HP 12C - Manuals - manualsarea.com

Page 2 - Notice; Printing History; Edition 4

File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 2 of 275 Printed Date: 2005/8/1 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 COM...

Page 3 - Introduction; A b o u t Th i s H a n d b o o k; This

3 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 3 of 275 Printed Date: 2005/8/1 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 platinum user's guide is intended to help you get the most out of your investment in your hp 12c platinum Programmable Fi...

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; hp 12c platinum Solutions

4 Introduction File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 4 of 275 Printed Date: 2005/8/1 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 pt_user's guide_English_HDPMF123E27 Page: 5 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Contents Introduction .................................................................... 3 About This Handbook .....................................................................

Page 6 - Calculating the Number of Payments or Compounding Periods ... 49

6 Contents File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 6 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Percent of Total in ALG Mode ................................................. 36 Calendar Functions ........................................................................

Page 7 - The

Contents 7 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 7 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Status Indicators .................................................................... 87 Number Display Formats ........................................................ ...

Page 9 - More About

Contents 9 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 9 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Section 15: Savings .......................................................... 213 Nominal Rate Converted to Effective Rate ......................................213 Effe...

Page 10 - Battery, Warranty, and Service Information 259

10 Contents File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 10 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Error 2: Statistics........................................................................ 246 Error 3: IRR ..............................................................

Page 12 - Keystrokes

12 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 12 of 275 Printed Date: 2005/8/1 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 13 - Making Financial Calculations Easy; running; Hf; Keystrokes Display

Making Financial Calculations Easy 13 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 13 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Note: A battery symbol ( ) shown in the upper-left corner of the display when the calculator is on signifies that the available battery power ...

Page 14 - 4 Making Financial Calculations Easy; gA; ÞP

14 Making Financial Calculations Easy File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 14 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display M 10,371.79 Value of policy in 14 years. Example 3: The preceding example showed that the insurance policy will provide abo...

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; prefix

16 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 16 of 275 Printed Date: 2005/8/1 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 platinum, press the ; key * . Pressing ; again turns the calculator off. If not manually turned off,...

Page 17 - change sign

Section 1: Getting Started 17 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 17 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Throughout this handbook, references to the functions shown on the keyboard in gold under the bracket labeled “ CLEAR” appear throughout this handbook...

Page 18 - enter exponent; B a c k s p a c i n g; gÚ; Display; gÚgÚ

18 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 18 of 275 Printed Date: 2005/8/1 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 - Section 1: Getting Started; T h e C L E A R K ey s; Clearing

Section 1: Getting Started 19 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 19 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 12345 gÚgÚ .63 + 123.63 Correcting removes the 4 and 5. gÚ clears the most recent digit entered. 5 } 128.63 } is also la...

Page 20 - T h e R P N a n d A LG K e y s; RPN; OO; RPN mode

20 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 20 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm U n d o O p e r a t i o n Every time you press O , gÚ , f CLEAR H , f CLEAR ² or f CLEAR G key to clear data, the status indicator appears in the disp...

Page 21 - 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 i n R P N M o d e; then; terminates

Section 1: Getting Started 21 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 21 of 275 Printed Date: 2005/8/1 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 i n R P N M o d e In RPN mode, any simple arithmetic calculation involves two numbers and an o...

Page 22 - 2 Section 1: Getting Started; 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 i n A LG M o d e

22 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 22 of 275 Printed Date: 2005/8/1 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 i n A LG M o d e In ALG mode, any simple arithmetic calculation involves two numbers and an op...

Page 23 - C h a i n C a l c u l a t i o n s i n R P N M o d e; not

Section 1: Getting Started 23 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 23 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm C h a i n C a l c u l a t i o n s i n R P N M o d e Whenever the answer has just been calculated and is therefore in the display, you can perform anot...

Page 24 - 4 Section 1: Getting Started; Pressing

24 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 24 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display - 21.68 Pressing - subtracts the number just entered from the number previously in the display. The calculator displays ...

Page 25 - But with the hp 12c platinum, you don’t need to

Section 1: Getting Started 25 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 25 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Your hp 12c platinum calculates the answer in just the same way in RPN mode: Keystrokes (RPN mode) Display 3 \ 4 § 12.00 Step 1: Multiply the numbers ...

Page 26 - 6 Section 1: Getting Started; C h a i n C a l c u l a t i o n s i n A LG M o d e; Pa r e n t h e s e s C a l c u l a t i o n s

26 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 26 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm C h a i n C a l c u l a t i o n s i n A LG M o d e To do a chain calculation, you don’t need to press } after each operation, but only at the very end...

Page 27 - 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; store

Section 1: Getting Started 27 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 27 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm If you want to calculate ) 1 5 ( 8 − , use the following keystrokes: Keystrokes (ALG mode) Display OO 0.00 Clears any pending operations. 8 zgØ 5 - 5....

Page 28 - 8 Section 1: Getting Started

28 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 28 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: Before you leave to call on a customer interested in your personal computer, you store the cost of the computer ($1,250) and also the cost of...

Page 29 - all; 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

Section 1: Getting Started 29 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 29 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm C l e a r i n g S t o r a g e R e g i s t e r s To clear a single storage register — that is, to replace the number in it with zero — merely store zer...

Page 30 - 0 Section 1: Getting Started; . Note that the display

30 Section 1: Getting Started File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 30 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display 22.95 ?- 0 22.95 Subtracts the first check from the balance in R 0 . Note that the display continues to show the amount subtracted;...

Page 31 - 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 i n R P N M o d e

31 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 31 of 275 Printed Date: 2005/8/1 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 platinum includes three keys for solving percentage problems: b , à , and Z . You don’...

Page 34 - 4 Section 2: Percentage and Calendar Functions; Pe r c e n t D i f f e r e n c e; markup

34 Section 2: Percentage and Calendar Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 34 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 8 b 1,860.00 Amount of discount. = 21,390.00 Base amount less discount. 6 b 1,283.40 Amount of tax (on...

Page 35 - In RPN mode, to calculate what percentage one number is of another:; Adds the second number.

Section 2: Percentage and Calendar Functions 35 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 35 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Pe r c e n t o f To t a l i n R P N M o d e In RPN mode, to calculate what percentage one number is of another: 1. Calculate the tot...

Page 36 - 6 Section 2: Percentage and Calendar Functions; to separate the other number from the total number.; Pe r c e n t o f To t a l i n A LG M o d e; In ALG mode, to calculate what percentage one number is of another:

36 Section 2: Percentage and Calendar Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 36 of 275 Printed Date: 2005/8/1 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 37 - Section 2: Percentage and Calendar Functions; C a l e n d a r F u n c t i o n s; gD; D a t e F o r m a t; fE

Section 2: Percentage and Calendar Functions 37 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 37 of 275 Printed Date: 2005/8/1 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 38 - 8 Section 2: Percentage and Calendar Functions; gÔ; F u t u r e o r Pa s t D a t e s

38 Section 2: Percentage and Calendar Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 38 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm For example, to key in April 7, 2004: Keystrokes Display 4.072004 4.072004 Day-Month-Year. To set the date format to day-month-year,...

Page 39 - If you purchased a 120-day option on a piece of land on 14 May

Section 2: Percentage and Calendar Functions 39 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 39 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: If you purchased a 120-day option on a piece of land on 14 May 2004, what would be the expiration date ? Assume that you no...

Page 40 - To calculate the number of days between two given dates:; gÕ

40 Section 2: Percentage and Calendar Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 40 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm N u m b e r o f D a y s B e t w e e n D a t e s To calculate the number of days between two given dates: 1. Key in the earlier date ...

Page 41 - Section 3; Basic Financial Functions; Th e Fi n a n c i a l R e g i s t e r s; PV; 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; To display a number stored in a financial register, press

41 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 41 of 275 Printed Date: 2005/8/1 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 27, the hp 12c platinum has five special ...

Page 42 - 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; fÏ

42 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 42 of 275 Printed Date: 2005/8/1 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 43 - Section 3: Basic Financial Functions; Stores the number of days.

Section 3: Basic Financial Functions 43 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 43 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 1: Your good friend needs a loan to start his latest enterprise and has requested that you lend him $450 for 60 days. You lend him t...

Page 44 - 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; don’t

44 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 44 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 The concepts and examples presented in this section are r...

Page 46 - The Cash Flow Sign Convention:; T h e Pa y m e n t M o d e; gÂ

46 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 46 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm z FV — the future value — is the final cash flow or the compounded value of a series of prior cash flows. In the particular problem illustra...

Page 47 - status indicator is lit when the payment mode is set to Begin. If; BEGIN; is not lit, the payment mode is set to End.; 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; Remember

Section 3: Basic Financial Functions 47 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 47 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm The BEGIN status indicator is lit when the payment mode is set to Begin. If BEGIN is not lit, the payment mode is set to End. The payment mo...

Page 48 - 8 Section 3: Basic Financial Functions

48 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 48 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm

Page 49 - 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; annual rate; 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; PMT

Section 3: Basic Financial Functions 49 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 49 of 275 Printed Date: 2005/8/1 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 50 - 0 Section 3: Basic Financial Functions; total; gC

50 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 50 of 275 Printed Date: 2005/8/1 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 51 - full; FV

Section 3: Basic Financial Functions 51 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 51 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display n 328.00 Number of payments required. 12 z 27.33 Twenty-seven years and four months. In ALG mode, perform the ...

Page 52 - 2 Section 3: Basic Financial Functions

52 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 52 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display +:P –325.00 Recalls payment amount. } –143.11 Final, fractional payment. Alternatively, you could make the fra...

Page 53 - z1⁄4

Section 3: Basic Financial Functions 53 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 53 of 275 Printed Date: 2005/8/1 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 6.25% interest compounded ...

Page 54 - 4 Section 3: Basic Financial Functions

54 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 54 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display gÂ 4,000.00 Sets the payment mode to End. n 58.00 Number of semimonthly deposits. z 2 } 29.00 Number of months...

Page 55 - 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 55 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 55 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 4000 } –22.73 Calculates final, fractional, 58 th deposit required to reach $4,000. C a l c u l a t i n g t h ...

Page 56 - 6 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

56 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 56 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display ¼ 1.61 Periodic (quarterly) interest rate. 4 § 6.44 Annual interest rate. Keystrokes (ALG mode) Display f CLEA...

Page 58 - 8 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

58 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 58 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 2: A development company would like to purchase a group of condominiums with an annual net cash flow of $17,500. The expected holdin...

Page 60 - 0 Section 3: Basic Financial Functions; C a l c u l a t i n g t h e F u t u r e Va l u e

60 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 60 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display f CLEAR G 15 \ 2 µw 30.00 Calculates and stores n. 9.75 \ 2 z¼ 4.88 Calculates and stores i. 3200 Þ$ –3,200.00...

Page 62 - 2 Section 3: Basic Financial Functions; Þ1⁄4

62 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 62 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display f CLEAR G 2 gA 24.00 Calculates and stores n. 6.25 gC 0.52 Calculates and stores i. 50 ÞP –50.00 Stores PMT (with minus s...

Page 63 - period between the date interest begins accruing and the

Section 3: Basic Financial Functions 63 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 63 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm O d d - Pe r i o d C a l c u l a t i o n s The cash flow diagrams and examples presented so far have dealt with financial transactions in wh...

Page 64 - 4 Section 3: Basic Financial Functions; gÒ

64 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 64 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm You can calculate i , PV , PMT , and FV for transactions involving an odd period simply by entering a noninteger n . (A noninteger is a numb...

Page 66 - 6 Section 3: Basic Financial Functions

66 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 66 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 2.152004 } 2.15 Keys in the date interest begins accruing and separates it from the next date entered. 3.01200...

Page 67 - n t

Section 3: Basic Financial Functions 67 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 67 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display 42 +n 42.43 Adds the fractional part of n t o the number of complete payment periods, then stores the result i...

Page 68 - 8 Section 3: Basic Financial Functions

68 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 68 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Before leaving this Odd-Period mode example, you may now press ?Æ to turn the C annunciator off, if needed. Note that when the calculator is...

Page 69 - A m o r t iz a t i o n

Section 3: Basic Financial Functions 69 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 69 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm A m o r t iz a t i o n The hp 12c platinum enables you to calculate the amounts applied toward principal and toward interest from a single l...

Page 70 - 0 Section 3: Basic Financial Functions; dd

70 Section 3: Basic Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 70 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display 1498.12 ÞP –1,498.12 Enters PMT (with minus sign for cash paid out). gÂ –1,498.12 Sets payment mode to End. 12 f! –13,006...

Page 72 - 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; fl

72 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 72 of 275 Printed Date: 2005/8/1 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 platinum provides functions for the two most widely-us...

Page 73 - Calculating NPV for Ungrouped Cash Flows.; gJ

Section 4: Additional Financial Functions 73 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 73 of 275 Printed Date: 2005/8/1 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 74 - 4 Section 4: Additional Financial Functions; NPV; CF

74 Section 4: Additional Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 74 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm In summary, to enter the cash flow amounts: 1. Press f CLEAR H to clear the financial and storage registers. 2. Key in the amount of th...

Page 75 - Section 4: Additional Financial Functions; for Grouped Cash Flows.

Section 4: Additional Financial Functions 75 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 75 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display 500 ÞgK –500.00 Stores CF 1 (with minus sign for a negative cash flow). 4500 gK 4,500.00 Stores CF 2 . 5500 gK 5,500...

Page 76 - 6 Section 4: Additional Financial Functions; Year Cash

76 Section 4: Additional Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 76 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm In summary, to enter the amounts of the cash flows and the number of times they occur consecutively: 1. Press f CLEAR H to clear the fi...

Page 79 - fL

Section 4: Additional Financial Functions 79 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 79 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm R e v i e w i n g C a s h F l o w E n t r i e s z To display a single cash flow amount, press : , then key in the number of the registe...

Page 80 - 0 Section 4: Additional Financial Functions; C h a n g i n g C a s h F l o w E n t r i e s

80 Section 4: Additional Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 80 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm To display all the cash flow amounts and the number of times they occur consecutively: Keystrokes Display :ga 1.00 N 7 :gK 100,000.00 C...

Page 81 - ga

Section 4: Additional Financial Functions 81 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 81 of 275 Printed Date: 2005/8/1 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 82 - 2 Section 4: Additional Financial Functions; B o n d C a l c u l a t i o n s; B o n d P r i c e

82 Section 4: Additional Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 82 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm B o n d C a l c u l a t i o n s The hp 12c platinum enables you to solve for bond price (and the interest accrued since the last intere...

Page 83 - B o n d Y i e l d; fS

Section 4: Additional Financial Functions 83 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 83 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm In ALG mode, perform the steps listed for RPN mode above but replace the last step with the step below. Keystrokes (ALG mode) Display +...

Page 84 - 4 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; fV

84 Section 4: Additional Financial Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 84 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm D e p r e c i a t i o n C a l c u l a t i o n s The hp 12c platinum enables you to calculate depreciation and the remaining depreciable...

Page 85 - Depreciation in third year.

Section 4: Additional Financial Functions 85 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 85 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display ~ 3,100.00 Remaining depreciable value after second year. 3 f# 1,440.00 Depreciation in third year. ~ 1,660.00 Remai...

Page 86 - Section 5; Additional Operating; C o n t i n u o u s M e m o r y; Pr Error

86 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 86 of 275 Printed Date: 2005/8/1 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 87 - 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; displayed; When only two decimal places are displayed, numbers are

Section 5: Additional Operating Features 87 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 87 of 275 Printed Date: 2005/8/1 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 Nine indicators that appear along the bottom of the display signify the status of the ...

Page 88 - 8 Section 5: Additional Operating Features; appears; Standard Display Format.; 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; mantissa

88 Section 5: Additional Operating Features File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 88 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Several options are provided for controlling how numbers appear in the display. But regardless of which display format or how many displ...

Page 90 - Th e; second

90 Section 5: Additional Operating Features File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 90 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm S p e c i a l D i s p l a y s Running. Certain functions and many programs may take several seconds or more to produce an answer. During...

Page 91 - 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; gF

Section 5: Additional Operating Features 91 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 91 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm The ~ key is also useful for checking the first number entered to make sure you keyed it in correctly. Before pressing the operation key...

Page 93 - 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

93 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 93 of 275 Printed Date: 2005/8/1 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 platinum can perform one- or two-variable statistical calculations. The data is entered int...

Page 94 - xy; 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; gÖ

94 Section 6: Statistics Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 94 of 275 Printed Date: 2005/8/1 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 95 - To find the average workweek and sales of this sample:

Section 6: Statistics Functions 95 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 95 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Salesperson Hours/Week Sales/Month 1 32 $17,000 2 40 $25,000 3 45 $26,000 4 40 $20,000 5 38 $21,000 6 50 $28,000 7 35 $15,000 To find the average...

Page 96 - 6 Section 6: Statistics Functions; S t a n d a r d D e v i a t i o n; gv

96 Section 6: Statistics Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 96 of 275 Printed Date: 2005/8/1 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 97 - Section 6: Statistics Functions; L i n e a r E s t i m a t i o n; gQ

Section 6: Statistics Functions 97 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 97 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm To continue summing data pairs, press gÖg^ before entering more data. Note: In some cases involving data values that differ by a relatively small...

Page 98 - 8 Section 6: Statistics Functions; displaying the correlation coefficient.; Bx; indicates the

98 Section 6: Statistics Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 98 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: Check the reliability of the linear estimate in the preceding example by displaying the correlation coefficient. Keystrokes Display ~ 0....

Page 99 - We i g h t e d M e a n; hp 12c platinum

Section 6: Statistics Functions 99 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 99 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm We i g h t e d M e a n You can compute the weighted mean of a set of numbers if you know the corresponding weights of the items in question. 1. P...

Page 100 - Section 7; Mathematics and; O n e - N u m b e r F u n c t i o n s; g°z

100 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 100 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Section 7 Mathematics and Number-Alteration Functions The hp 12c platinum provides several keys for mathematical functions and for altering numbers. These functions are useful...

Page 101 - Section 7: Mathematics and Number-Alteration Functions 101

Section 7: Mathematics and Number-Alteration Functions 101 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 101 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Integer. Pressing gÑ replaces the number in the display by its integer portion — that is, it replaces each digit to the ...

Page 102 - 02 Section 7: Mathematics and Number-Alteration Functions; Th e Pow e r F u n c t i o n i n R P N M o d e; To Calculate Keystrokes; Th e Pow e r Fu n c t i o n i n A LG M o d e; To Calculate; Þq

102 Section 7: Mathematics and Number-Alteration Functions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 102 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Th e Pow e r F u n c t i o n i n R P N M o d e Pressing q calculates a power of a number — that is, y x . Like the arith...

Page 104 - Section 8; Programming Basics; W hy U s e P ro g r a m s; fs; PRGM

104 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 104 of 275 Printed Date: 2005/8/1 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...

Page 105 - Section 8: Programming Basics 105

Section 8: Programming Basics 105 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 105 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: Your office supplies dealer is selling selected stock at 25% off. Create a program that calculates the net cost of an item after the dis...

Page 106 - 06 Section 8: Programming Basics; Ru n n i n g a P ro g r a m; status indicator in the display is not

106 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 106 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display \ 001, 36 2 002, 2 5 003, 5 b 004, 25 - 005, 30 5 006, 5 + 007, 40 Keystrokes (ALG mode) Display - 001, 30 2 002, 2...

Page 107 - Section 8: Programming Basics 107

Section 8: Programming Basics 107 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 107 of 275 Printed Date: 2005/8/1 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. Keystr...

Page 108 - 08 Section 8: Programming Basics; P ro g r a m M e m o r y; 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

108 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 108 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm P ro g r a m M e m o r y Keystrokes entered into the calculator in Program mode are stored in program memory . Each digit, decimal point, or func...

Page 109 - Section 8: Programming Basics 109; Instruction; D i s p l a y i n g P r o g r a m L i n e s

Section 8: Programming Basics 109 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 109 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Since keystroke sequences beginning with f , g , ? , : , and i are stored in only one program line, the display of that line would show the keyco...

Page 110 - 10 Section 8: Programming Basics

110 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 110 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm For example, to display the first two lines of the program now stored in program memory, set the calculator to Program mode and press Ê twice: Ke...

Page 111 - Section 8: Programming Basics 111; you keyed; gi

Section 8: Programming Basics 111 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 111 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm If either the Ê key or the Ü key is held down, the calculator displays all of the lines in program memory. Press Ê again now, but this time hold ...

Page 112 - E x p a n d i n g P r o g r a m M e m o r y

112 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 112 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm T h e 0 0 0 I n s t r u c t i o n a n d P r o g r a m L i n e 0 0 0 Whenever you run the program now stored in program memory, the calculator exe...

Page 113 - Section 8: Programming Basics 113

Section 8: Programming Basics 113 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 113 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm To determine at any time how many program lines (including those containing gi 000) are currently in program memory, press gN ( memory ). The cal...

Page 114 - 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; stored

114 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 114 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 There will be occasions when you’ll want to set the calcul...

Page 115 - Section 8: Programming Basics 115

Section 8: Programming Basics 115 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 115 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display fs 124.25 Sets calculator to Run mode and to line 000 in program memory. (Display shown assumes results remain from...

Page 116 - 16 Section 8: Programming Basics

116 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 116 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display fs 124.25 Sets calculator to Run mode and to line 000 in program memory. (Display shown assumes results remain from...

Page 117 - Section 8: Programming Basics 117; 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; pause; 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 117 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 117 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 Occasionally you’ll want a program to stop executing so that you can see an intermediate r...

Page 118 - 18 Section 8: Programming Basics

118 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 118 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Pressing the gu keys is not necessary when we do the calculations manually, since in Run mode the result of every intermediate calculation is dis...

Page 119 - Section 8: Programming Basics 119

Section 8: Programming Basics 119 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 119 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display § 890.50 AMOUNT. ?+ 1 890.50 Adds AMOUNT to sum of AMOUNT entries in register R 1 . : 0 6.75 Recalls tax rate to di...

Page 120 - 20 Section 8: Programming Basics

120 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 120 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Now, we’ll store the program in program memory. Do not key in the quantity and cost of each item; these numbers will vary each time the program i...

Page 121 - Section 8: Programming Basics 121

Section 8: Programming Basics 121 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 121 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display ?+ 3 012, 44 40 3 Note: The procedure used in the ALG program in steps 1 through 3 allows the algebraic program to ...

Page 122 - 22 Section 8: Programming Basics; gu; 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.

122 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 122 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display : 2 402.82 Sum of TAX column. : 3 6,370.52 Sum of TOTAL column. If the duration of the pause is not long enough to write down ...

Page 123 - Section 8: Programming Basics 123

Section 8: Programming Basics 123 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 123 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display § 001, 20 ~ 002, 34 } 003, 36 t 004, 31 Stops program execution to display AMOUNT. ?+ 1 005, 44 40 1 = 006, 40 : 0 ...

Page 124 - 24 Section 8: Programming Basics; Stopping Program Execution Manually.

124 Section 8: Programming Basics File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 124 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display t 137.70 TAX for third item. t 2,177.70 TOTAL for third item. 5 \ 345 345. Fourth item. t 1,725.00 AMOUNT for fourth item. t 1...

Page 125 - Section 9; Branching and Looping; S i m p l e B r a n c h i n g; go to

125 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 125 of 275 Printed Date: 2005/8/1 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 126 - 26 Section 9: Branching and Looping; L o o p i n g; go

126 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 126 of 275 Printed Date: 2005/8/1 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 127 - Section 9: Branching and Looping 127

Section 9: Branching and Looping 127 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 127 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display f! 003, 42 11 Amortizes payment(s). gu 004, 43 31 Pauses to display amount of payment(s) applied to interest. ~ 005, 34 Bri...

Page 128 - 28 Section 9: Branching and Looping

128 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 128 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display –593.75 Portion of first month’s payment applied to interest. Ê 004, 43 31 Line 004: gu . –593.75 Ê 005, 34 Line 005: ~ . –...

Page 129 - Section 9: Branching and Looping 129; C o n d i t i o n a l B r a n c h i n g; conditional

Section 9: Branching and Looping 129 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 129 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes Display t –592.25 Portion of third month’s payment applied to interest. –190.22 Portion of third month’s payment applied to princip...

Page 130 - 30 Section 9: Branching and Looping

130 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 130 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm These rules can be summarized as “DO if TRUE”. The program line immediately following that containing the conditional test instruction can con...

Page 131 - Section 9: Branching and Looping 131

Section 9: Branching and Looping 131 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 131 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm RPN program notes: We’ll key the income into the display before running the program so that it will be in the X-register when the : 0 instruct...

Page 132 - 32 Section 9: Branching and Looping

132 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 132 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display go 003, 43 34 Tests whether number in X-register (income) is less than or equal to number in Y-register (20,000)...

Page 133 - Section 9: Branching and Looping 133

Section 9: Branching and Looping 133 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 133 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display : 0 002, 45 0 Recalls test value into X-register and places income in Y-register. ~ 003, 34 Places income in X-r...

Page 134 - 34 Section 9: Branching and Looping

134 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 134 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display 20,000.00 Test value has been recalled to X-register, moving income to Y-register. Ê 002, 34 Line 002: ~ 15,000....

Page 135 - Section 9: Branching and Looping 135; Condition tested by

Section 9: Branching and Looping 135 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 135 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display Ê 004,43, 33, 007 Condition tested by o was true, so program execution continued with line 004: gi 007. 20,000.0...

Page 136 - 36 Section 9: Branching and Looping

136 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 136 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 20000 ? 0 20,000.00 Stores test value in register R 0 . 20 ? 1 20.00 Stores 20% tax rate in register R 1 . 25 ? ...

Page 137 - Section 9: Branching and Looping 137

Section 9: Branching and Looping 137 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 137 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display Ê 012,43,33,000 3,000.00 Line 012: gi 000. 20000 20,000. Keys income equal to test value into display and X-regi...

Page 138 - 38 Section 9: Branching and Looping; Stores income into register R

138 Section 9: Branching and Looping File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 138 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 25000 25,000. Keys income greater than test value into display and X-register. Ê 001, 44 9 Line 001: ? 9. 25,000...

Page 139 - Program Editing; program; 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

139 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 139 of 275 Printed Date: 2005/8/1 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 140 - A d d i n g I n s t r u c t i o n s a t t h e E n d o f a P ro g ra m

140 Section 10: Program Editing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 140 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display Ê 006,43, 33, 008 Shows that instruction in program line 006 has not been changed. fs 6,250.00 Sets calculator back t...

Page 141 - last

Section 10: Program Editing 141 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 141 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Note: To add one or more instructions at the end of a program that is not the last program stored in program memory, use the procedure described be...

Page 142 - 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

142 Section 10: Program Editing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 142 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 15000 t 12,000.00 Net income after 20% tax is subtracted from $15,000 income. A d d i n g I n s t r u c t i o n s w i...

Page 144 - 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

144 Section 10: Program Editing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 144 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display Þ 013, 16 Keys new instruction into program line 013. + 014, 40 Keys new instruction into program line 014. : 9 015, ...

Page 146 - Sets calculator back to Run mode.; Sets calculator to Program mode.

146 Section 10: Program Editing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 146 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display : 3 012, 45 3 ~ 013, 34 go 014, 43 34 gi 000 015,43, 33, 000 Added instructions. : 0 016, 45 0 Keys in instruction im...

Page 147 - Ends the current program with a

Section 10: Program Editing 147 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 147 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display gi 018 001,43, 33, 018 Branches to program line 018, the second line after last line of program. gi. 016 016, 36 Sets...

Page 149 - Multiple Programs; S t o r i n g A n o t h e r P r o g r a m

149 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 149 of 275 Printed Date: 2005/8/1 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 150 - 50 Section 11: Multiple Programs; 00 instruction separates it from the first

150 Section 11: Multiple Programs File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 150 of 275 Printed Date: 2005/8/1 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 in RPN mo...

Page 151 - Section 11: Multiple Programs 151

Section 11: Multiple Programs 151 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 151 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display - 025, 30 2 026, 2 5 027, 5 b 028, 25 + 029, 40 5 030, 5 } 031, 36 Keys in program. t 032, 31 Halts program executi...

Page 152 - 52 Section 11: Multiple Programs

152 Section 11: Multiple Programs File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 152 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display ? 0 028, 44 0 : 0 029, 45 0 f! 030, 42 11 gu 031, 43 31 ~ 032, 34 gu 033, 43 31 gi 029 034,43, 33, 029 Keys in prog...

Page 153 - Section 11: Multiple Programs 153; Ru n n i n g A n o t h e r P ro g r a m

Section 11: Multiple Programs 153 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 153 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Ru n n i n g A n o t h e r P ro g r a m To run a program that does not begin with program line 001: 1. Press fs to set the calculator to Run mode...

Page 156 - 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

156 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 156 of 275 Printed Date: 2005/8/1 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 157 - Section 12: Real Estate and Lending

Section 12: Real Estate and Lending 157 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 157 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm ALG Mode: z If fees are stated as a percentage of the mortgage amount (points), recall the mortgage amount ( :$ ); press - ; key in the fee...

Page 158 - 58 Section 12: Real Estate and Lending

158 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 158 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 2: Using the same information as given in example 1, calculate the APR if the mortgage fee is $750 instead of a percentage. Keystro...

Page 159 - 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; desired

Section 12: Real Estate and Lending 159 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 159 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display ¼ ¼ 0.48 Monthly interest rate (calculated). 12 § § 12 ³ 5.73 Annual percentage rate. P...

Page 160 - 60 Section 12: Real Estate and Lending; A 6.5% mortgage with 26 years remaining and a remaining

160 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 160 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display 9 gC 9 gC 0.75 Discount rate (into i). 137.17 P * 137.17 P * 137.17 Monthly payments (i...

Page 161 - 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

Section 12: Real Estate and Lending 161 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 161 of 275 Printed Date: 2005/8/1 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 162 - 62 Section 12: Real Estate and Lending; Percent annual yield.

162 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 162 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display P P 2,096.57 Payment received (calculated). :n :n 252.00 Recall number of periods. 42 -...

Page 163 - Calculate the remaining balance of the loan after five years.; Th e R e n t o r B u y D e c i s i o n; First the program computes the Net Cash Proceeds upon Resale (

Section 12: Real Estate and Lending 163 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 163 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Calculate the remaining balance of the loan after five years. Keystrokes (RPN mode) Keystrokes (ALG mode) Display 5 gA 5 gA 60.00 Number of...

Page 166 - REGISTERS

166 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 166 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY M 046, 15 :$ 046, 45 13 t 047, 31 M 047, 15 : 1 048, 45 1 t 048, 31 : 6 049, 45...

Page 168 - 68 Section 12: Real Estate and Lending

168 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 168 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: You are being transferred for 4 years to a distant city and are faced with the decision of whether to rent or to buy a house. A qu...

Page 169 - D e f e r r e d A n n u i t i e s

Section 12: Real Estate and Lending 169 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 169 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display t t 8.57 Yield. t t 46,048.61 Balance in savings. By purchasing a house, you would gain...

Page 170 - 70 Section 12: Real Estate and Lending

170 Section 12: Real Estate and Lending File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 170 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm In the example cited, the rental payment stream for months 7 through 24 are “deferred annuities,” as they start at some time in the future....

Page 171 - 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; KEYSTROKES

171 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 171 of 275 Printed Date: 2005/8/1 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 172 - 72 Section 13: Investment Analysis

172 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 172 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY : 1 012, 45 1 1 012, 1 § 013, 20 fV 013, 42 23 ? 3 014, 44 3 § 014, 20 :$ 015, 45 1...

Page 173 - Section 13: Investment Analysis 173

Section 13: Investment Analysis 173 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 173 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY gu 036, 43 31 ?= 2 036,44 40 2 :$ 037, 45 13 gi 029 037,43,33, 029 :M 038, 45 15 : ...

Page 174 - 74 Section 13: Investment Analysis

174 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 174 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm RPN Mode: 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 ...

Page 175 - Section 13: Investment Analysis 175

Section 13: Investment Analysis 175 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 175 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display f] f[ f CLEAR G f CLEAR G Salvage value = 0 so FV = 0; set to 0 by CLEAR G . 125000 $ 12500...

Page 176 - 76 Section 13: Investment Analysis; A used car was purchased for $6,730 with 4.5 months remaining in; 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

176 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 176 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 2: A used car was purchased for $6,730 with 4.5 months remaining in the year. If the expected life of the car is 5 years, what is the a...

Page 178 - R E G I S T E R S

178 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 178 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY :M 034, 45 15 : 2 034, 45 2 - 035, 30 gu 035, 43 31 : 3 036, 45 3 :$ 036, 45 13 gi ...

Page 179 - Section 13: Investment Analysis 179

Section 13: Investment Analysis 179 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 179 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm RPN Mode: 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 am...

Page 180 - 80 Section 13: Investment Analysis

180 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 180 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display 11,458.33 depreciation. S u m - o f - t h e -Ye a r s - D i g i t s D e p r e c i a t i o n...

Page 183 - Section 13: Investment Analysis 183

Section 13: Investment Analysis 183 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 183 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm RPN Mode: 6. Key in the year desired then press \ . 7. Key in the number of months in first year * then press t . † The display will show the a...

Page 184 - 84 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

184 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 184 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display 11 t ~ 11 t ~ 4.00 781.41 8,238.71 Fourth year: depreciation, remaining depreciable value. ...

Page 190 - 90 Section 13: Investment Analysis

190 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 190 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display 500 M 500 M 500.00 Salvage value. 8 n 8 n 8.00 Life. 200 ¼ 200 ¼ 200.00 Declining-balance f...

Page 191 - Section 13: Investment Analysis 191; E xc e s s D e p r e c i a t i o n; gÙ

Section 13: Investment Analysis 191 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 191 of 275 Printed Date: 2005/8/1 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 192 - 92 Section 13: Investment Analysis; 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

192 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 192 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 The traditional Internal Rate of Return ( IRR ) technique has several drawbacks which h...

Page 193 - MIRR

Section 13: Investment Analysis 193 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 193 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: An investor has the following unconventional investment opportunity. The cash flows are: Group # of Months Cash Flow ($) 0 1 –180,000 ...

Page 194 - 94 Section 13: Investment Analysis; B l a c k-S c h o l e s F o r m u l a f o r Va l u i n g E u r o p e a n O p t i o n s; displays the call option value, and

194 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 194 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm B l a c k-S c h o l e s F o r m u l a f o r Va l u i n g E u r o p e a n O p t i o n s This program implements the Black-Scholes formula which ...

Page 198 - gm

198 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 198 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY ~ 089, 34 ?- 3 089,44 30 3 : 3 090, 45 3 Þ 090, 16 :$ 091, 45 13 ?§ 3 091,44 20 3 ?...

Page 199 - Program Instructions

Section 13: Investment Analysis 199 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 199 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY } 113, 36 ?+ 4 114,44 40 4 : 4 115, 45 4 ~ 116, 34 ? 5 117, 44 5 g( 000 118,43,33, ...

Page 200 - 00 Section 13: Investment Analysis; An option has 6 months to run and a strike price of $45. Find; gr§P

200 Section 13: Investment Analysis File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 200 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 1: An option has 6 months to run and a strike price of $45. Find Call and Put values assuming a spot price of $52, return volatility of...

Page 201 - Section 13: Investment Analysis 201; The stock price six months from the expiration of an option is $42,

Section 13: Investment Analysis 201 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 201 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example 2: The stock price six months from the expiration of an option is $42, the exercise price of the option is $40, the risk-free interest ...

Page 202 - 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

202 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 202 of 275 Printed Date: 2005/8/1 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 206 - S o l v i n g f o r Y i e l d

206 Section 14: Leasing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 206 of 275 Printed Date: 2005/8/1 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 gÂ and f CLEAR G . RPN Mode: 2. Key in the total...

Page 209 - 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

Section 14: Leasing 209 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 209 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 Situations may arise where a transaction has advance payments and a residual value (salvage value) at t...

Page 212 - IRR

212 Section 14: Leasing File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 212 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm S o l v i n g f o r Y i e l d Solving for yield is essentially the same as solving for Internal Rate of Return ( IRR ). The keystrokes are as follows: 1. P...

Page 213 - 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

213 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 213 of 275 Printed Date: 2005/8/1 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 215 - E f f e c t i v e R a t e C o n v e r t e d t o N o m i n a l R a t e

Section 15: Savings 215 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 215 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 1. Key in the program. 2. RPN: Key in the annual nominal rate as a percentage then press \ . 2. ALG: Key in the annual nominal rate as a percentage then pr...

Page 216 - M1⁄4; C o n t i n u o u s 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

216 Section 15: Savings File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 216 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Example: Find the nominal rate compounded quarterly if the effective annual rate is 5.35%. Keystrokes (RPN mode) Keystrokes (ALG mode) Display f] f[ f CLEA...

Page 217 - Bonds; 0 / 36 0 D ay B a s i s B o n d s

217 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 217 of 275 Printed Date: 2005/8/1 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 218 - gT

218 Section 16: Bonds File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 218 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY 1 014, 1 z 014, 10 8 015, 8 1 015, 1 0 016, 0 8 016, 8 z 017, 10 0 017, 0 n 018, 11 n 018, 11 gT ...

Page 219 - status indicator is not displayed, press

Section 16: Bonds 219 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 219 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY : 1 039, 45 1 } 039, 36 : 6 040, 45 6 g( 000 040,43, 33, 000 + 041, 40 : 1 041, 45 1 Þ 042, 16 Þ ...

Page 221 - The market is quoting 105% for the bond described in example 1.; From previous example.

Section 16: Bonds 221 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 221 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Keystrokes (ALG mode) Display t t 103.41 Price to yield 4.5% (calculated). ~ +~ 1.33 Accrued interest (calculated). + ³ 104.74 Total pr...

Page 222 - A n n u a l C o u p o n B o n d s

222 Section 16: Bonds File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 222 of 275 Printed Date: 2005/8/1 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 platinum program to evaluate price and accrued interest on an...

Page 227 - Appendices

File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 227 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendices

Page 228 - Appendix A; RPN and the Stack; First, let’s consider the calculation of 5 – 2:

228 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 228 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix A RPN and the Stack In RPN mode, four special registers in the hp 12c platinum are used for storing numbers during calculations. To understand how these registers are...

Page 229 - Appendix A: RPN and the Stack 229; G e t t i n g N u m b e r s I n t o t h e S t a c k : T h e; — you press

Appendix A: RPN and the Stack 229 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 229 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Now let’s see what happens in the stack during a chain calculation in RPN mode: 7 ) 6 5 ( ) 4 3 ( × + × See how the intermediate results are not ...

Page 230 - 30 Appendix A: RPN and the Stack; replaces; 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; exchanges

230 Appendix A: RPN and the Stack File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 230 of 275 Printed Date: 2005/8/1 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 in the di...

Page 231 - Appendix A: RPN and the Stack 231; 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; One-number mathematics and number-alteration functions —; Tw o - 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; Two-number functions —; M a t h e m a t i c s F u n c t i o n s; and then key the 2

Appendix A: RPN and the Stack 231 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 231 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 One-number mathematics and number-alteration functions — y , r , ° , > , ¡ , e , B...

Page 232 - 32 Appendix A: RPN and the Stack; When an arithmetic operation or; Pe r c e n t a g e F u n c t i o n s

232 Appendix A: RPN and the Stack File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 232 of 275 Printed Date: 2005/8/1 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 into the ...

Page 233 - Appendix A: RPN and the Stack 233; 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; INT; Register; RDV

Appendix A: RPN and the Stack 233 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 233 of 275 Printed Date: 2005/8/1 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 indicated c...

Page 234 - 34 Appendix A: RPN and the Stack; Th e L A S T X R e g i s t e r a n d t h e; LAST X

234 Appendix A: RPN and the Stack File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 234 of 275 Printed Date: 2005/8/1 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 the foll...

Page 235 - Appendix A: RPN and the Stack 235; five; 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: RPN and the Stack 235 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 235 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Virtually every chain calculation you are likely to encounter can be done using only the four stack registers. However, to avoid having to store ...

Page 236 - 36 Appendix A: RPN and the Stack

236 Appendix A: RPN and the Stack File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 236 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (RPN mode) Display 84000 84,000. Enters base amount into displayed X-register. § 168,000.00 Annual sales after first year. § 336,000.0...

Page 237 - Appendix B; ALG

237 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 237 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix B Algebraic Mode (ALG) Although most of this material is included at the appropriate places throughout this manual, it is collected here for easy reference. To select...

Page 238 - gr§; Key i n g i n N e g a t i v e N u m b e r s (

238 Appendix B: Algebraic Mode (ALG) File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 238 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display 90.89 } –13.54 } completes the calculation. 65 gr§ 12 } 96.75 New calculation: 12 65 × z 3.5 } 27.64 Calculates ...

Page 239 - executed; Th e H i s t o r y S t a c k i n A LG M o d e

Appendix B: Algebraic Mode (ALG) 239 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 239 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Keystrokes (ALG mode) Display OO 0.00 Clears any pending operations. 456 - 75 z 381.00 18.5 § 20.59 68 z 1,400.43 1.9 } 737.07 Th e Key i n A ...

Page 242 - Pe r c e n t o f To t a l; Th e Pow e r Fu n c t i o n

242 Appendix B: Algebraic Mode (ALG) File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 242 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Pe r c e n t o f To t a l To calculate what percentage one number is of another: 1. Calculate the total amount by adding all individual amount...

Page 243 - Appendix C; Error 3

243 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 243 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix C 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 244 - 44 Appendix C: More About

244 Appendix C: More About L File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 244 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Searching for IRR. You can continue searching for IRR solutions, even after an Error 3 indication, as follows: 1. Make a guess for the interest rate a...

Page 245 - Appendix D; Error Conditions; Error; E r r o r 0 : M a t h e m a t i c s; Operation Condition

245 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 245 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix D 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 246 - 46 Appendix D: 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

246 Appendix D: Error Conditions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 246 of 275 Printed Date: 2005/8/1 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 247 - Appendix D: Error Conditions 247; E r r o r 5 : C o m p o u n d I n t e r e s t

Appendix D: Error Conditions 247 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 247 of 275 Printed Date: 2005/8/1 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 i = 0 and PMT = 0 PMT is between FV × d and –PV × d , inclusive, where d = ) 1...

Page 248 - 48 Appendix D: Error Conditions; E r r o r 6 : S t o ra g e R e g i s t e r s; E r r o r 7: I R R

248 Appendix D: Error Conditions File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 248 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm E r r o r 6 : S t o ra g e R e g i s t e r s Operation Condition ? : Storage register specified does not exist or has been converted to program li...

Page 249 - Appendix D: Error Conditions 249; E r r o r 8 : C a l e n d a r; Improper date format or illegal date.; E r r o r 9 : S e r v i c e; Refer to Appendix F.; P r E r r o r; You have reset the calculator using the reset hole (see page 261).

Appendix D: Error Conditions 249 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 249 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm 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 to add days beyond calculator’s date capa...

Page 250 - Appendix E; Formulas Used; Pe rc e n t a g e; S i m p l e I n t e r e s t

250 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 250 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix E 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 252 - 52 Appendix E: Formulas Used; 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

252 Appendix E: Formulas Used File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 252 of 275 Printed Date: 2005/8/1 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 253 - Appendix E: Formulas Used 253; B o n d s

Appendix E: Formulas Used 253 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 253 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm B o n d s Reference: Jan Mayle, TIPS Inc., Standard Securities Calculation Methods , Volume 1, Third Edition, Securities Industry Association Inc., N...

Page 254 - 54 Appendix E: Formulas Used; B l a c k - S c h o l e s F o r m u l a f o r V a l u i n g E u r o p e a n O p t i o n s

254 Appendix E: Formulas Used File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 254 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm B l a c k - S c h o l e s F o r m u l a f o r V a l u i n g E u r o p e a n O p t i o n s P = current asset price. r% = risk-free rate (continuous, p...

Page 256 - 56 Appendix E: Formulas Used; NFV; F i n i t e C o m p o u n d i n g; EFF

256 Appendix E: Formulas Used File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 256 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm L FACT RBV DPN j j 100 1 ⋅ = − for j ≠ 1 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 n = number of compounding periods. NFV P = Net futur...

Page 257 - Appendix E: Formulas Used 257; S t a t i s t i c s; M e a n; = number of data pairs; where

Appendix E: Formulas Used 257 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 257 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm S t a t i s t i c s M e a n n x x ∑ = n y y ∑ = We i g h t e d M e a n ∑ ∑ = w wx x w L i n e a r E s t i m a t i o n n = number of data pairs Bx A y...

Page 258 - 58 Appendix E: Formulas Used

258 Appendix E: Formulas Used File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 258 of 275 Printed Date: 2005/8/1 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 Market Value = PRICE(1 + I ) n where: I = appreciation per year (as decimal) n = number of years Net Cash Proc...

Page 259 - Appendix F; Service Information; B a t t e r y; ) shown in the upper-left corner of the display when the; Warning

259 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 259 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix F Battery, Warranty, and Service Information B a t t e r y The hp 12c platinum is shipped with one 3 Volt CR2032 Lithium battery. Battery life depends on how the calc...

Page 260 - I n s t a l l i n g a N e w B a t t e r y; To install a new battery, use the following procedure:; Pr; . Pressing any key will clear

260 Appendix F: Battery, Warranty, and Service Information File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 260 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm I n s t a l l i n g a N e w B a t t e r y The contents of the calculator’s Continuous Memory are preserved for a short t...

Page 261 - Ve r i f y i n g P ro p e r O p e r a t i o n ( S e l f -Te s t s )

Appendix F: Battery, Warranty, and Service Information 261 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 261 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Ve r i f y i n g P ro p e r O p e r a t i o n ( S e l f -Te s t s ) If it appears that the calculator will not turn on o...

Page 263 - Wa r r a n t y; hp 12c platinum Financial Calculator Warranty period: 12 months

Appendix F: Battery, Warranty, and Service Information 263 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 263 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Wa r r a n t y hp 12c platinum Financial Calculator; Warranty period: 12 months 1. HP warrants to you, the end-user cust...

Page 264 - S e r v i c e

264 Appendix F: Battery, Warranty, and Service Information File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 264 of 275 Printed Date: 2005/8/1 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 265 - R e g u l a t o r y I n f o r m a t i o n; USA

Appendix F: Battery, Warranty, and Service Information 265 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 265 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Asia Pacific Country : Telephone numbers Australia +61-3-9841-5211 Singapore +61-3-9841-5211 L.America Country : Telepho...

Page 266 - Canada; この装置は、情報処理装置等電波障害自主規制協議会; Te m p e r a t u r e S p e c i f i c a t i o n s

266 Appendix F: Battery, Warranty, and Service Information File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 266 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm installation. In the unlikely event that there is interference to radio or television reception(which can be determined ...

Page 267 - Appendix G; United Kingdom Calculations; M o r t g a g e s; banks

267 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 267 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Appendix G 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 268 - 68 Appendix G: 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

268 Appendix G: United Kingdom Calculations File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 268 of 275 Printed Date: 2005/8/1 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 269 - Function Key Index

269 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 269 of 275 Printed Date: 2005/8/1 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 270 - 70 Function Key Index; F i n a n c i a l

270 Function Key Index File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 270 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm F i n a n c i a l CLEAR G Clears contents of financial registers (page 42) . × Sets payment mode to Begin for compound interest calculations involving payme...

Page 271 - Function Key Index 271; M o d e s

Function Key Index 271 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 271 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Ö Computes mean (average) of x-value s and y-value s using accumulated statistics (page 94) .  Computes weighted average of y- (item) and x -(weight) value...

Page 272 - Programming Key Index; Program

272 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 272 of 275 Printed Date: 2005/8/1 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 000 when returning to Run mode (page 86) . N Memory map. Describe...

Page 273 - Programming Key Index 273; gN

Programming Key Index 273 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 273 of 275 Printed Date: 2005/8/1 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 three-digit number, positions calculator to that lin...

Page 274 - Subject Index; See

274 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 274 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Subject Index A , 13, 69, 230 Adding instructions, 140–48 Adjusting the Display Contrast, 16 Advance payments, 202, 209 Algebraic mode, 20, 237 Amortization, 48, 69–71, 251 An...

Page 275 - Constants, arithmetic calculations

Subject Index 275 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 275 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm Compound interest, 49–68, 251 Compound interest calculation, 12 Compounding periods, 44, 49 Conditional branching, 129–30 Conditional test instructions, 129 Cons...