Page 2 - Notice; Printing History
2 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 2 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Notice REGISTER YOUR PRODUCT AT: www.register.hp.com THIS MANUAL AND ANY EXAMPLES CONTAINED HEREIN ARE PROVIDED “AS IS” AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. HEWLETT-PACKARD C...
Page 3 - Introduction; A b o u t Th i s H a n d b o o k
3 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 3 of 209 Printed Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Introduction A b o u t Th i s H a n d b o o k 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. ...
Page 4 - Introduction; F i n a n c i a l C a l c u l a t i o n s i n t h e U n i t e d K i n g d o m
4 Introduction File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 4 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm z The various appendices describe additional details of calculator operation as well as warranty and service information. z The Function Key Index and Programming Key...
Page 5 - Contents
5 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 5 of 209 Printed Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Contents Introduction .................................................................... 3 About This Handbook .......................................................................
Page 6 - Calculating the Number of Payments or Compounding Periods ... 39
6 Contents File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 6 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Clearing the Financial Registers .............................................. 33 Simple Interest Calculations..............................................................
Page 7 - Mathematics and Number-Alteration Functions 83; Why Use Programs
Contents 7 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 7 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 6: Statistics Functions ........................................ 76 Accumulating Statistics .................................................................. 76 ...
Page 9 - Getting Numbers Into the Stack: The; More About
Contents 9 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 9 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendixes ................................................................ 169 Appendix A: The Automatic Memory Stack ................... 170 Getting Numbers Into the St...
Page 10 - Battery, Warranty, and Service Information 193
10 Contents File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 10 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm 30/360 Day Basis.............................................................. 187 Bonds ..................................................................................
Page 11 - Keystrokes
11 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 11 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm M a k i n g F i n a n c i a l C a l c u l a t i o n s E a s y Before you begin to read through this handbook, let’s take a look at how easy financial calculations can be with yo...
Page 12 - 2 Making Financial Calculations Easy; running; Keystrokes Display
12 Making Financial Calculations Easy File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 12 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Note: A battery symbol ( ¼ ) shown in the lower-left corner of the display when the calculator is on signifies that the available battery powe...
Page 13 - Making Financial Calculations Easy
Making Financial Calculations Easy 13 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 13 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 3: The preceding example showed that the insurance policy will provide about half the required amount. An additional amount must be se...
Page 16 - Section 1; Getting Started; Pow e r O n a n d O f f; L o w - Po w e r I n d i c a t i o n; Th e Key b o a r d
16 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 16 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 1 Getting Started Pow e r O n a n d O f f To begin using your hp 12c, press the ; key * . Pressing ; again turns the calculator off. If not manually turned off, the calc...
Page 17 - Section 1: Getting Started; Key i n g i n N u m b e r s
Section 1: Getting Started 17 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 17 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Throughout this handbook, references to the operation of an alternate function appear as only the function name in a box (for example, “The L function...
Page 18 - T h e C L E A R K ey s
18 Section 1: Getting Started File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 18 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Key i n g i n L a r g e N u m b e r s Since the display cannot show more than 10 digits of a number, numbers greater than 9,999,999,999 cannot be ente...
Page 19 - S i m p l e A r i t h m e t i c C a l c u l a t i o n s
Section 1: Getting Started 19 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 19 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm S i m p l e A r i t h m e t i c C a l c u l a t i o n s Any simple arithmetic calculation involves two numbers and an operation — addition, subtractio...
Page 20 - 0 Section 1: Getting Started; C h a i n C a l c u l a t i o n s
20 Section 1: Getting Started File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 20 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm C h a i n C a l c u l a t i o n s Whenever the answer has just been calculated and is therefore in the display, you can perform another operation with...
Page 22 - 2 Section 1: Getting Started
22 Section 1: Getting Started File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 22 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Your hp 12c calculates the answer in just the same way: Keystrokes Display 3 \ 4 § 12.00 Step 1: Multiply the numbers in the first parentheses. 5 \ 6 ...
Page 23 - S t o r a g e R e g i s t e r s; S t o r i n g a n d R e c a l l i n g N u m b e r s
Section 1: Getting Started 23 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 23 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm S t o r a g e R e g i s t e r s Numbers (data) in the hp 12c are stored in memories called “storage registers” or simply “registers.” (The singular te...
Page 24 - 4 Section 1: Getting Started; C l e a r i n g S t o r a g e R e g i s t e r s; S t o r a g e R e g i s t e r A r i t h m e t i c
24 Section 1: Getting Started File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 24 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Later that same day … Keystrokes Display ; 2,500.00 Turns the calculator back on. : 1 3,250.00 Recalls the cost of the computer to the display. 6 § 19...
Page 26 - Section 2; Percentage and Calendar; Pe rc e n t a g e F u n c t i o n s; Pe r c e n t a g e s
26 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 26 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 2 Percentage and Calendar Functions Pe rc e n t a g e F u n c t i o n s The hp 12c includes three keys for solving percentage problems: b , à , and Z . You don’t need to...
Page 27 - Pe r c e n t D i f f e r e n c e
Section 2: Percentage and Calendar Functions 27 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 27 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm N e t A m o u n t A net amount — that is, the base amount plus or minus the percentage amount — can be calculated easily with your h...
Page 28 - 8 Section 2: Percentage and Calendar Functions; Pe r c e n t o f To t a l
28 Section 2: Percentage and Calendar Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 28 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The à key can be used for calculations of the percent difference between a wholesale cost and a retail cost. If the base number ente...
Page 29 - Section 2: Percentage and Calendar Functions; C a l e n d a r F u n c t i o n s; D a t e F o r m a t
Section 2: Percentage and Calendar Functions 29 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 29 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm To find what percentage a number is of a total, when you already know the total number: 1. Key in the total number. 2. Press \ to se...
Page 30 - 0 Section 2: Percentage and Calendar Functions
30 Section 2: Percentage and Calendar Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 30 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Page 31 - N u m b e r o f D a y s B e t w e e n D a t e s
Section 2: Percentage and Calendar Functions 31 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 31 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 14.052004 \ 14.05 Keys in date and separates it from number of days to be entered. 120 gD 11,09,2004 6 The expira...
Page 32 - Section 3; Basic Financial Functions; Th e Fi n a n c i a l R e g i s t e r s; S t o r i n g N u m b e r s I n t o t h e F i n a n c i a l R e g i s t e r s
32 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 32 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 3 Basic Financial Functions Th e Fi n a n c i a l R e g i s t e r s In addition to the data storage registers discussed on page 23, the hp 12c has five special registers...
Page 33 - S i m p l e I n t e r e s t C a l c u l a t i o n s
Section 3: Basic Financial Functions 33 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 33 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm C l e a r i n g t h e F i n a n c i a l R e g i s t e r s Every financial function uses numbers stored in several of the financial registers...
Page 34 - 4 Section 3: Basic Financial Functions; F i n a n c i a l C a l c u l a t i o n s a n d t h e C a s h F l ow D i a g r a m
34 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 34 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 7 ¼ 7.00 Stores the annual interest rate. 450 Þ$ –450.00 Stores the principal. fÏ 5.25 Accrued interest, 360-day basis. +...
Page 35 - Section 3: Basic Financial Functions
Section 3: Basic Financial Functions 35 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 35 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The exchange of money in a problem is depicted by vertical arrows. Money you receive is represented by an arrow pointing up from the point i...
Page 36 - The Cash Flow Sign Convention:
36 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 36 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The form in which n is entered determines whether or not the calculator performs financial calculations in Odd-Period mode (as described on ...
Page 37 - BEGIN; G e n e r a l i z e d C a s h F l o w D i a g r a m s
Section 3: Basic Financial Functions 37 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 37 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm T h e Pa y m e n t M o d e One more bit of information must be specified before you can solve a problem involving periodic payments. Such pa...
Page 38 - 8 Section 3: Basic Financial Functions
38 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 38 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Page 39 - C o m p o u n d I n t e r e s t C a l c u l a t i o n s; C a l c u l a t i n g t h e N u m b e r o f Pa y m e n t s o r C o m p o u n d i n g Pe r i o d s
Section 3: Basic Financial Functions 39 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 39 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm C o m p o u n d I n t e r e s t C a l c u l a t i o n s S p e c i f y i n g t h e N u m b e r o f C o m p o u n d i n g Pe r i o d s a n d t...
Page 40 - 0 Section 3: Basic Financial Functions
40 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 40 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm 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...
Page 42 - 2 Section 3: Basic Financial Functions
42 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 42 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 2: You’re opening a savings account today (the middle of the month) with a $775 deposit. The account pays 6 1 / 4 % interest compoun...
Page 43 - C a l c u l a t i n g t h e Pe r i o d i c a n d A n n u a l I n t e r e s t R a t e s
Section 3: Basic Financial Functions 43 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 43 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display MM 4,027.27 Calculates FV – which equals the balance in the account if 58 full deposits were made. * :P –50.00 Recalls am...
Page 44 - 4 Section 3: Basic Financial Functions; C a l c u l a t i n g t h e P r e s e n t Va l u e
44 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 44 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: What annual interest rate must be obtained to accumulate $10,000 in 8 years on an investment of $6,000 with quarterly compounding ?...
Page 46 - 6 Section 3: Basic Financial Functions; C a l c u l a t i n g t h e Pa y m e n t A m o u n t
46 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 46 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display f CLEAR G 5 n 5.00 Stores n. 12 ¼ 12.00 Stores i. 17500 P 17,500.00 Stores PMT. Unlike in the previous problem, here PMT ...
Page 50 - 0 Section 3: Basic Financial Functions
50 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 50 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Page 52 - 2 Section 3: Basic Financial Functions
52 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 52 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm 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 mont...
Page 54 - 4 Section 3: Basic Financial Functions; A m o r t iz a t i o n
54 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 54 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm A m o r t iz a t i o n The hp 12c enables you to calculate the amounts applied toward principal and toward interest from a single loan payme...
Page 56 - 6 Section 3: Basic Financial Functions
56 Section 3: Basic Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 56 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 1 f! –552.08 Portion of first payment applied to interest. ~ –21.27 Portion of first payment applied to principal. 1 f! –...
Page 57 - Section 4; Additional Financial; D i s c o u n t e d C a s h F l ow A n a l y s i s : N P V a n d I R R
57 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 57 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 4 Additional Financial Functions D i s c o u n t e d C a s h F l ow A n a l y s i s : N P V a n d I R R The hp 12c provides functions for the two most widely-used method...
Page 58 - Calculating NPV for Ungrouped Cash Flows.
58 Section 4: Additional Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 58 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm z If NPV is positive, the financial value of the investor’s assets would be increased: the investment is financially attractive. z If N...
Page 59 - Section 4: Additional Financial Functions
Section 4: Additional Financial Functions 59 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 59 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The amounts of the subsequent cash flows are stored – in the order they occur – in the remaining storage registers: CF 1 thru CF 9 in R...
Page 60 - 0 Section 4: Additional Financial Functions
60 Section 4: Additional Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 60 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: An investor has an opportunity to buy a duplex for $80,000 and would like a return of at least 13%. He expects to keep the dup...
Page 61 - Calculating; NPV; for Grouped Cash Flows.
Section 4: Additional Financial Functions 61 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 61 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Calculating NPV for Grouped Cash Flows. A maximum of 20 cash flow amounts (in addition to the initial investment CF 0 ) can be stored i...
Page 65 - C h a n g i n g C a s h F l o w E n t r i e s
Section 4: Additional Financial Functions 65 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 65 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display :ga 2.00 N 5 7 n 7.00 Resets the number in the n register to its original value. To display all the cash flow amount...
Page 66 - 6 Section 4: Additional Financial Functions; B o n d C a l c u l a t i o n s
66 Section 4: Additional Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 66 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Note: If you change the number in the n register in order to change an N j , be sure to reset the number in the n register to the total...
Page 67 - B o n d Y i e l d
Section 4: Additional Financial Functions 67 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 67 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm To calculate bond price and yield for a 30/360 bond (that is, using the basis of a 30day month and a 360-day year — such as for municip...
Page 68 - 8 Section 4: Additional Financial Functions; D e p r e c i a t i o n C a l c u l a t i o n s
68 Section 4: Additional Financial Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 68 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: The market is quoting 88 3 / 8 % for the bond described in the preceding example. What yield will that provide ? Keystrokes Di...
Page 70 - Section 5; Additional Operating; C o n t i n u o u s M e m o r y; Pr Error
70 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 70 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 5 Additional Operating Features C o n t i n u o u s M e m o r y The calculator’s Continuous Memory contains the data storage registers, the financial registers, the stac...
Page 71 - Section 5: Additional Operating Features; Th e D i s p l ay; S t a t u s I n d i c a t o r s; Standard Display Format.
Section 5: Additional Operating Features 71 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 71 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Th e D i s p l ay S t a t u s I n d i c a t o r s Six indicators that appear along the bottom of the display signify the status of the c...
Page 72 - 2 Section 5: Additional Operating Features; S c i e n t i f i c N o t a t i o n D i s p l a y F o r m a t
72 Section 5: Additional Operating Features File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 72 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display f 4 14.8746 f 1 14.9 f 0 15. f 9 14.87456320 Although nine decimal places were specified after f , only eight are dis...
Page 73 - S p e c i a l D i s p l a y s
Section 5: Additional Operating Features 73 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 73 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display f. 1.487456 01 The exponent in this example indicates that the decimal point should be moved one decimal place to the...
Page 74 - 4 Section 5: Additional Operating Features; Error
74 Section 5: Additional Operating Features File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 74 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Errors. If you attempt an improper operation — such as division by zero — the calculator will display the word Error followed by a digit...
Page 75 - R e c o v e r i n g F r o m E r r o r s i n D i g i t E n t r y
Section 5: Additional Operating Features 75 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 75 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm A r i t h m e t i c C a l c u l a t i o n s W i t h C o n s t a n t s Example: At Permex Pipes a certain pipe fitting is packaged in qua...
Page 76 - Section 6; Statistics Functions; A c c u m u l a t i n g S t a t i s t i c s
76 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 76 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 6 Statistics Functions A c c u m u l a t i n g S t a t i s t i c s The hp 12c can perform one- or two-variable statistical calculations. The data is entered into the cal...
Page 77 - C o r r e c t i n g A c c u m u l a t e d S t a t i s t i c s
Section 6: Statistics Functions 77 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 77 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The table below shows where the accumulated statistics are stored. Register Statistic R 1 (and display) n : number of data pairs accumulated. R 2...
Page 79 - Section 6: Statistics Functions; S t a n d a r d D e v i a t i o n
Section 6: Statistics Functions 79 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 79 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm S t a n d a r d D e v i a t i o n Pressing gv calculates the standard deviation of the x-value s ( s x ) and of the y-value s ( s y ). (The stand...
Page 80 - 0 Section 6: Statistics Functions; L i n e a r E s t i m a t i o n
80 Section 6: Statistics Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 80 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm L i n e a r E s t i m a t i o n With two-variable statistical data accumulated in the statistics registers, you can estimate a new y-value ( yˆ )...
Page 81 - We i g h t e d M e a n
Section 6: Statistics Functions 81 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 81 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: Compute the slope and intercept of the regression line in the preceding example. Keystrokes Display 0 gR 15.55 y-intercept (A); projecte...
Page 82 - 2 Section 6: Statistics Functions
82 Section 6: Statistics Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 82 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display g 1.19 Weighted mean cost per gallon. A procedure for calculating the standard deviation and standard error (as well as the m...
Page 83 - Section 7; Mathematics and; O n e - N u m b e r F u n c t i o n s
83 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 83 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 7 Mathematics and Number-Alteration Functions The hp 12c provides several keys for mathematical functions and for altering, numbers. These functions are useful for speci...
Page 84 - 4 Section 7: Mathematics and Number-Alteration Functions
84 Section 7: Mathematics and Number-Alteration Functions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 84 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Fractional. Pressing gT replaces the number in the display by its fractional portion — that is, it replaces all digits to ...
Page 85 - Section 7: Mathematics and Number-Alteration Functions; Th e Pow e r Fu n c t i o n; To Calculate Keystrokes
Section 7: Mathematics and Number-Alteration Functions 85 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 85 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Th e Pow e r Fu n c t i o n Pressing q calculates a power of a number — that is, y x . Like the arithmetic function + , q ...
Page 88 - Section 8; Programming Basics; W hy U s e P ro g r a m s; PRGM
88 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 88 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 8 Programming Basics W hy U s e P ro g r a m s ? A program is simply a sequence of keystrokes that is stored in the calculator. Whenever you have to calculate with the s...
Page 89 - Section 8: Programming Basics; Ru n n i n g a P ro g r a m
Section 8: Programming Basics 89 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 89 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display - 150.00 Price less discount. 5 5. Handling charge. + 155.00 Net cost (price less discount plus handling charge). Next, set the ...
Page 90 - 0 Section 8: Programming Basics; P ro g r a m M e m o r y
90 Section 8: Programming Basics File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 90 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: Run the program created above to calculate the net cost of a typewriter listing for $625 and an executive chair listing for $159. Keystrok...
Page 91 - Instruction
Section 8: Programming Basics 91 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 91 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm I d e n t i f y i n g I n s t r u c t i o n s i n P r o g r a m L i n e s Each key on the hp 12c keyboard — except for the digit keys 0 through 9 —...
Page 93 - T h e
Section 8: Programming Basics 93 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 93 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Program line 07 contains the last instruction you keyed into program memory. However, if you press Ê again, you’ll see that this is not the last li...
Page 95 - S e t t i n g t h e C a l c u l a t o r t o a Pa r t i c u l a r P r o g r a m L i n e
Section 8: Programming Basics 95 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 95 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Program memory is automatically expanded like this whenever another seven instructions have been keyed into program memory — that is, when you key ...
Page 96 - 6 Section 8: Programming Basics; E xe c u t i n g a P ro g ra m O n e L i n e a t a T i m e
96 Section 8: Programming Basics File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 96 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm 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. Sinc...
Page 97 - I n t e r r u p t i n g P r o g r a m E xe c u t i o n; Pa u s i n g D u r i n g P r o g r a m E x e c u t i o n
Section 8: Programming Basics 97 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 97 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 2. Result of executing program line 02. Ç 03- 5 Program line 03: 5. 25. Result of executing program line 03. Ç 04- 25 Program li...
Page 98 - 8 Section 8: Programming Basics
98 Section 8: Programming Basics File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 98 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: Create a program that calculates the entries in the AMOUNT, TAX, and TOTAL columns for each item on the jewelry distributor’s invoice show...
Page 100 - 00 Section 8: Programming Basics
100 Section 8: Programming Basics File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 100 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display gu 06- 43 31 Pauses to display TAX. ?+ 2 07- 44 40 2 + 08- 40 ?+ 3 09- 44 40 3 Now, to run the program: Keystrokes Display fs ...
Page 101 - Section 8: Programming Basics 101; S t o p p i n g P r o g r a m E x e c u t i o n; Stopping Program Execution Automatically.
Section 8: Programming Basics 101 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 101 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm If the duration of the pause is not long enough to write down the number displayed, you can prolong it by using more than one u instruction. Alte...
Page 102 - 02 Section 8: Programming Basics; Stopping Program Execution Manually.
102 Section 8: Programming Basics File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 102 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 24 \ 85 85. Third item. t 2,040.00 AMOUNT for third item. t 137.70 TAX for third item. t 2,177.70 TOTAL for third item. 5 \ 34...
Page 103 - Section 9; Branching and Looping; S i m p l e B r a n c h i n g
103 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 103 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 9 Branching and Looping Although the instructions in a program normally are executed in order of their program line numbers, in some situations it is desirable to have...
Page 104 - 04 Section 9: Branching and Looping; L o o p i n g
104 Section 9: Branching and Looping File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 104 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm L o o p i n g If a i instruction specifies a lower-numbered line in program memory, the instructions in the program lines between the specifie...
Page 105 - Section 9: Branching and Looping 105
Section 9: Branching and Looping 105 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 105 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display : 0 02- 45 0 Recalls the number of payments to be amortized. This program line is the one to which program execution will l...
Page 106 - 06 Section 9: Branching and Looping
106 Section 9: Branching and Looping File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 106 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display Ê 02- 45 0 Line 02: : 0. This is the beginning of the first pass through the loop. 1.00 Ê 03- 42 11 Line 03: f! . –531.25 P...
Page 107 - Section 9: Branching and Looping 107; C o n d i t i o n a l B r a n c h i n g
Section 9: Branching and Looping 107 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 107 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display Ê 07- 43, 33 02 Line 07: gi 02. This is the end of the second pass through the loop. –12.23 t –530.99 Portion of third mont...
Page 108 - 08 Section 9: Branching and Looping
108 Section 9: Branching and Looping File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 108 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The program line immediately following that containing the conditional test instruction can contain any instruction; however, the most commonl...
Page 109 - Section 9: Branching and Looping 109
Section 9: Branching and Looping 109 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 109 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm We’ll key the income into the display before running the program so that it will be in the X-register when the : 0 instruction in program line...
Page 110 - 10 Section 9: Branching and Looping
110 Section 9: Branching and Looping File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 110 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display gi 07 04- 43, 33 07 If condition is true, branches to program line 07. : 2 05- 45 2 If condition is false, recalls 25% tax ...
Page 111 - Section 9: Branching and Looping 111
Section 9: Branching and Looping 111 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 111 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 15,000.00 Ê 07- 45 1 Line 07: : 1. 20.00 20% tax rate has been recalled to X-register, moving income to Y-register. Ê 08- 2...
Page 112 - 12 Section 9: Branching and Looping
112 Section 9: Branching and Looping File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 112 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display Ê 02- 34 Line 02: ~ . 25,000.00 Income has been placed in X-register and test value has been placed in Y-register. Ê 03- 43...
Page 113 - Program Editing; C h a n g i n g t h e I n s t r u c t i o n i n a P r o g r a m L i n e
113 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 113 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 10 Program Editing There are various reasons why you might want to modify a program you have stored in Program memory: to correct a program that turns out to have erro...
Page 115 - A d d i n g I n s t r u c t i o n s W i t h i n a P ro g r a m; A d d i n g I n s t r u c t i o n s by R e p l a c e m e n t
Section 10: Program Editing 115 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 115 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm A d d i n g I n s t r u c t i o n s W i t h i n a P ro g r a m If an instruction is to be added within a program, simply keying it in will replace ...
Page 116 - A d d i n g I n s t r u c t i o n s by B r a n c h i n g
116 Section 10: Program Editing File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 116 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example: Assuming you have added a - instruction at the end of program memory as in the preceding example, suppose you now wanted to insert an t in...
Page 120 - Multiple Programs; S t o r i n g A n o t h e r P r o g r a m
120 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 120 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 11 Multiple Programs You can store multiple programs in program memory, provided that you separate them by instructions that will halt program execution after each pro...
Page 121 - Section 11: Multiple Programs 121
Section 11: Multiple Programs 121 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 121 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 1: Assuming that program memory still contains the last program from the preceding section (which consisted of 17 program lines), store a...
Page 122 - 22 Section 11: Multiple Programs; Ru n n i n g A n o t h e r P ro g r a m
122 Section 11: Multiple Programs File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 122 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 2: With the two programs now stored in program memory from the preceding examples (occupying 27 program lines), store the amortization pr...
Page 124 - Real Estate and Lending; A n n u a l Pe r c e n t a g e R a t e C a l c u l a t i o n s W i t h F e e s
124 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 124 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 12 Real Estate and Lending A n n u a l Pe r c e n t a g e R a t e C a l c u l a t i o n s W i t h F e e s Borrowers are usually charged fees in connection with the iss...
Page 125 - Section 12: Real Estate and Lending
Section 12: Real Estate and Lending 125 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 125 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 1: A borrower is charged 2 points for the issuance of his mortgage. If the mortgage amount is $60,000 for 30 years and the interest...
Page 126 - 26 Section 12: Real Estate and Lending; P r i c e o f a M o r t g a g e Tr a d e d a t a D i s c o u n t o r P r e m i u m
126 Section 12: Real Estate and Lending File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 126 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 3: Again using the information given in example 1, what is the APR if the mortgage fee is stated as 2 points plus $150 ? Keystrokes...
Page 128 - 28 Section 12: Real Estate and Lending; Yi e l d o f a M o r t g a g e Tr a d e d a t a D i s c o u n t o r P r e m i u m
128 Section 12: Real Estate and Lending File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 128 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Yi e l d o f a M o r t g a g e Tr a d e d a t a D i s c o u n t o r P r e m i u m The annual yield of a mortgage bought at a discount or pr...
Page 130 - 30 Section 12: Real Estate and Lending; Th e R e n t o r B u y D e c i s i o n; KEYSTROKES DISPLAY KEYSTROKES
130 Section 12: Real Estate and Lending File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 130 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Th e R e n t o r B u y D e c i s i o n The question of whether to rent or purchase a residence is not always easy to answer, especially whe...
Page 134 - 34 Section 12: Real Estate and Lending; D e f e r r e d A n n u i t i e s
134 Section 12: Real Estate and Lending File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 134 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 4 n 4.00 Years in investment. 10 ¼ 10.00 Yearly appreciation rate. 70000 $ 70,000.00 House price. t 32,391.87 NCPR (calc...
Page 136 - Investment Analysis; Pa r t i a l -Ye a r D e p r e c i a t i o n; S t r a i g h t - L i n e D e p r e c i a t i o n
136 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 136 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 13 Investment Analysis Pa r t i a l -Ye a r D e p r e c i a t i o n For both income tax purposes and financial analyses, it is valuable to calculate depreciation based...
Page 137 - Section 13: Investment Analysis; REGISTERS
Section 13: Investment Analysis 137 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 137 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm KEYSTROKES DISPLAY KEYSTROKES DISPLAY ? 3 14- 44 3 gu 36- 43 31 :$ 15- 45 13 :$ 37- 45 13 ~ 16- 34 :M 38- 45 15 - 17- 30 - 39- 30 $ 18- 13 : 3 ...
Page 138 - 38 Section 13: Investment Analysis
138 Section 13: Investment Analysis File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 138 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Note: If the number of months in the first calendar year is less than 12, the amount of depreciation in the 1st year will be less than a full y...
Page 139 - D e c l i n i n g - B a l a n c e D e p r e c i a t i o n
Section 13: Investment Analysis 139 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 139 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 25 n 25.00 Life. 25 \ 25.00 Year desired. 4 t ~ 25.00 5,000.00 3,333.33 Twenty-fifth year: depreciation, remaining depreciab...
Page 140 - R E G I S T E R S
140 Section 13: Investment Analysis File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 140 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm KEYSTROKES DISPLAY KEYSTROKES DISPLAY 1 07- 1 1 27- 1 - 08- 30 ?+ 0 28-44 40 0 ? 0 09- 44 0 ?+ 2 29-44 40 2 1 10- 1 gi 22 30-43, 33 22 f# 11- 4...
Page 144 - 44 Section 13: Investment Analysis; F u l l - a n d Pa r t i a l -Ye a r D e p r e c i a t i o n w i t h C r o s s ov e r; KEYSTROKES DISPLAY KEYSTROKES
144 Section 13: Investment Analysis File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 144 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm F u l l - a n d Pa r t i a l -Ye a r D e p r e c i a t i o n w i t h C r o s s ov e r When calculating declining-balance depreciation it is oft...
Page 148 - 48 Section 13: Investment Analysis; E xc e s s D e p r e c i a t i o n; M o d i f i e d I n t e r n a l R a t e o f R e t u r n
148 Section 13: Investment Analysis File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 148 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm E xc e s s D e p r e c i a t i o n When accelerated depreciation is used, the difference between total depreciation charged over a given period...
Page 150 - 50 Section 13: Investment Analysis
150 Section 13: Investment Analysis File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 150 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 10 gCfl 657,152.37 NPV of positive cash flows. Þ$ 20 nM 775,797.83 NFV of positive cash flows. 180000 ÞgJ 0 gK 5 ga 100000 Þ...
Page 151 - Leasing; A d v a n c e Pay m e n t s; S o l v i n g F o r Pa y m e n t
151 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 151 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 14 Leasing A d v a n c e Pay m e n t s Situations may exist where payments are made in advance (leasing is a good example). These agreements call for extra payments to...
Page 154 - S o l v i n g f o r Y i e l d
154 Section 14: Leasing File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 154 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm S o l v i n g f o r Y i e l d To calculate the periodic yield, information is entered as follows: 1. Press g and f CLEAR G . 2. Key in the total number of...
Page 156 - A d v a n c e Pay m e n t s W i t h R e s i d u a l; S o l v i n g f o r Pa y m e n t
156 Section 14: Leasing File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 156 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 25000 ? 3 t 17.33 Annual yield (as a percentage). 625 ? 2 t 19.48 Annual yield (as a percentage) when PMT is increased $25. A d v a n c ...
Page 158 - S o l v i n g F o r Y i e l d
158 Section 14: Leasing File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 158 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Example 2: Using the information from example 1, what would the monthly payments be if the lessor desired a yield of 18% annually ? Keystrokes Display 487....
Page 160 - Savings; N o m i n a l R a t e C o n v e r t e d t o E f f e c t i v e R a t e
160 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 160 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 15 Savings N o m i n a l R a t e C o n v e r t e d t o E f f e c t i v e R a t e Given a nominal interest rate and the number of compounding periods per year, this key...
Page 162 - N o m i n a l R a t e C o n v e r t e d t o C o n t i n u o u s E f f e c t i v e R a t e
162 Section 15: Savings File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 162 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm N o m i n a l R a t e C o n v e r t e d t o C o n t i n u o u s E f f e c t i v e R a t e This procedure converts a nominal annual interest rate to the con...
Page 163 - Bonds; 0 / 36 0 D ay B a s i s B o n d s
163 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 163 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Section 16 Bonds 3 0 / 36 0 D ay B a s i s B o n d s A bond is a contract to pay interest, usually semiannually, at a given rate (coupon) and to pay the principal of the bond ...
Page 166 - A n n u a l C o u p o n B o n d s
166 Section 16: Bonds File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 166 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm A n n u a l C o u p o n B o n d s For bonds which have annual coupons, use the following hp 12c program to evaluate price and accrued interest on an Actual/A...
Page 169 - Appendixes
File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 169 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendixes
Page 170 - Appendix A; The Automatic Memory Stack
170 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 170 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix A The Automatic Memory Stack Four special registers in the hp 12c are used for storing numbers during calculations. To understand how these registers are used, they s...
Page 171 - Appendix A: The Automatic Memory Stack 171
Appendix A: The Automatic Memory Stack 171 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 171 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Now let’s see what happens in the stack during a chain calculation: 7 ) 6 5 ( ) 4 3 ( × + ×
Page 172 - 72 Appendix A: The Automatic Memory Stack; R e a r r a n g i n g N u m b e r s i n t h e S t a c k
172 Appendix A: The Automatic Memory Stack File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 172 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Te r m i n a t i o n o f D i g i t E n t r y The first digit keyed in after digit entry has been terminated replaces the number already ...
Page 173 - Appendix A: The Automatic Memory Stack 173; O n e - N u m b e r F u n c t i o n s a n d t h e S t a c k; M a t h e m a t i c s F u n c t i o n s
Appendix A: The Automatic Memory Stack 173 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 173 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Pressing d four times successively displays the numbers in the Y-, Z-, and T-registers and returns the numbers to their original registe...
Page 174 - 74 Appendix A: The Automatic Memory Stack; Pe r c e n t a g e F u n c t i o n s
174 Appendix A: The Automatic Memory Stack File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 174 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm When an arithmetic operation or q is performed, the answer is placed in the X-register, the number formerly in the X-register is copied ...
Page 175 - Appendix A: The Automatic Memory Stack 175; C a l e n d a r a n d F i n a n c i a l F u n c t i o n s
Appendix A: The Automatic Memory Stack 175 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 175 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm C a l e n d a r a n d F i n a n c i a l F u n c t i o n s The following table shows what quantity is in each stack register after the in...
Page 176 - 76 Appendix A: The Automatic Memory Stack; Th e L A S T X R e g i s t e r a n d t h e; LAST X
176 Appendix A: The Automatic Memory Stack File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 176 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Th e L A S T X R e g i s t e r a n d t h e Key The number in the displayed X-register is copied into the LAST X register whenever any of...
Page 177 - Appendix A: The Automatic Memory Stack 177; A r i t h m e t i c C a l c u l a t i o n s w i t h C o n s t a n t s
Appendix A: The Automatic Memory Stack 177 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 177 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm The diagram on page 171 illustrates how the automatic stack lift and stack drop make chain calculations quick and error-free. Virtually ...
Page 178 - 78 Appendix A: The Automatic Memory Stack
178 Appendix A: The Automatic Memory Stack File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 178 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Keystrokes Display 84000 84,000. Enters base amount into displayed X-register. § 168,000.00 Annual sales after first year. § 336,000.00 ...
Page 179 - Appendix B; Error 3
179 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 179 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix B More About L Given a sequence of positive and negative cash flows, we hope that there is enough information to determine whether an IRR answer exists, and what that...
Page 180 - 80 Appendix B: More About
180 Appendix B: More About L File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 180 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Your guess will aid the calculator in its search, and if it finds an IRR answer near your guess, that answer will be displayed. Since the calculator c...
Page 181 - Appendix C; Error Conditions; E r r o r 0 : M a t h e m a t i c s; Operation Condition
181 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 181 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix C Error Conditions Some calculator operations cannot be performed under certain conditions (for example, z when x = 0). If you attempt such an operation under these c...
Page 182 - 82 Appendix C: Error Conditions; E r r o r 1 : S t o ra g e R e g i s t e r O v e r f l ow; E r r o r 2 : S t a t i s t i c s; E r r o r 3 : I R R
182 Appendix C: Error Conditions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 182 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm E r r o r 1 : S t o ra g e R e g i s t e r O v e r f l ow Operation Condition ?+ (0 through 4) ?- (0 through 4) ?§ (0 through 4) ?z (0 through 4) ...
Page 183 - Appendix C: Error Conditions 183; E r r o r 5 : C o m p o u n d I n t e r e s t; E r r o r 6 : S t o ra g e R e g i s t e r s
Appendix C: Error Conditions 183 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 183 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm E r r o r 5 : C o m p o u n d I n t e r e s t Operation Condition n PMT ≤ –PV × i PMT = FV × i i ≤ –100 The values in i, PV, and FV are such that ...
Page 184 - 84 Appendix C: Error Conditions; E r r o r 7: I R R; E r r o r 9 : S e r v i c e
184 Appendix C: Error Conditions File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 184 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm E r r o r 7: I R R Refer to Appendix B. E r r o r 8 : C a l e n d a r Operation Condition Ò D Improper date format or illegal date. D Attempting t...
Page 185 - Appendix D; Formulas Used; Pe rc e n t a g e; S i m p l e I n t e r e s t
185 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 185 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix D Formulas Used Pe rc e n t a g e 100 ) Rate( ) Base( % x y × = ⎟⎟ ⎠ ⎞ ⎜⎜ ⎝ ⎛ − = ∆ ) Base( ) Base( ) NewAmount( 100 % y y x ⎟⎟ ⎠ ⎞ ⎜⎜ ⎝ ⎛ = ) Total( ) Amount( 100 %T...
Page 187 - Appendix D: Formulas Used 187; D i s c o u n t e d C a s h F l ow A n a l y s i s; N e t P r e s e n t Va l u e; C a l e n d a r; A c t u a l D a y B a s i s
Appendix D: Formulas Used 187 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 187 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm D i s c o u n t e d C a s h F l ow A n a l y s i s N e t P r e s e n t Va l u e NPV = net present value of a discounted cash flow. CF j = cash flow a...
Page 188 - 88 Appendix D: Formulas Used; B o n d s
188 Appendix D: Formulas Used File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 188 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm B o n d s Reference: Spence, Graudenz, and Lynch, Standard Securities Calculation Methods , Securities Industry Association, New York, 1973. DIM = da...
Page 189 - Appendix D: Formulas Used 189; D e p r e c i a t i o n; SAL
Appendix D: Formulas Used 189 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 189 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm D e p r e c i a t i o n L = asset’s useful life expectancy. SBV = starting book value. SAL = salvage value. FACT = declining-balance factor expressed...
Page 190 - 90 Appendix D: Formulas Used
190 Appendix D: Formulas Used File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 190 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Program for partial year: ) ( 12 1 1 SAL SBV Y SOYD L DPN − ⋅ ⎟ ⎠ ⎞ ⎜ ⎝ ⎛ ⋅ ⎟ ⎠ ⎞ ⎜ ⎝ ⎛ = ) ( 2 1 SAL D SBV SOYD j LADJ DPN LADJ j − − ⋅ ⎟ ⎟⎠ ⎞ ⎜ ⎜⎝ ...
Page 191 - Appendix D: Formulas Used 191; I n t e r e s t R a t e C o n v e r s i o n s; F i n i t e C o m p o u n d i n g; C o n t i n u o u s C o m p o u n d i n g; EFF; S t a t i s t i c s; M e a n
Appendix D: Formulas Used 191 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 191 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm I n t e r e s t R a t e C o n v e r s i o n s C = number of compounding periods per year. EFF = the effective annual interest rate as a decimal. NOM ...
Page 193 - Appendix E; Service Information; B a t t e r y; Warning
193 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 193 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix E Battery, Warranty, and Service Information B a t t e r y The hp 12c is shipped with one 3 Volt CR2023 Lithium battery. Battery life depends on how the calculator is...
Page 196 - Wa r r a n t y
196 Appendix E: Battery, Warranty, and Service Information File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 196 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Wa r r a n t y hp 12c Financial Calculator; Warranty period: 12 months 1. HP warrants to you, the end-user customer, tha...
Page 197 - S e r v i c e; Europe
Appendix E: Battery, Warranty, and Service Information 197 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 197 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Some countries, States or provinces do not allow the exclusion or limitation of incidental or consequential damages, so ...
Page 199 - R e g u l a t o r y I n f o r m a t i o n; USA; Canada; Japan; Te m p e r a t u r e S p e c i f i c a t i o n s
Appendix E: Battery, Warranty, and Service Information 199 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 199 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm R e g u l a t o r y I n f o r m a t i o n This section contains information that shows how the hp 12c financial calculat...
Page 201 - Appendix F; United Kingdom Calculations; M o r t g a g e s
201 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 201 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Appendix F United Kingdom Calculations The calculations for most financial problems in the United Kingdom are identical to the calculations for those problems in the United St...
Page 202 - 02 Appendix F: United Kingdom Calculations; A n n u a l Pe r c e n t a g e R a t e ( A PR ) C a l c u l a t i o n s
202 Appendix F: United Kingdom Calculations File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 202 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm A n n u a l Pe r c e n t a g e R a t e ( A PR ) C a l c u l a t i o n s In the United Kingdom, the calculation of the Annual Percentage...
Page 203 - Function Key Index
203 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 203 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Function Key Index G e n e r a l ; Power on /off key (page 16) . f Shift key. Selects alternate function in gold above the function keys (page 16) . Also used in display forma...
Page 204 - 04 Function Key Index; F i n a n c i a l
204 Function Key Index File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 204 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm F i n a n c i a l CLEAR G Clears contents of financial registers (page 33) . × Sets payment mode to Begin for compound interest calculations involving payme...
Page 205 - Function Key Index 205; M a t h e m a t i c s
Function Key Index 205 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 205 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Ö Computes mean (average) of x-value s and y-value s using accumulated statistics (page 77) . Computes weighted average of y- (item) and x -(weight) value...
Page 206 - Programming Key Index
206 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 206 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Programming Key Index s Program/Run. Toggles into and out of Program mode. Automatically sets program to line 00 when returning to Run mode (page 86) . N Memory map. Describes...
Page 207 - Programming Key Index 207
Programming Key Index 207 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 207 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm P r o g r a m M o d e R u n M o d e A c t i v e K e y s : i Go to. Followed by a decimal point and a two-digit number, positions calculator to that line ...
Page 208 - Subject Index
208 File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 208 of 209 Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm Subject Index A , 12, 54, 172 Adding instructions, 114–19 Advance payments, 151, 156 Amortization, 38, 54–56, 186 Annual interest rate, 39 Annual Percentage Rate, 52–53, 124–2...
