more information about basic features and setting preferences, see Chapter 1, Basic Features. Time Value of Money (TVM) Keys Cash flow diagrams are useful tools for analyzing financial situations - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 36
TVM Reset is used. Stores or calculates the future value (FV), a final cash flow. FV always occurs at the end of the last compounding period. Sets Begin mode (BEG). Payments occur at the beginning of each compounding period. :] Sets End mode (END). Payments occur at the end of each compounding - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 37
present value of the loan at the time of the first payment. This value is positive (+); it is money you receive. Inputs 0 as the future value of The Amortization N Y menu calculations are based on values stored in the following TVM registers: , , V, M and [. To enter values for the TVM variables, - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 38
Description Opens the Amortization menu (Amort). Nb Period Start Balance Principal Interest Number of periods to group together in the amortization calculation. The [ default value is the number of payments per year defined by the key. Period on which to start amortization. Default is 1. If you - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 39
? See Table 3-4. The example below is calculated with Chain set as the operating mode, but it can be performed in RPN, Chain, or Algebraic. Table 3-4 Amortization Example Keys Display 12:[ Description Inputs 12 as the number of payments per year. This value is 12 by default, but it maintains - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 40
first payment in the next period to amortize (the second year). Note that the calculator automatically updates Start to the next group of periods to amortize. To reset the menu items to their default values, with any item of the Amortization menu :x I displayed press . With TVM displayed, press - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 41
by C/YR, such as 18% compounded monthly (C/YR=12 ). Effective annual interest rate taking compounding into account. Compounding periods per year. Default is 12. Time Value of Money 33 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 42
or P/YR, an invalid P/YR error (ER: Invalid P/YR) will occur. If you set C/YR to 0, the resulting interest conversions are calculated assuming a continuous compounding. As stated above, 0 is not a valid value for P/YR or C/YR when used in TVM calculations, and you will have to reset it to a valid - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 43
calculator performs calculations assuming that the number of compounding periods always equals the number of payments per year. You can, however, enable the TVM Canada option in the Mode now change the value of P/YR, the calculator automatically sets C/YR so it equals your new value assigned to P/YR - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 44
is calculated with RPN set as the operating mode. Table 4-1 Canadian Mortgage Example Keys :u Display Description Opens the Mode menu, starting with the current FIX value (number of digits to the right of the decimal point). >I Scrolls to TVM mode and sets mode to TVM Canada. O Returns - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 45
In the calculator, a cash flow list is a set of numbered pairs, CF(n) and #CF(n), where n is the index of the cash flow list. Each pair represents one or more cash flows in a cash flow diagram. As with TVM problems, it helps to sketch a cash flow diagram as a first step in solving cash flow problems - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 46
(IRR) of the investment. Calculate net present value (NPV) and net future value (NFV), assuming an annual investment interest rate of 10.5%. See Figure 1 for the cash flow diagram and Table 5-2 for how to enter the cash flows. The example is calculated with RPN as the active operating mode. 38 Cash - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 47
Keys C Display 8000 0}I I 5000 I I 4500 I I I I 4000 I I Description Opens the cash flow list. Inputs -80000 as the monetary value of the initial cash flow. Note: the sign of the cash outflow is negative. Accepts 1 as the number of occurrences for CF(0). Displays the current monetary - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 48
Table 5-2 Cash Flow Example Keys Display 5000 I 5I 1150 00I I Description Inputs 5000 as the monetary value of CF(5). Displays the current value, 1, for the number of times CF(5) occurs. Inputs 5 for the number of occurrences for CF(5). Displays the current monetary value of CF(6). Inputs - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 49
NPV and IRR menus.* Net Present Value. Shows the value of the cash flows at the time of the initial cash flow, discounting the future cash flows by the value set for Inv. I%. Net Future Value. Shows the value of the cash flows at the time of the last cash flow, discounting the earlier cash flows - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 50
P Inv. I% Net PV Net FV Net US Payback DWN Discounted Payback Total #CF/Yr R IRR % Inv. I%* Safe I%* MIRR* DWN FMRR* #CF/Yr Figure 2 The Menu Maps for the NPV and IRR Menus *Does not apply to the HP 20b. 42 Cash Flows - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 51
the NPV of the cash flow with the given Inv. I%. Displays the NFV of the cash flow with the given Inv. I%. Displays the Net US of the cash flow with the given interest rate. Displays the number of periods required for the cash flow to repay the investment Scrolls to the total value of the cash flow - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 52
the IRR menu, enter 8% for investment interest rate, and 5% as a safe rate. Verify the number of cash flows per year, #CF/Yr, is set to 1. The results for MIRR and FMRR are shown in Table 5-6. This example was calculated in Algebraic mode. Cash Flow Number 1 2 3 4 5 6 7 Table 5-5 Cash Flow Amount - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 53
5-6 Keys R Display >1 I - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 54
Sample Cash Flow Diagrams 46 Cash Flows Figure 3 Sample Cash Flow Diagrams - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 55
6 Bonds B Set.Date Mat.Date CPN% Call Yield% Price DWN Accrued Mod. Duration* Macaulay Duration* Actual/Cal.360 Annual/ Semi-annual *Does not apply to the HP 20b. Figure 1 The Menu Map for the Bond Menu Bonds 47 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 56
. Note: input only. CPN% Coupon rate stored as an annual %. Note: input only. Call Call value. Default is set for a call price per 100.00 face value. A bond at maturity has a call value of 100% of its face value. Note: input only. Yield% Yield% to maturity or yield% to call date for given - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 57
price should you pay on April 28, 2010 for a 6.75% U.S. Treasury bond maturing on June 4, 2020, if you want a yield of 4.75%? Assume the bond is calculated on a semiannual coupon payment on an actual/actual basis. See Table 6-2. The example below is calculated with RPN as the active operating mode - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 58
in memory 1. < Displays the current value for accrued interest. =L1+ Returns the result for total price (value of price + value of accrued interest) in RPN mode. If calculating in Chain or Algebraic modes, at this point, press +L1=. The net price you should pay for the bond is 118.58. To reset - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 59
7 Black-Scholes Calculation Menu* : B (HOLD) Stock price Strike price Time to maturity Risk-free % DWN Volatility % Dividend % Call price Put price Figure 1 The Menu Map the Black-Scholes menu *Does not apply to the HP 20b. Black-Scholes Calculation Menu* 51 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 60
underlying asset." The Black-Scholes calculation is based on the contract terms (i.e., the price and date at which the underlying asset can be sold or bought), the quality of the asset itself, its price, volatility and return on investment, and the other available alternatives, such as storing your - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 61
of the average dividend yield of the stock as a percentage of its price. Estimated fair market value for a call option at expiration (a call option is the right to purchase the asset at a given price). Estimated fair market value for a put option at expiration (a put option is the right to sell - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 62
below. Given this data, calculate the call and put prices for the asset. The example is calculated with RPN set as the operating mode. First, enter the historical asset prices and the dividend as ordered pairs in the Data menu. Enter the historical prices for the x values, and the dividend for each - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 63
and 5 for y. Inputs 78 for x and 1 for y. Inputs 72 for x and 0 for y. Opens Black-Scholes menu. Inputs 74 for Stock Price. Scrolls to Strike Price. Inputs 72 for Strike Price. Scrolls to Time to Maturity. Inputs 0.3 years for Time to Maturity. Scrolls to Risk Free%. Inputs 5 for Risk-Free%. Scrolls - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 64
Press to scroll to the next item. < < Description Calculates the standard deviation of the price of the underlying asset based on the historical data entered and pressing . Scrolls to Call Price. Scrolls to Put Price. To reset the menu items to their default values, with any item of the - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 65
problem. Date and calendar formats may be set in the Mode menu. The range of acceptable dates is October 15, 1582 to December 31, 9999. For more information on setting the preferences in the Mode Menu, see the section titled, The Mode menu: Setting Preferences in Chapter 1. I To change the value - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 66
starting date in the selected format. Inputs the ending date in the selected format. Calculates the number of actual days between the starting and ending dates. To reset the menu items to their default values, with any item of the Date menu displayed press :x I O . With Date displayed, press to - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 67
to scroll to the unknown item and press to calculate it. The break-even function allows you to study problems involving a profit, when a quantity of items, with a cost to manufacture and a fixed price to develop and market, is sold at a given price (see Figure 1). Break-even Example The sale - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 68
I - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 69
10 Business Problems :# DWN Mkup.%C DWN Mkup.%P DWN Part% Tot. DWN %Change INPUT INPUT INPUT INPUT Cost Cost Total Old Price Price Part New DWN DWN DWN Mkup.%C Mkup.%P Part% Tot. %Change DWN Nb Period Figure 1 The Menu Map for the Percent Calculation (%calc) Menu The - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 70
To exit the menu, press . NOTE: for business problems, margin is based on price; markup is based on cost. The examples below are calculated with RPN as the active operating mode. Percent Calculation Examples See the tables below for examples of calculations in the %calc menu. 1. Find the markup - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 71
old value and new value. The default is 1, but to change the setting, key in a I number with Nb Period displayed, followed by . After calculating the example above with no compounding, say, for example, you wish to calculate the percent change over six compounding periods: Business Problems 63 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 72
. Inputs 30 for Part. Calculates the value of Part%Total for the given data. To reset the menu items to their default values, with any item of the %calc menu displayed :x I O press . With %Calc displayed, press to reset the menu, or to O cancel. Press to exit the menu. 64 Business Problems - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 73
11 Depreciation :\ Press I to scroll through the options: Sline SOYD DecBal DBXover French Sl Amort F Life Start Cost Salvage Factor Year (auto-increment) Depreciation DWN R. Book Value R. Depreciable Value Figure 1 The Menu Map for the Depreciation Menu Depreciation 65 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 74
line is a method of calculating depreciation presuming an asset loses a certain percentage of its value annually at an amount evenly in for Start= to indicate when the asset was first placed into service. French amortization. This method is an accelerated depreciation method with a - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 75
date in the selected format. Note: for non-French depreciations, if the asset was placed into service in the middle of March, for example, enter 3.5 for Start. The depreciable cost of the asset at acquisition. The salvage value of the asset at the end of its useful life. The declining balance factor - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 76
type a I number and press . Depreciation of the asset in year one. Remaining book value after year one. Remaining depreciable value after year one. The next year for which to calculate the depreciation. To calculate for a year other than 2, type a number and press I. Depreciation of the asset - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 77
12 Statistical Operations :z DWN Press I Descriptive DWN (y items 2 Vars Only) to select: 2 Vars, 1 INPUT Var, or 1 +bx+c only)* S.E. Samp. y Correlation (Not ax2+bx+c)* Covariance (Not ax2+bx+c)* Figure 1 The Menu Map for the Statistics Menu *ax2+bx+c and Quartiles do not apply to the - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 78
values for one-variable statistics, a list of pairs, (x, F) for one-variable statistics with frequency, or a list of pairs, (x, y) I for two-variable statistics Statistics menu, press :z. NOTE: in one-variable modes, there are no items for y, and the Predictions sub-menu is not available calculator - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 79
the data is a sampling of a large, more complete data set. Predicts x for a given hypothetical value of y, based upon the model calculated to fit the data. Predicts y for a given hypothetical value of x, based upon the model calculated to fit the data. The a coefficient for the chosen regression - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 80
Example Sales for the last five months are represented by the pairs of values shown below, with the month number as x, and the sales values as y. Enter these into the Data menu. Using the Statistics menu for Predictions, predict sales for month seven. What is the linear regression line? What - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 81
Opens Stats menu. Opens Descriptive sub-menu. Displays average y. Opens Predictions sub-menu. NOTE: this example performs calculations based on a linear (a*x+b) regression line. Inputs 7 as the Prediction x value (month 7). Calculates Prediction y value (sales at month 7). Statistical Operations 73 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 82
for b: the y-intercept of the regression line. Displays value for Correlation. :z - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 83
basics of programming, you may have trouble understanding some of the following information. Reviewing the material and practicing the concepts illustrated below will help you understand how this feature works on the HP30b. The HP 30b Business Professional is a powerful business calculator, but it - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 84
press the key and (HOLD) it while simultaneously pressing the desired program instruction. The instructions are described in more detail in the following pages. Almost any function you perform with the calculator can be programmed. A program allows you to repeat an algorithm or sequence of commands - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 85
below. For more information about setting the operating mode, refer to the section titled, The Mode Menu: Setting Preferences in Chapter 1, Basic Features. The volume of a sphere is represented by the equation, 43--πr3 . We will create a program that can calculate the volume of a sphere without - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 86
Quits program editing mode. Note that program 0 uses 13 bytes and has a checksum of 104. Checksum is a number that verifies the program data is correct. You must be set in FIX 3 or higher to see the full checksum. If your number does not match that shown, verify your FIX setting is set for - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 87
if you use SIN frequently, you may want to have ASIN available directly on the keyboard as well. Having the ability to assign Program menu. Scrolls to step 1 of Program 9. :sI :(HOLD) < = Press the keys to enter the steps of the program. Note: to enter the scroll down command as an instruction - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 88
by the program and a checksum value of that program. For example, program 0 for the sphere uses 13 bytes and has a checksum of 104 (see Figure 2). Figure 2 There are 290 bytes of program space available. :x To erase all the programs, open the Reset menu (press ) from outside of program mode. In - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 89
When creating a program, there is often a need for the conditional execution of an instruction based on a specific condition, as well as the repetition of a set of instructions. This is handled on the HP 30b using the GOTO, LBL (label) and Test instructions. LBL is an instruction that does not - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 90
if true. Note that in RPN mode, the tests do not remove the arguments from the stack, but do push a 0 or 1. Long Programs and Battery Life Although it is possible to create programs on the HP 30b that can run for a long period of time (calculating PI to 700 decimal places, for example) this is not - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 91
program. This instruction should be placed at the end of every program. (HOLD) R/S: Pauses the program execution and returns to the normal system. You can then resume program Program mode, select an unused program number and press: .05003:$1 (HOLD) (HOLD) (HOLD) (HOLD) This program has - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 92
a message that has been entered in a program, select the message and : press (HOLD) message mode. As an example using the message mode, let's return to our sphere calculation program: :EI 1. opens the Program menu, and you are now at step 1 of Program 0. To insert a message at step 1 and - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 93
the same manner. : If you want to let the program continue by itself, press (HOLD) . If you want to start debugging a program in the middle, place a run/stop (R/S) instruction where you want : to start debugging the program, run the program and start debugging using (HOLD) > < or when the - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 94
, "2" if they are visible. v is "1" for 2 variable statistics, "2" for 1 variable, and "3" for 1 variable frequency. :$:u When using , any illegal value is ignored and this setting will not change. For example: 314:$:u will switch to RPN mode. No other setting will change. 86 Programming - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 95
but it is a powerful addition to the calculator functionality. The solve function utilizes HP Solve, a feature unique to HP calculators, which allows you to find a number for a variable that will cause a program to return a 0. This can be used to solve complex equations. For example, if you want to - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 96
88 Programming - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 97
. Returned when there are many solutions to the problem. Returned by TVM/Amort if N is invalid. Returned by long functions if user stops the calculation prior to completion. Returned if the result is infinite. Returned by statistics functions if there is insufficient data for analysis. Returned - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 98
ER: Stack ER: Parenthesis: ER: Insufficient Memory ER: No Solution Found Status Returned if IRR tries to calculate a solution but cannot find it. User should supply a new guess... Stack overflow when performing calculations with more than 12 pending operations. An error linked to use of parentheses - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 99
its programming instructions due to such defects. HP does not warrant that the operation of HP products will be uninterrupted or error free. If HP is unable, within a reasonable time, to repair or replace any product to a condition as warranted, you will be entitled to a refund of the purchase price - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 100
The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. HP shall not be liable and, if not installed and used in accordance with the instructions, may cause harmful interference to radio communications. However, there - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 101
approved by Hewlett-Packard Company may void the user's authority to operate the equipment. Declaration of 692000, Mail Stop 510101 Houston, TX 77269-2000 or call HP at 281-514-3333 To identify your product, refer to the sur le matériel brouilleur du Canada. European Union Regulatory Notice This - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 102
family. This compliance is indicated by the following conformity marking placed on the product: Hewlett-Packard GmbH, HQ-TRE, Herrenberger may be found at http:// www.hp.com/go/certificates. Japanese Notice Korean Notice Disposal of Waste Equipment by Users in Private Household in the European - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 103
purchase and calculator serial number ready when you call. Telephone numbers are subject to change, and local and national telephone rates may apply. A complete list is available on the web at: www.hp.com/support Virgin Islands Bulgaria Canada Cayman Island Chile Contact www.hp.com/support 1-800-711 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 104
Contact 800-820-9669 01-8000-51-4746-8368 (01-8000-51- HP INVENT) 0-800-011-0524 www.hp.com/support 001-800-872-2881 + 800-711-2884 296 335 612 82 33 990-011; 800-711-2884 0-800-990-011; 800-711-2884 069 9530 7103 www.hp.com/support 210 969 6421 1-800-711-2884 0-800-990-011; 800-711-2884 1-800-999 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 105
-711-2884 00531-86-0011 www.hp.com/support www.hp.com/support www.hp.com/support www.hp.com/support 2730 2146 1800-88-8588 0-800-990-011; 877-219-8671 www.hp.com/support 01-800-474-68368 (800 HP INVENT) www.hp.com/support 1-800-711-2884 www.hp.com/support www.hp.com/support 020 654 5301 001-800-872 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 106
Turks & Caicos UAE United Kingdom Uruguay US Virgin Islands United States Venezuela 98 Warranty, Regulatory, and Contact Information Contact www.hp.com/support 6272-5300 www.hp.com/support 0800980410 00798-862-0305 913753382 1-800-711-2884 1-800-478-4602 1-800-711-2884 01-800-711-2884 156 ; 800 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 107
Table 15-1 Contact Information Country/Region Vietnam Viêt Nam Zambia Contact +65-6272-5300 www.hp.com/support Warranty, Regulatory, and Contact Information 99 - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 108
100 Warranty, Regulatory, and Contact Information - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 109
date 48 price 48 resetting menu to defaults 50 settlement date 48 yield 48 Bond annual, semiannual 48 Bond type Annual, Semiannual 4 Break-even Break-even menu 59 example 59 resetting menu items to defaults 60 Business problems see Percent Calculation menu 61 C Calculation mode Chain, Algebraic, RPN - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 110
to defaults 38 example 38 IRR and NPV menu items 41 keys used 38 lists 37 sample cash flow diagrams 46 Chain mode 12 checksum 78 Combinations 21 D Date calculation example 57 Date Calculation menu 57 resetting menu items to defaults 58 setting format for 3 debugging 85 Decimal comma or point - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 111
24 reciprocal 19 round 19 scientific notation 11 secondary functions 4 shift key 4 sine 19 square 19 square root 19 store 24 tangent 19 up and down scroll keys 2 key instructions 76 key presses 75 Keyboard map and legend v L Language selecting a 1 M Margin See Percent Calculation menu 61 Markup - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 112
and number format 2 NPV and IRR menus 41 Percent Calculation menu 61 Reset menu 7 Statistics menu 70 Time Value of Money keys 27 messages 84 MIRR 41 example 44 mode settings 86 N Net Future Value 41 Net Present Value 41 Net US 41 Number entry 11 last number function 14 rounding 25 storing and - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 113
functions 79 Recall number 24 Reverse Polish Notation see RPN 13 RPN description of 13 example 15 manipulating the stack 15 roll down 17 stack 13 swap 18 S Safe interest rate 41 saving, storing, modifying 86 Scientific notation 11 Statistics a slope for linear model 71 b y-intercept for linear model - HP 30b | HP 20b Business Consultant and HP 30b Business Professional User's Guid - Page 114
see TVM 27 TVM begin mode 28 Canadian Mortgage example 35 end mode 28 example 28 future value 28 keys 28 nominal interest rate 28 number of payments 28 number of payments per year 28 periodic payment value 28 present value 28 setting for TVM Standard or TVM Canada 4 storing and recalling with TVM
i
HP 20b Business Consultant
HP 30b Business Professional
Financial Calculator User’s Guide
HP Part Number: NW238-90001
Edition 1, December 2009