HP HP12C hp 12c_user's guide_English_E_HDPMBF12E44.pdf

HP HP12C - 12c Financial Calculator Manual

Get HP HP12C - 12c Financial Calculator PDF manuals and user guides
UPC - 882780792104
View all HP HP12C manuals
Add to My Manuals
Save this manual to your list of manuals

HP HP12C manual content summary:

  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 1
    hp 12c financial calculator user's guide H Edition 4 HP Part Number 0012C-90001 File name: hp 12c_user's guide_English_HDPMBF12E44 Printed Date: 2005/7/29 Page: 1 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 2
    TO CHANGE WITHOUT NOTICE. HEWLETT-PACKARD COMPANY MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MANUAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE. HEWLETT-PACKARD CO. SHALL NOT BE LIABLE FOR ANY ERRORS OR
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 3
    Introduction About This Handbook This hp 12c user's guide is intended to help you get the most out of your investment in your hp 12c Programmable Financial Calculator. Although the excitement of acquiring this powerful financial tool may prompt you to set this handbook aside and immediately begin "
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 4
    warranty and service information. z The Function Key Index and Programming Key Index at the back of the handbook can be used as a handy page reference to the comprehensive information inside the manual Financial Calculations in the United Kingdom The calculations for most financial problems in the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 5
    26 Net Amount 27 Percent Difference 27 Percent of Total 28 Calendar Functions 29 Date Format 29 Future or Past Dates 30 Number of Days Between Dates 31 Section 3: Basic Financial Functions 32 The Financial Registers 32 Storing Numbers Into the Financial Registers 32 Displaying Numbers in
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 6
    Value 48 Odd-Period Calculations 50 Amortization 54 Section 4: Additional Financial Functions 57 Discounted Cash Flow Analysis: NPV and IRR 57 Calculating Net Present Value (NPV 58 Calculating Internal Rate of Return (IRR 63 Reviewing Cash Flow Entries 64 Changing Cash Flow Entries 65 Bond
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 7
    -Alteration Functions 83 One-Number Functions 83 The Power Function 85 Part II. Programming 87 Section 8: Programming Basics 88 Why Use Programs 88 Creating a Program 88 Running a Program 89 Program Memory 90 Identifying Instructions in Program Lines 91 Displaying Program Lines
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 8
    123 Section 12: Real Estate and Lending 124 Annual Percentage Rate Calculations With Fees 124 Price of a Mortgage Traded at a Discount or Rate 162 Section 16: Bonds 163 30/360 Day Basis Bonds 163 Annual Coupon Bonds 166 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 9
    Error 5: Compound Interest 183 Error 6: Storage Registers 183 Error 7: IRR 184 Error 8: Calendar 184 Error 9: Service 184 Pr Error 184 Appendix D: Formulas Used 185 Percentage 185 Interest 185 Simple Interest 185 Compound Interest 186 Amortization 186 Discounted Cash Flow
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 10
    New Battery 193 Verifying Proper Operation (Self-Tests 194 Warranty 196 Service 197 Regulatory Information 199 Temperature Specifications 199 Noise Declaration 199 Disposal of Waste Equipment by Users in Private Household in the European Union 200 Appendix F: United Kingdom Calculations 201
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 11
    Easy Before you begin to read through this handbook, let's take a look at how easy financial calculations can be with your hp 12c. While working through the examples below, don't be concerned about learning how to use the calculator; we'll cover that thoroughly beginning with Section 1. Example
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 12
    -21,396.61 Clears previous data inside the calculator and sets display to show two decimal places. Calculates and stores the number of compounding periods. Calculates and stores the periodic interest rate. Stores periodic payment amount. Sets payment mode to Begin. Amount required to be deposited
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 13
    from the preceding example. Keystrokes Display 45ÞP -45.00 Stores payment amount. ¼ 0.42 Periodic interest rate. 12§ 5.01 Annual interest rate. This is only a small sampling of the many financial calculations that can now be done easily with your hp 12c. To begin learning about this
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 14
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 15
    Part I Problem Solving File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 15 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 16
    in the upper-left corner of the display when the calculator is on signifies that the available battery power is nearly exhausted. To replace the batteries, refer to Appendix E. The Keyboard Many keys on the hp 12c perform two or even three functions. The primary function of a key is indicated by the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 17
    from the factory - or after Continuous Memory is reset - the decimal point in displayed numbers is a dot, and the separator between each group of three digits is a comma. If you wish, you can set the calculator to display a comma for the decimal point and a dot for the three-digit separator. To
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 18
    notation can be used in calculations just like any other number. The CLEAR Keys Clearing a register or the display replaces the number in it with zero. Clearing program memory replaces the instructions there with gi00. There are several clearing operations on the hp 12c, as shown in the table
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 19
    after you pressed \, two zeroes appeared following the decimal point. This is nothing magical: the calculator's display is currently set to show two decimal places of every number that has been entered or calculated. Before you pressed \, the calculator had no way of knowing that you had completed
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 20
    press the \ key to separate two numbers is when you are keying them both in, one immediately following the other. The hp 12c is designed so that each time you press a function key in RPN mode, the calculator performs the operation then - not later - so that you see the results of all intermediate
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 21
    . The new, current balance appears in the display. The preceding example demonstrates how the hp 12c calculates just as you would using pencil and paper (except a lot faster!): Let's see this happening in a different type of calculation - one that involves multiplying groups of two numbers and
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 22
    each other, without performing a calculation in between. To check your understanding of how to calculate with your hp 12c, try the following problems yourself. Although these problems are relatively simple, more complicated problems can be solved using the same basic steps. If you have difficulty
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 23
    (data) in the hp 12c are stored in memories called "storage registers" or simply "registers." (The singular term " memory" is sometimes used in this handbook to refer to the entire collection of storage registers.) Four special registers are used for storing numbers during calculations (these "stack
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 24
    Suppose you wanted to perform an arithmetic operation with the number in the display and the number in a storage register, then store the result back into the same register without altering the number in the display. The hp 12c enables you to do all this in a single operation: 1. Press ?. 2. Press
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 25
    in R0. Note that the display continues to show the amount subtracted; the answer is placed only in R . 0 Subtracts the second check. Subtracts the third check. Adds the deposit. Recalls the number in R0 to check the new balance. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 26
    2 Percentage and Calendar Functions Percentage Functions The hp 12c includes three keys for solving percentage problems: b, à, and Z. You don't need to convert percentages to their decimal equivalents; this is done automatically when you press any of these keys. Thus, 4% need not be changed to 0.04
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 27
    and Calendar Functions 27 Net Amount A net amount - that is, the base amount plus or minus the percentage amount - can be calculated easily with your hp 12c, since the calculator holds the base amount inside after you calculate a percentage amount. To calculate a net amount, simply calculate the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 28
    what percentage it is of the number in the display. Europe had nearly 30% of the total sales. The hp 12c holds the total amount inside after a percent of total is calculated. Therefore, to calculate what percentage another amount is of the total: 1. Clear the display by pressing O. 2. Key in that
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 29
    in the display. Europe had nearly 30% of the total sales. Calendar Functions The calendar functions provided by the hp 12c - D and Ò - can handle dates from October 15, 1582 through November 25, 4046. Date Format For each of the calendar functions - and also for bond calculations (E and S) - the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 30
    30 Section 2: Percentage and Calendar Functions Day-Month-Year. To set the date format to day-month-year, press gÔ. To key in a date with this format in effect: 1. Key in the one or two digits of the day. 2. Press the decimal point key (.). 3. Key in the two digits of the month. 4. Key in the four
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 31
    leap days (the extra days occurring in leap years), if any. In addition, the hp 12c also calculates the number of days between the two dates on the basis of a 30-day month. This answer is held inside the calculator; to display it, press ~. Pressing ~ again will return the original answer to the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 32
    Section 3 Basic Financial Functions The Financial Registers In addition to the data storage registers discussed on page 23, the hp 12c has five special registers in which numbers are stored for financial calculations. These registers are designated n, i, PV, PMT, and FV. The first five keys on the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 33
    unchanged. The financial registers are also cleared when you press fCLEARH and when Continuous Memory is reset (as described on page 70). Simple Interest Calculations The hp 12c simultaneously calculates simple interest on both a 360-day basis and a 365-day basis. You can display either one, as
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 34
    interest, 365-day basis. Total amount: principal plus accrued interest. Financial Calculations and the Cash Flow Diagram The concepts and examples presented in this section are representative of a wide range of financial calculations. If your specific problem does not appear to be illustrated
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 35
    other time unit, as long as the interest rate is expressed in terms of the same basic compounding period. In the problem illustrated in the cash flow diagram above, n = 2 × 12. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 35 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 36
    Interest Calculations; problems involving unequal payments can be handled as described in under Discounted Cash Flow Analysis: NPV and IRR. Procedures for calculating the balance in a savings account after a series of irregular and/or unequal deposits are included in the hp 12c Solutions Handbook
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 37
    Continuous Memory is reset, the payment mode will be set to End. Generalized Cash Flow Diagrams Examples of various kinds of financial calculations, together with the applicable cash flow diagrams, appear under Compound Interest Calculations later in this section. If your particular problem does not
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 38
    38 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 38 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 39
    1. Press fCLEARG to clear the financial registers. 2. Enter the periodic interest rate, using ¼ or C. 3. Enter at least two of the following values: z Present value, using $. z Payment amount, using P. z Future value, using M. Note: Remember to observe the cash flow sign convention. 4. If
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 40
    3: Basic Financial Functions If the answer calculated is not an integer (that is, there would be nonzero digits to the right of the decimal point), the calculator rounds the answer up to the next higher integer before storing it in the n register and displaying it.* For example, if n were calculated
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 41
    Section 3: Basic Financial Functions 41 Keystrokes 12z Display 27.33 Twenty-seven years and four months. Because the calculator rounds the calculated value of n up to the next higher integer, in the preceding example it is likely that - while 328 payments will be required to pay off the loan -
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 42
    42 Section 3: Basic Financial Functions Example 2: You're opening a savings account today (the 4000M g n 2z Display 0.26 -775.00 -50.00 4,000.00 4,000.00 58.00 29.00 Calculates and stores i. Stores PV (with minus sign for cash paid out). Stores PMT (with minus sign for cash paid out). Stores
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 43
    Press fCLEARG to clear the financial registers. 2. Enter the number of payments or periods, using n or A. 3. Enter at least two of the following values: z Present value, using $. z Payment amount, using P. z Future value, using M. Note: Remember to observe the cash flow sign convention. 4. If
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 44
    to clear the financial registers. 2. Enter the number of payments or periods, using n or A. 3. Enter the periodic interest rate, using ¼ or C. 4. Enter either or both of the following: z Payment amount, using P. z Future value, using M. Note: Remember to observe the cash flow sign convention
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 45
    Maximum amount of loan. Maximum purchase price. Example 2: A development company would like to purchase a group of condominiums with an annual net cash flow of $17,500. The expected holding period is 5 years, and the estimated selling price at that time is $540,000. Calculate the maximum amount the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 46
    provide a 12% annual yield. PV is displayed with a minus sign since it represents cash paid out. Calculating the Payment Amount 1. Press fCLEARG to clear the financial registers. 2. Enter the number of payments or periods, using n or A. 3. Enter the periodic interest rate, using ¼ or C. 4. Enter
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 47
    Section 3: Basic Financial Functions 47 Keystrokes fCLEARG 29gA 14.25gC 43400$ g P Display 348.00 1.19 43,400.00 43,400.00 -523.99 Calculates and stores n. Calculates and stores i. Stores PV. Sets payment mode to End. Monthly payment (with minus sign for cash paid out). Example 2: Looking
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 48
    to clear the financial registers. 2. Enter the number of payments or periods, using n or A. 3. Enter the periodic interest rate, using ¼ or C. 4. Enter either or both of the following: z Present value, using $. z Payment amount, using P. Note: Remember to observe the cash flow sign convention
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 49
    Section 3: Basic Financial Functions 49 Example 2: If you deposit $50 a month (at the beginning of each month) into a new account that pays 61/4% annual interest compounded monthly, how much will you have in the account after 2 years? Keystrokes fCLEARG 2gA 6.25gC 50ÞP g× M Display 24.00 0.52 -50
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 50
    50 Section 3: Basic Financial Functions Keystrokes 2Þ¼ 32000Þ $ M Display -2.00 Stores i (with minus sign for a "negative interest rate"). -32,000.00 Stores PV (with minus sign for cash paid out). 28,346.96 Property value after 6 years. Odd-Period Calculations The cash flow diagrams and
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 51
    Section 3: Basic Financial Functions 51 You can calculate i, PV, PMT, and FV for transactions involving an odd period simply by entering a noninteger n. (A noninteger is a number with at least one nonzero digit to the right of the decimal point.) This places the calculator in Odd-Period mode.* The
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 52
    3: Basic Financial Functions Example 1: A 36-month loan for $4,500 accrues interest at a 15% annual percentage rate (APR), with the payments made at the end of each month. If interest begins accruing on this loan on February 15, 2004 (so that the first period begins on March 1, 2004), calculate the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 53
    Section 3: Basic Financial Functions 53 Example 2: A 42-month car loan for $3,950 began accruing interest on July 19, 2004, so that the first period began on August 1, 2004. Payments of $120 are made at the end of each month. Calculate the annual percentage rate (APR), using the actual number of
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 54
    3: Basic Financial Functions Amortization The hp 12c enables you to calculate the amounts applied toward principal and toward interest from a single loan payment or from several payments, and also tells you the remaining balance of the loan after the payments are made.* To obtain an amortization
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 55
    following any that have already been amortized. Thus, if you now press 12f!, your hp 12c will calculate the amounts applied to interest and to the principal from the second year's payments (that is, the second 12 months): Keystrokes 12f! ~ dd :$ :n Display -6,570.72 Portion of second year
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 56
    , then calculate the amounts applied to interest and to the principal from the first month's payment. Since the interest rate is not being changed, do not press fCLEARG; to calculate PMT, just enter the new value for n, reset PV, then press P. Keystrokes 30gA 50000$ P 0n 1f! ~ :$ Display 360.00
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 57
    Financial Functions Discounted Cash Flow Analysis: NPV and IRR The hp 12c provides functions for the two most widely-used methods of discounted cash flow analysis: l (net present value) and L (internal rate of return). These functions enable you to analyze financial problems involving cash flows
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 58
    is not financially attractive. Calculating Net Present Value (NPV) Calculating NPV for Ungrouped Cash Flows. If there are no equal consecutive cash flows, use the procedure described (and then summarized) below. With this procedure, NPV (and IRR) problems involving up to 20 cash flows (in addition
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 59
    period, press 0 gK. 4. Repeat step 3 for each cash flow until all have been entered. With the amounts of the cash flows stored in the calculator's registers, you can calculate NPV as follows: 1. Enter the interest rate, using ¼ or C. 2. Press fl. The calculated value of NPV appears in the display
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 60
    . Note that although a cash flow amount ($4,500) occurs twice, these cash flows are not consecutive. Therefore, these cash flows must be entered using the method described above. Keystrokes fCLEARH 80000ÞgJ 500ÞgK 4500gK 5500gK 4500gK 130000gK :n 13¼ fl Display 0.00 Clears financial and storage
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 61
    Financial Functions 61 Calculating NPV for Grouped Cash Flows. A maximum of 20 cash flow amounts (in addition to the initial investment CF0) can be stored in the hp 12c.* However, problems involving more than 20 cash flows can be handled if among the cash flows there are equal consecutive cash flows
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 62
    13.5¼ fl Display 0.00 -79,000.00 Clears financial and storage registers. Initial investment (with minus sign for a negative cash flow). 14,000.00 First cash flow amount. 11,000.00 10,000.00 3.00 9,100.00 Next cash flow amount. Next cash flow amount. Number of times this cash flow amount occurs
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 63
    Section 4: Additional Financial Functions 63 Calculating Internal Rate of Return (IRR) 1. Enter the cash flows using either of the methods described above under Calculating Net Present Value. 2. Press fL. The calculated value of IRR appears in the display and also is automatically stored in the i
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 64
    manually change the number in the n register in order to display a single Nj and/or CFj, be sure to reset the number in the n register to the total number of cash flow amounts originally entered (not including the amount of the initial investment CF0). If this is not done, NPV and IRR calculations
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 65
    Section 4: Additional Financial Functions 65 Keystrokes :ga 7n Display 2.00 7.00 N5 Resets the number in the n register to its original value. To display all the cash flow amounts and the number of times they occur consecutively: Keystrokes :ga :gK :ga :gK :ga :gK . . . Display 1.00 N7 100,
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 66
    Functions Note: If you change the number in the n register in order to change an Nj, be sure to reset the number in the n register to the total number of cash flow amounts originally entered (not including the amount of the initial investment CF0). If this is not done, NPV and IRR calculations
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 67
    and also is stored in the i register. Note: Remember that the S function may take a significant amount of time to produce an answer, during which the calculator displays running. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 67 of 209 Dimension: 14.8 cm x 21
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 68
    declining-balance method. V, Ý, and # each place the amount of depreciation in the display. To display the remaining depreciable value (the book value less the salvage value) after the depreciation has been calculated, press ~. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 69
    life using the declining-balance method at double the straight-line rate (200 percent declining-balance). Keystrokes 10000$ 500M 5n 200¼ 1f# ~ 2f# ~ 3f# ~ Display year, refer to the procedures in Section 13. That section also includes a procedure for depreciation calculations when changing from
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 70
    1. Turn the calculator off. 2. Hold down the - key, and press ;. When Continuous Memory is reset: z All registers are cleared. z Program memory consists of eight program lines, each containing the instruction g(00. z Display format is set to the standard format with two decimal places. z Date format
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 71
    Although you see only two decimal places, all calculations in your hp 12c are performed with full 10-digit numbers. When only two decimal places are displayed, numbers are rounded to two decimal places: if the third digit is 5 through 9, the second digit is increased by one; if the third digit is
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 72
    remain in effect until you change them; they are not reset each time the calculator is turned on. However, if Continuous Memory is reset, when the calculator is next turned on numbers will be displayed in the standard display format with two decimal places shown. If a calculated answer is either too
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 73
    number previously in the display. To set the display back to standard display format, press f followed by the desired number of decimal places. Scientific notation display format remains in effect until you change to the standard display format; it is not reset each time the calculator is turned on
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 74
    division by zero - the calculator will display the word Error followed by a digit (0 through 9). To clear the Error display, press any key. This does not execute that key's function, but does restore the calculator to its condition before the improper operation was attempted. Refer to Appendix C for
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 75
    . Recalls unit cost into display again. Cost of a package of 250. Another method for doing arithmetic calculations with constants is described on page 177. Recovering From Errors in Digit Entry Example: Suppose you want to divide the total annual production for one of your firm's products (429
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 76
    for a new set of data, you should clear the statistics registers by pressing fclear².* In one-variable statistical calculations, to enter each data point - referred to as an "x-value" - key the x-value into the display, then press _. In two-variable statistical calculations, to enter each data pair
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 77
    data point or data pair. You can then enter the data correctly, using _, just as if it were new. Mean Pressing gÖ calculates the means (arithmetic averages) of the x-values ( x ) and of the y-values ( y ). The mean of the x-values appears in the display after Ö is pressed; to display the mean of
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 78
    Functions 50\ 28000_ 35\ 15000_ gÖ ~ Display 0.00 32.00 1.00 40.00 Clears statistics registers. First entry. Second entry. Third entry. Fourth entry. Fifth entry. Sixth entry. Total number of entries in the sample. Mean dollar sales per month ( x ). Mean workweek in hours ( y ). File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 79
    of the x-values and of the y-values from the preceding example: Keystrokes gv ~ Display 4,820.59 6.03 Standard deviation of sales. Standard deviation of hours worked. The formulas used in the hp 12c for calculating sx, and sy give best estimates of the population standard deviation based on
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 80
    in a new x-value. 2. Press gR. To calculate xˆ : 1. Key in a new y-value. 2. Press gQ. Example: Using the accumulated statistics from the preceding problem, estimate the amount of sales delivered by a new salesperson working 48 hours per week. Keystrokes 48gQ Display 28,818.93 Estimated sales for
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 81
    ) and its corresponding weight (number of gallons purchased), use the  key to find the weighted mean: Keystrokes fCLEAR² 1.16\15_ 1.24\7_ 1.20\10_ 1.18\17_ Display 0.00 1.00 2.00 3.00 4.00 Clears statistics registers. First item and weight. Second item and weight. Third item and weight. Fourth
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 82
    82 Section 6: Statistics Functions Keystrokes g Display 1.19 Weighted mean cost per gallon. A procedure for calculating the standard deviation and standard error (as well as the mean) of weighted or grouped data is included in the hp 12c Solutions Handbook. File name: hp 12c_user's
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 83
    the desired number of decimal places, then press fB. Integer. Pressing gÑ replaces the number in the display by its integer portion - that is, it replaces each digit to the right of the decimal point by 0. The number is changed inside the calculator as well as in the display. The original number can
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 84
    portion - that is, it replaces all digits to the left of the decimal point by 0. Like Ñ, T changes the number inside the calculator as well as its displayed version. The original number can be recalled to the display by pressing gF. All of the above functions are used basically in the same way. For
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 85
    Number-Alteration Functions 85 The Power Function Pressing q calculates a power of a number - that is, yx. Like the arithmetic function +, q calculate the power. To Calculate Keystrokes Display 21.4 2-1.4 (-2)3 2\1.4q 2\1.4Þq 2Þ\3q 2.64 0.38 -8.00 3 2 or 21/3 2\3yq 1.26 File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 86
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 87
    Part II Programming File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 87 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 88
    calculate the net cost of an item listing for $200. Keystrokes Display 200 \ 25b 200. 200.00 50.00 Keys in cost of item. Separates cost of item from percentage to be keyed in next. Amount of discount. 88 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 89
    to Program mode and erase any program(s) already stored: Keystrokes fs fCLEARÎ Display 0000- Sets calculator to Program mode. Clears program(s). Finally, press the keys that we used above to solve the problem manually. Do not key in 200; this number will vary each time the program is used
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 90
    Run mode. Program Memory Keystrokes entered into the calculator in Program mode are stored in program memory. Each digit, decimal point, or function key is called an instruction and is stored in one line of program memory - usually referred to simply as a program line. Keystroke sequences beginning
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 91
    Section 8: Programming Basics 91 Identifying Instructions in Program Lines Each key on the hp 12c keyboard - except for the digit Thus, when you keyed the instruction b into program memory, the calculator displayed 04- 25 This indicates that the key for the instruction in program line 04 is in
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 92
    Pressing fs to set the calculator from Run mode to Program mode displays the line number and keycode for the program line to which the calculator is currently set. Occasionally you'll want to check several or all of the instructions stored in program memory. The hp 12c enables you to review program
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 93
    able to tell from the keycodes displayed, the instruction in program line 08 is gi00. The 00 Instruction and Program Line 00 Whenever you run the program now stored in program memory, the calculator executes the instruction in line 08 after executing the seven instructions you keyed in. This i00
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 94
    94 Section 8: Programming Basics Expanding Program Memory If no instructions have been keyed into program memory, if Continuous Memory has been reset, or if fCLEARÎ has been pressed (in Program mode), program memory consists of 8 program lines, and there are 20 storage registers available for
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 95
    , you can do so more quickly as follows: z With the calculator in Program mode, pressing gi. followed by two digit keys sets the calculator to the program line specified by the digit keys, and then displays that line number and the keycode of the instruction stored there. File name: hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 96
    Basics z With the calculator in Run mode, pressing gi followed by two digit keys sets the calculator to the program line specified by the digit keys. Since the calculator is not in Program mode, the line number and keycode are not displayed. The decimal point is not necessary if the calculator
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 97
    . The hp 12c provides two functions for doing so: u (pause) and t (run/stop). Pausing During Program Execution When a running program executes a u instruction, program execution halts for about 1 second, then resumes. During the pause, the calculator displays the last result calculated before the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 98
    we'll store it in register R0 and recall it before the b instruction. Before storing the program in program memory, we'll calculate the required amounts for the first item on the invoice manually. The keystroke sequence will use storage register arithmetic (described on page 24) in registers
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 99
    Section 8: Programming Basics 99 Pressing the gu keys is not necessary when we do the calculations manually, since in Run mode the result of every intermediate calculation is displayed automatically; but we'll include u instructions in the program so that the intermediate results AMOUNT and TAX are
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 100
    2,177.70 345. t :1 :2 :3 1,725.00 116.44 1,841.44 5,967.70 402.82 6,370.52 Sets calculator to Run mode. Clears registers R1- R6. Stores tax rate. Enters quantity and price of first item on invoice. AMOUNT for first item. TAX for first item. TOTAL for first item. Enters quantity and price of
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 101
    execution to display TAX. 2 40 3 Sets calculator to Run mode. Clears registers R through R . 1 6 First item. AMOUNT for first item. TAX for first item. TOTAL for first item. Second item. AMOUNT for second item. TAX for second item. TOTAL for second item. File name: hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 102
    order to locate the error), press any key to clear the Error display, then press fs to set the calculator to Program mode and display that program line. You may also want to display the current program line (by pressing fs) if your program has halted at one of several t instructions in your program
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 103
    done to create loops (as described next); forward branching is typically done in conjunction with an o or m instruction for conditional branching (as described afterward). 103 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 103 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 104
    the required data in the financial registers - just as we would do if we were amortizing a single payment manually. We'll run the program for a $50,000 mortgage at 123/4% for 30 years, and we'll key 1 into the display just before running it in order to amortize monthly payments. For the first
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 105
    to be amortized can be recalled to the display before the ! instruction in line 03 is executed. 0.00 0.00 360.00 1.06 50,000.00 50,000.00 -543.35 0.00 1. 01- 44 Sets calculator to Run mode. (Display shown assumes no results remain from previous calculations.) Clears financial registers. Enters
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 106
    106 Section 9: Branching and Looping Keystrokes Ê Ê Ê Ê Ê Display 02- 45 0 Line 02: :0. This is the beginning of the 's payment applied to principal. 31 Line 06: gu. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 106 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 107
    calculate taxes might need to branch to different program lines depending on the tax rate for the particular income level. The hp 12c provides two conditional test instructions the calculator were in Run mode, have been in the display when \ was pressed. For example, pressing 4\5 would place the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 108
    such as o are executed, it is extremely helpful when writing the program to show the quantities in each register after each instruction is executed, as in the following diagram. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 108 of 209 Dimension: 14.8 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 109
    the Y-register when the b instruction in line 08 is executed. Keystrokes fs fCLEARÎ :0 ~ go Display 07- 43, 33 00- 01- 45 02- 03- 43 02 Sets calculator to Program mode. (Display shows program line at which execution was halted at end of preceding example.) Clears program memory. 0 Recalls
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 110
    . 25 Calculates tax. Sets calculator to Run mode. (Display shows results instructions to check that the program branches correctly for all possible conditions: in this case, if the income is less than, equal to, or greater than the test value. Keystrokes 20000?0 20?1 25?2 15000 Ê Ê Ê Ê Display
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 111
    to Y-register. 34 Line 02: ~. Income has been placed in X-register and test value has been placed in Y-register. 34 Line 03 go. 07 Condition tested value into display and X-register. 0 Line 01: :0. Test value has been recalled to X-register, moving income to Y-register. File name: hp 12c_user's
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 112
    112 Section 9: Branching and Looping Keystrokes Ê Ê Ê Ê Ê Display 0225,000.00 03- 43 25,000.00 05- 45 25.00 06- 43, 33 25.00 086,250.00 34 Line 02: ~. Income has been placed in X-register and test value has been placed in Y-register. 34 Line 03: go. 2 Condition tested by o was false, so
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 113
    results or u to display intermediate results; or to replace a u instruction by an t instruction. Rather than clearing program memory and keying in the modified program, you can modify the program already stored in the calculator. This is called program editing. Changing the Instruction in a Program
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 114
    do so as follows: Keystrokes fs gi.08 - fs 15000t Display 0008- 09- 25.00 12,000.00 Sets calculator to Program mode. 25 Sets calculator to last line keyed into program memory. 30 Keys new instruction into program line 09. Sets calculator back to Run mode. Net income after 20% tax is subtracted
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 115
    may require a significant amount of time, in such situations you may prefer to use the method described below under Adding Instructions by Branching. That method basically involves branching to the new instructions which are stored at the end of program memory, then branching back to the program
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 116
    Display 0008- 0910- 12,000.00 3,000.00 12,000.00 Sets calculator to Program mode. 25 Sets calculator to last program line to be executed, which contains the b instruction. 31 Keys in new instruction. 30 Keys in original instruction, which was replaced by new instruction added. Sets calculator back
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 117
    fewer keystrokes to add the new instructions by branching than to add them by replacement. Keystrokes fs gi.00 gi12 gi.10 gi00 Display 00- Sets calculator to Program mode. 00- Sets calculator to program line immediately preceding point at which new instructions are being added. (In this
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 118
    .) 17- 43, 33 02 Branches back to second line (line 02) following point at which new instructions are being added. 12,000.00 Sets calculator back to Run mode. 7,500.00 6,500.00 Stores test value in register R . 3 Runs program for income less than $7,500. Display shows original income keyed in
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 119
    Section 10: Program Editing 119 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 119 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 120
    set the calculator to Program mode. Do not clear program memory. 2. Press gi. followed by two digits that specify the number of the last line you keyed into program memory. Note: If this is the second program to be stored in program memory, you will need to ensure that a i00 instruction separates it
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 121
    i00 instruction 30 24- 5 25- 40 26- 31 Halts program execution. 27- 43, 33 19 Branches to beginning of program. 12,000.00 Sets calculator back to Run mode. (Display shown assumes results remain from running program in previous example.) File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 122
    occupying 27 program lines), store the amortization program from Section 9(page 103). instruction in line 34. Keystrokes fs gi.27 ?0 :0 f! gu ~ gu gi29 Display 00- 27- 43, 33 28- 44 Sets calculator to Program mode. 19 Sets calculator to last line keyed into program memory. 0 29- 45 0 30
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 123
    Part III Solutions File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 123 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 124
    the interest rate. The actual amount received by the borrower (PV) is reduced, while the periodic payments remain the same. Given the life or term of the mortgage, the interest rate, the mortgage amount, and the basis of the fee charge (how the fee is calculated), the true Annual Percentage Rate
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 125
    paying? (One point is equal to 1% of the mortgage amount.) Keystrokes g fCLEARG 30gA 11.5gC 60000$ P :$2b-$ ¼ 12§ Display 360.00 0.96 60,000.00 -594.17 58,800.00 0.98 11.76 Months (into n) Percent monthly interest rate (into i). Loan amount (into PV). Monthly payment (calculated). Actual amount
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 126
    as 2 points plus $150? Keystrokes g Display fCLEARG 30gA 11.5gC 60000$ P :$2b150-$ ¼ 12§ 360.00 0.96 60,000.00 -594.17 58,800.00 58,650.00 0.98 11.80 Months (into n) Percent monthly interest rate (into i). Loan amount (into PV). Monthly payment (calculated). Effective mortgage amount (into PV
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 127
    a low interest rate loan. The interest rate is amount is not given, it must be calculated.) Keystrokes g fCLEARG 26gA 9.5gC 49350Þ$P 12gC $ Display problem in seen from the viewpoint of the lender who will be receiving payments. The negative PV indicates money that was lent out. File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 128
    -100,000.00 Mortgage amount (into PV; negative to indicate money paid out). 884.58 Payment received (calculated). 252.00 Recall number of periods. 210.00 Number of periods left after mortgage is bought (into n). * Positive for cash received; negative for cash paid out. File name: hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 129
    ,000.00 Mortgage amount (into PV). 884.58 Payment (calculated). Calculate the remaining balance of the loan after five years. 5gA 60.00 Number of periods to be amortized. M 89,849.34 Remaining balance of the loan after five years. :n 60.00 42-n 18.00 New life of loan. 79000Þ$¼ 1.77
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 130
    a residence is not always easy to answer, especially when the time period over which you would own or rent a house is short. This program performs an analysis which could be helpful in reaching a decision. Essentially, it calculates a yield or rate of return on the proposed investment. This yield
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 131
    Section 12: Real Estate and Lending 131 KEYSTROKES DISPLAY KEYSTROKES DISPLAY :1 $ :3 gC :2 gA P d d 0 n :0 1 2 § f! d d d :$ + Þ 10- 45 1 - 11- 30 :5 12- 13 - 13- 45 3 :8 14- 43 12 + 15- 45 2 - 16- 43 11 Þ 17- 14 P 18- 33 :0 19- 33 gA 20- 0 :1 21- 11 :6 22- 45 0 + 23- 1Þ
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 132
    plus State - to obtain calculations which reflect the tax advantages of home ownership. Because of the complexities of tax laws and different financial and tax considerations for each individual, this program should only serve as a guide in considering an investment of this type. For more specific
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 133
    00 400.00 6.25 30.00 30.00 Down payment. Life of mortgage. Interest rate. Property taxes. Monthly expenses. Closing costs. Resale costs (as a percentage). Rent. Savings interest rate. Tax bracket. Clear financial registers. * If the calculator displays a negative result or Error 5 when solving for
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 134
    Sometimes transactions are established where payments do not begin for a specified number of periods; the payments are deferred. The technique for calculating NPV may be applied assuming zero for the first cash flow. Refer to pages 58 through 62. Example 1: You have just inherited $20,000 and
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 135
    lease)? Keystrokes Display fCLEARH 500gJ gK 5ga 0.00 500.00 500.00 5.00 Initialize. First cash flow. Second thru sixth cash flows. 600gK 12ga 600.00 12.00 Next twelve cash flows. 750gK 6ga 750.00 6.00 Last six cash flows. 13.5gC fl 1.13 12,831.75 Monthly interest rate. Amount to invest
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 136
    year's depreciation. Straight-Line Depreciation The following hp 12c program calculates the straight-line depreciation for the year desired with the acquisition date occurring at any time during the year. KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs fCLEARÎ 00- 1 01- 2 02- z 03- ?1 04
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 137
    life in years (an integer) then press n. 6. Key in the year desired then press \. 7. Key in the number of months in the first year and press t.* The display will show the amount display will pause showing the year number before showing the amount of depreciation for that year. File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 138
    the amount of depreciation and remaining depreciable value for the 1st, 2nd, 25th, and 26th years. What is the total depreciation after 3 years? Keystrokes Display fCLEARG 125000$ 25n 1\ 4t ~ t ~ t ~:$:3 +~gi00 fCLEARG 125000$ Salvage value = 0 so FV = 0. 125,000.00 Book value. 25.00 Life
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 139
    years, what is the amount of depreciation in the first year? Keystrokes gi00 fCLEARG 6730$ 5n 1\ 4.5t Display 6,730.00 5.00 1.00 1.00 504.75 Book value. Life. First year: depreciation. Declining-Balance Depreciation The following hp 12c program calculates the declining-balance depreciation for
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 140
    in the life in years (an integer) then press n. 7. Key in the year desired then press \. 8. Key in the number of months in first year* and press t.† The display will show the amount of depreciation for the desired year. Press ~ to see the * Refer to straight-line depreciation instruction note, page
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 141
    amount Life. Year desired. Second year: depreciation. Sum-of-the-Years-Digits Depreciation The following hp 12c program calculates the sum-of-the-years-digits depreciation for the year desired with the acquisition date occurring at any time during the year. KEYSTROKES DISPLAY KEYSTROKES DISPLAY
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 142
    DISPLAY KEYSTROKES DISPLAY ?2 1 ?0 1 fÝ :1 § ?3 :$ ~ $ :n :1 06- 44 2 :0 07- 1 fÝ 08- 30 t 09- 44 0 1 10- 1 ?=0 11- 42 24 ?=2 12- 45 1 gi26 13- 20 :2 14- 44 3 gu 15- 45 13 :$ 16- 34 :M 17- 30 - 45 13 38- 45 15 39- 30 40- 45 3 41-43, 33 30 n: Life FV: Salvage R : 1st Yr. Dep
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 143
    value. Life. Year desired. Fourth year: depreciation, remaining depreciable value. Fifth year: depreciation, remaining depreciable value. * Refer to straight-line depreciation instruction note, page 137. † The display will pause showing the year number before showing the amount of depreciation
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 144
    at some point. This hp 12c program calculates the optimum crossover point and automatically switches to straight-line depreciation at the appropriate time. The crossover point is the end of the year in which the declining-balance depreciation last exceeds or equals the amount of straight
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 145
    20 ?1 18- 44 1 :$ 19- 45 13 ~ 20- 34 - 21- 30 $ 22- 13 \ 23- 36 gF 24- 43 36 ~ 25- 34 :M 26- 45 15 - 27- 30 KEYSTROKES n 0 ?6 1 ?-2 ?=0 :5 ?-1 :3 fV ?+1 DISPLAY 66- 11 67- 0 68- 44 6 69- 1 70-44 30 2 71-44 40 0 72- 45 5 73-44 30 1 74- 45 3 75- 42 23 76-44 40
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 146
    For a new case press gi00 and return to step 2. * Refer to straight-line depreciation note page 137. † The display will pause with the year number before displaying the amount of depreciation for that year. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 146 of
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 147
    's complete life. What is the remaining depreciable value after the first year? What is the total depreciation after the 7th year? Keystrokes Display fCLEARH 11000 8, and 9 use straight-line depreciation. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 147 of
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 148
    the number of times the sign of the cash flow changes (positive to negative or vice versa). For every change of sign, the IRR solution has the potential for an additional answer. The cash flow sequence in the example that follows has three sign changes and hence up to three potential internal rates
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 149
    alternatives which avoids the drawbacks of the traditional IRR technique. The procedure eliminates the sign change problem and the reinvestment (or discounting) assumption by utilizing user stipulated reinvestment and borrowing rates. Negative cash flows are discounted at a safe rate that reflects
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 150
    180000ÞgJ 0gK5ga 100000ÞK 5ga 6gCfl 20n¼ 12§ Display 657,152.37 NPV of positive cash flows. 775,797.83 NFV of positive cash flows. -660,454.55 0.81 9.70 NPV of negative cash flows. Monthly MIRR Annual MIRR. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 150
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 151
    calculate the periodic interest rate as a percentage then press ¼. 5. Press 1Þ$:0+. 6. Key in the initial loan amount then press ~z, to obtain the periodic Display 12.00 9.00 0.83 -1.00 11.64 64.45 Duration of lease. Number of periodic payments. Monthly payment to be received. 151 File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 152
    5. Key in the loan amount and press ?3; then press t to obtain the periodic payment to be received by the lessor. 6. For a new case, return to step 2. The values changed from the previous case are the only values which need to be entered. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 153
    86 Monthly payment to be received. Since this problem is an annuity due situation (one payment at the beginning of the period) the calculation could also be done as follows: Keystrokes g× Display fCLEARG 12n15gC 750Þ$P 1.25 66.86 Periodic interest rate (into i). Monthly payment to be received
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 154
    the lessor? Keystrokes g Display fCLEARG 60\3 ?0-n 600P 25000Þ:0 :P§+$ ¼ 12§ 57.00 Number of periodic payments. 3.00 -23,200.00 1.44 17.33 Number of advance payments. PV. Monthly yield (calculated). Annual yield (as a percentage). File name: hp 12c_user's guide_English_HDPMBF12E44 Printered
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 155
    , key in the following hp 12c program: KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs :3 09- 45 periodic payment to be received then press ?2. 5. Key in the total amount of the loan, then press ?3; then press t to obtain the periodic yield. 6. For a new case, return to step 2. The values changed
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 156
    solves for the periodic payment amount necessary to achieve a desired yield. KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs fCLEARÎ 00 4 17- 30 18- 11 19- 1 20- 16 21- 14 22- 13 23- 45 4 24- 40 25- 45 5 26- 34 27- 10 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 157
    then press ?0. 3. Key in or calculate the periodic interest rate then press ?1. 4. Key in the loan amount then press ?2. 5. Key in the residual 30b?3 4?4t Display 1.25 Monthly interest rate. 487.29 Monthly payment received by lessor. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 158
    IRR). The keystrokes are as follows: 1. Press fCLEARH. 2. Key in the amount of the first cash flow then press gJ. This initial amount is the difference between the initial loan amount fCLEARH 5000Þ\ 145\2 Display File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page:
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 159
    Keystrokes §=gJ 145gK34ga 0gK 1500gK fL12§ Display -4,710.00 34.00 0.00 1,500.00 18.10 Net amount of cash advanced. Thirty-four cash flows of $145.00. Thirty-fifth cash flow. Thirty-sixth cash flow. Annual yield to lessor. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 160
    as a percentage, then press \. 3. Key in the number of compounding periods per year, then press nz¼. 4. Key in 100 then press Þ\$. Percent effective interest rate. For repeated calculations, the following hp 12c program can be used: KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs 0 07- 0 fCLEARÎ
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 161
    of 51/4% is compounded monthly? Keystrokes Display 5.25\ 12t 5.38 Percent effective interest rate. Effective Rate Converted to Nominal Rate Given an effective interest rate and the number of compounding periods per year, this routine calculates the nominal interest rate. 1. Press fCLEARG
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 162
    3. Press g>à. Example: What is the effective rate resulting from a 51/4% passbook rate with continuous compounding? Keystrokes 1\5.25b g> à Display 1.05 5.39 Continuous rate. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 162 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 163
    A bond which is calculated on a 30/360 day basis is one in which the day count basis is computed using 30 days in a month a semiannual coupon bond which is calculated on a 30/360 day basis and is held for more than six months. KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs fCLEARÎ 00- fCLEARG 01-
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 164
    maturity as a percentage then press ?0. b. Press t to calculate price as a percentage of par value. c. Press ~ to display accrued interest due the seller. * For information about date format see pages 29 to 30. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 164
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 165
    to maturity if 92% were the quoted price? Keystrokes 0?0 3\8z 93+?1t 92?1t Display 93.34 From previous example. 7.55 8.00 Yield at 933/8% (calculated). Yield at 92% (calculated). File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 165 of 209 Dimension: 14.8 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 166
    which have annual coupons, use the following hp 12c program to evaluate price and accrued interest on an Actual/Actual day basis. This program may be modified for annual coupon bonds to be calculated on a 30/360 day basis. KEYSTROKES DISPLAY KEYSTROKES DISPLAY fs gÒ 19- 43 26 fCLEARÎ 00
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 167
    Used i: Yield PV: Used PMT: Cpn. or 0 FV: Used R0: # Periods (n) R1: Yield R2: Coupon R : Redemption 3 R : Settlement 4 R : Next Cpn. 5 R : Last Coupon 6 R : Used 7 R -R : Unused 8 .5 For annual coupon bonds calculated on a 30/360 day basis, insert d after gÒ at steps 19 and 23 (making
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 168
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 169
    Appendixes File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 169 of 209 Dimension: 14.8 cm x 21 cm
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 170
    Memory Stack Four special registers in the hp 12c are used for storing numbers during calculations. To understand how these registers are used, they should be visualized as stacked on top of each other. (For this reason, they are generally referred to as the "stack registers" or collectively
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 171
    calculated, but also automatically stored and available in the stack at just the right time! That's basically how the stack operates. In the rest of this appendix, we'll take a more detailed look at how numbers are entered into and rearranged within the stack, and the effect of the various hp 12c
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 172
    one of these keys was the last key pressed, the number in the displayed X-register is replaced when a new number is entered. Rearranging Numbers in the Stack The key Pressing ~ exchanges the numbers in the X- and Y-registers. Certain functions a number into a financial register. For example,
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 173
    . One-Number Functions and the Stack One-number mathematics and number-alteration functions - y, r, °, >, e, B, Ñ, and T - use only the number in the displayed X-register. When the key is pressed, the function is performed upon the number in the X-register, and the answer is then placed into
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 174
    , the answer is placed in the X-register, the number formerly in the X-register is copied into the LAST X register, but the stack does not drop. The numbers in the Y-, Z-, and T-registers are not changed when a percentage function is performed. File name: hp 12c_user's guide_English_HDPMBF12E44
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 175
    ) at the time the function key was pressed. n, ¼, $, Register D Ò Ï P, M, l, ! L* T t t x t y Z t z INT365 z x (number of payments) Y z ∆DYS30-day -PV y PMTPRIN X DATE ∆DYSactual INT360 n, i, PV, PMT, FV, NPV, IRR PMTINT Register E S V, Ý, # T y (settlement date
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 176
    as are required on some other calculators. An intermediate result in the displayed X-register is automatically copied into the Y-register when a number is keyed in after a function key is pressed.* Therefore, when a two-number function key is then pressed, that function is performed using the number
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 177
    stack lift and stack drop make chain calculations quick and error-free. Virtually every chain calculation you are likely to encounter can be . To place the constant into the T-register, key it into the display (that is, into the X-register), then press \ three times. This also places the constant
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 178
    into displayed X-register. Cost of a package of 75. Clears display and enters third quantity into displayed X-register. Cost of a package of 250. * You may want to compare this method of arithmetic calculations with constants to the method using F described on page 74. File name: hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 179
    a cash flow amount occurs consecutively. Refer to Reviewing Cash Flow Entries (page 64) and Changing Cash Flow Entries (page 65) to check and correct the entries. Error 7 will result if there is not at least one positive cash flow and at least one negative cash flow. Although the calculator will
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 180
    near your guess. How would this work in case 2 above? The calculator displays a negative answer and you wish to check for a unique positive IRR. Key in successively larger guesses for i (starting from 0) and solve for NPV until you reach a sign change in your NPV outcomes. Then press :gt to find an
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 181
    under these conditions, the calculator will display the word Error followed by a digit, Error 0: Mathematics Operation Condition z x = 0 y x = 0 r x < 0 ° x ≤ 0 q y = 0 and x ≤ 0 à Z ?z(0 through 4) e y < 0 and x is noninteger. y = 0 y = 0 x = 0 x is noninteger x < 0 181 File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 182
    3: IRR Refer to Appendix B. Error 4: Memory z Attempting to enter more than 99 program lines. z Attempting to i to a program line that does not exist. z Attempting storage register arithmetic in R5 through R9 or R.0 through R.9. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 183
    Cash flows all have same sign. $ i ≤ -100 P n = 0 i = 0 i ≤ -100 M i ≤ -100 ! x ≤ 0 x is noninteger. l V Ý # i ≤ -100 n ≤ 0 n > 1010 x ≤ 0 x is noninteger Error x > 99 x < 0 x is noninteger File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 183 of 209
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 184
    184 Appendix C: Error Conditions Error 7: IRR Refer to Appendix B. Error 8: Calendar Operation Ò D D E S Error 9: Service Refer to Appendix E. Condition Improper date format or illegal date. Attempting to add days beyond calculator's date capacity. Improper date format or illegal date. More than
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 185
    Base(y) × Rate(x) 100 ∆% = 100⎜⎜⎝⎛ NewAmount(x ) Base(y − ) Base(y ) ⎟⎟⎠⎞ %T = 100⎜⎜⎝⎛ Amount(x ) Total(y ) ⎟⎟⎠⎞ Interest n i PV FV PMT S I INTG (n) FRAC (n) = number of compounding periods. = periodic interest rate, expressed as a decimal. = present value. = future value or balance
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 186
    periods to be amortized. = amount of PMT applied to interest in period j. = amount of PMT applied to principal in period j. = present value (balance) of loan after payment in period j. j INT1 PRN1 PV1 INTj PRNj PVj = period ∑ PRN File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date:
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 187
    187 Discounted Cash Flow Analysis Net Present Value NPV = net present value of a discounted cash flow. CFj = cash flow at period j. NPV = CF0 + CF1 (1+ i)1 + CF2 (1+ i)2 + ... + CFn (1+ i)n Internal Rate of Return n = number of cash flows CFj = cash flow at period j. IRR = Internal
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 188
    Reference: Spence, Graudenz, and Lynch, Standard Securities Calculation Methods, Securities Industry Association, New York, 1973. DIM = days between issue date and maturity date. DSM = days between settlement date and maturity date. DCS = days between beginning of current coupon period : hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 189
    life expectancy. = starting book value. = salvage value. = declining-balance factor expressed as a percentage. = period number. = depreciation expense during period j. = remaining depreciable value at end of period Keyboard function: DPN J = (L − j + 1) SOYDL ⋅ (SBV − SAL) File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 190
    function: DPNj = RBVj − 1 ⋅ FACT 100L for j = 1, 2, ..., L Program for partial first year: DPN1 = SBV ⋅ FACT 100L ⋅ Y1 12 DPNj = RBVj − 1 ⋅ FACT 100L for j ≠ 1 Modified Internal Rate of Return n = number of compounding periods. NFVP = Net future value of the positive cash flows
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 191
    NOM = number of compounding periods per year. = the effective annual interest rate as a decimal. = the nominal annual interest rate as a decimal. Finite Compounding EFF = ⎜⎛1+ NOM ⎟⎞C − 1 ⎝ C⎠ Continuous Compounding EFF = (eNOM − 1) Statistics Mean x = ∑x n y = ∑y n Weighted Mean xw = ∑ wx
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 192
    decimal) n = number of years Net Cash Proceeds on Resale = Market Value - Mortgage Balance - Commission The interest rate is obtained by solving the financial + taxes) FV = net cash proceeds on resale Annual interest rate = 12 × i File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date:
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 193
    Appendix E Battery, Warranty, and Service Information Battery The hp 12c is shipped with one 3 Volt CR2023 Lithium battery. Battery life depends on how the calculator is used. If the calculator is being used to perform operations other than running programs, it uses much less power. Low-Power
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 194
    (that is, the calculator may not respond to keystrokes). 5. Replace the battery compartment cover and press ; to turn on the power. If for any reason Continuous Memory has been reset (that is, if its contents have been lost), the display will show Pr Error. Pressing any key will clear this message
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 195
    experience difficulty, write or telephone Hewlett-Packard at an address or phone number listed under Service (Page 197). * The status indicators turned on at the end of this test include some that normally are not displayed on the hp 12c. † If the calculator displays Error 9 as a result of the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 196
    E: Battery, Warranty, and Service Information Warranty hp 12c Financial Calculator; Warranty period: 12 months 1. HP warrants to you, the end-user customer, that HP hardware, accessories and supplies will be free from defects in materials and workmanship after the date of purchase, for the period
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 197
    are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical and editorial errors or omissions contained herein. FOR CONSUMER TRANSACTIONS IN AUSTRALIA AND NEW
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 198
    198 Appendix E: Battery, Warranty, and Service Information Asia Pacific Country : Australia Singapore L.America Country : -HP INVENT (905)206-4663 or 800-HP INVENT ROTC = Rest of the country Please logon to http://www.hp.com for the latest service and support information. File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 199
    Appendix E: Battery, Warranty, and Service Information 199 Regulatory Information This section contains information that shows how the hp 12c financial calculator complies with regulations in certain regions. Any modifications to the calculator not expressly approved by Hewlett-Packard could void
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 200
    Battery, Warranty, and Service Information Disposal of Waste Equipment by Users over to a designated collection point for the recycling of waste the time of disposal will help to conserve natural resources and disposal service or the shop where you purchased the product. File name: hp 12c_user
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 201
    for the financial problem you are solving. The remainder of this appendix describes three types of financial calculations for which the conventional practice differs significantly between the United Kingdom and the United States. Mortgages The amount of the repayments on home loans and mortgages
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 202
    to the "effective annual rate," then truncating the result to one decimal place. With the periodic interest rate in the display and in the i register, the effective annual rate can be calculated by keying in the number of compounding periods per year, pressing w, then proceeding with step 4 of the
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 203
    key, decimal point and number key, or top row financial key, stores displayed number in Changes a date in the Y-register by the number of days in the X-register and displays day of week (page 30). Ò Computes the number of days between two dates in the Y and X-registers (page 31). 203 File name: hp
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 204
    payment amount (page 32). M Stores or computes future value (final cash flow) of a financial problem (page 32). ! Amortizes x number of periods using values stored in PMT, i, PV, and the display. Updates values in PV and n (page 54). l Calculates the net present value of up to 20 uneven cash flows
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 205
    Function Key Index 205 Ö Computes mean (average) of x-values and y-values using accumulated statistics (page 77). viewing in displayed X-register (page 172). F Recalls number displayed before the previous operation back into the displayed X-register (pages 74 and 176). File name: hp 12c_user's
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 206
    (page 93). Program Mode In Program mode, function keys are recorded in program memory. Display shows program memory line number and the keycode . CLEARÎ Clear program. Clears program memory to all i00 instructions and resets calculator so operations begin at line 00 of program memory. Resets N
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 207
    Key Index 207 Program Mode Run Mode Active Keys: i Go to. Followed by a decimal point and a two-digit number, positions calculator to that line in program memory. No instructions are executed (page 95) Ç Single step. Displays line number and contents of next program memory line. If held down
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 208
    187 Calendar functions and the stack, 175 Cash flow diagram, 34-38 Cash flow sign convention, 33, 36 Cash flows, changing, 65 Cash flows, reviewing, 64 Cash flows, storing for I and L, 58, 65 Chain calculations, 20-22, 176-77 Clearing display, 18 Clearing financial registers, 18 Clearing operations
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 209
    memory, resetting of, 33, 37, 70, 72, 93, 94 D , 29-31 , 68, 172 , 51, 172 D.MY status indicator, 30 Data storage registers, 23-25 Date format, 29, 70 Dates, days between, 31 Dates, future or past, 30 Days, between dates, 31 Decimal places, rounding, 71 Decimal point, changing, 17 Declining
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 210
    rate, converting, 160 Nominal rate, 162 NPV, 57 Number display formats, 71 Numbers, keying in, 17 Numbers, large, 18 Numbers, negative, 17 Numbers, recalling, 23 Numbers, storing, 23 O Odd-period calculations, 50 Odd-period mode, 36 One-number functions, 83 One-variable statistics, 76 Overflow, 73
  • HP HP12C | hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 211
    one line at a time, 94 Program, stopping, 97, 101 Program, storing, 120 Programming, 88 Programs, multiple, 120 PV, 36 R , 83 Reciprocal, 83 registers, 23 Registers, financial 24 Storage registers, clearing, 24 Storing numbers Weighted mean, 81 X , 74 Y , 12 Yield, 154, 158 File name: hp 12c_user's
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
File name: hp 12c_user's guide_English_HDPMBF12E44
Page: 1 of 209
Printed Date: 2005/7/29
Dimension: 14.8 cm x 21 cm
hp
12c financial calculator
user's guide
H
Edition 4
HP Part Number
0012C-90001