Hp 17Bii+ Financial Calculator User’S Guide
Total Page:16
File Type:pdf, Size:1020Kb
hp 17bII+ financial calculator user’s guide Edition 2 HP part number F2234-90001 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 COMPANY MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MANUAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE. HEWLETT-PACKARD CO. SHALL NOT BE LIABLE FOR ANY ERRORS OR FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MANUAL OR THE EXAMPLES CONTAINED HEREIN. © Copyright 1987-1989, 2003 Hewlett-Packard Development Company, L.P. Reproduction, adaptation, or translation of this manual is prohibited without prior written permission of Hewlett-Packard Company, except as allowed under the copyright laws. Hewlett-Packard Company 4995 Murphy Canyon Rd, Suite 301 San Diego, CA 92123 Printing History Edition 2 January 2004 File name : 17bii+_English(MP02-2)-040917(Print) Print data : 2004/10/28 Welcome to the hp 17bII+ The hp 17bII+ is part of Hewlett-Packard’s new generation of calculators: The two-line display has space for messages, prompts, and labels. Menus and messages show you options and guide you through problems. Built-in applications solve these business and financial tasks: Time Value of Money. For loans, savings, leasing, and amortization. Interest Conversions. Between nominal and effective rates. Cash Flows. Discounted cash flows for calculating net present value and internal rate of return. Bonds. Price or yield on any date. Annual or semi-annual coupons; 30/360 or actual/actual calendar. Depreciation. Using methods of straight line, declining balance, sum-of-the-years’ digits, and accelerated cost recovery system. Business Percentages. Percent change, percent total, markup. Currency Exchange. Exchange calculations between two currencies. Statistics. Mean, correlation coefficient, linear estimates, and other statistical calculations. Clock. Time, date, and appointments. Use the Solver for problems that aren’t built in: type an equation and then solve for any unknown value. It’s easier than programming! There are 28K bytes of memory to store data, lists, and equations. You can print information using the hp 82240 Infrared Printer. You can choose either ALG (Algebraic) or RPN (Reverse Polish Notation) entry logic for your calculations. Welcome to the hp17bII+ 3 File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 Contents 13 List of Examples 16 Important Information 1 17 Getting Started 17 Power On and Off; Continuous Memory 17 Adjusting the Display Contrast 18 Setting the Language 18 What You See in the Display 19 The Shift Key (@) 19 Backspacing and Clearing 21 Doing Arithmetic 22 Keying in Negative Numbers (&) 22 Using the Menu Keys 23 The MAIN Menu 25 Choosing Menus and Reading Menu Maps 27 Calculations Using Menus 28 Exiting Menus (e) 28 Clearing Values in Menus 29 Solving Your Own Equations (SOLVE) 30 Typing Words and Characters: the ALPHAbetic Menu 31 Editing ALPHAbetic Text 32 Calculating the Answer (CALC) 34 Controlling the Display Format 34 Decimal Places 34 Internal Precision 34 Temporarily SHOWing ALL 35 Rounding a Number 35 Exchanging Periods and Commas in Numbers 4 Contents File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 36 Error Messages 36 Modes 37 Calculator Memory (@M) 2 38 Arithmetic 38 The Calculator Line 38 Doing Calculations 39 Using Parentheses in Calculations 40 The Percent Key 40 The Mathematical Functions 41 The Power Function (Exponentiation) 42 The MATH Menu 43 Saving and Reusing Numbers 43 The History Stack of Numbers 44 Reusing the Last Result (@L) 45 Storing and Recalling Numbers 46 Doing Arithmetic Inside Registers and Variables 47 Scientific Notation 48 Range of Numbers 3 49 Percentage Calculations in Business 50 Using the BUS Menus 50 Examples Using the BUS Menus 50 Percent Change (%CHG) 51 Percent of Total (%TOTL) 52 Markup as a Percent of Cost (MU%C) 52 Markup as a Percent of Price (MU%P) 53 Sharing Variables Between Menus 4 54 Currency Exchange Calculation 54 The CURRX Menu 55 Selecting a Set of Currencies 57 Entering a Rate Contents 5 File name : 17bii+_English(MP02-1)-040308(Print) Print data : 2004/4/1 59 Converting between Two Currencies 59 Storing and Recalling Sets of Currencies 60 Clearing the Currency Variables 5 61 Time Value of Money 61 The TVM Menu 64 Cash Flow Diagrams and Signs of Numbers 66 Using the TVM Menu 67 Loan Calculations 71 Savings Calculations 74 Leasing Calculations 77 Amortization (AMRT) 78 Displaying an Amortization Schedule 82 Printing an Amortization Table 6 84 Interest Rate Conversions 85 The ICNV Menu 85 Converting Interest Rates 87 Compounding Periods Different from Payment Periods 7 91 Cash Flow Calculations 91 The CFLO Menu 92 Cash Flow Diagrams and Signs of Numbers 94 Creating a Cash-Flow List 95 Entering Cash Flows 97 Viewing and Correcting the List 98 Copying a Number from a List to the Calculator Line 98 Naming and Renaming a Cash-Flow List 99 Starting or GETting Another List 99 Clearing a Cash-Flow List and Its Name 100 Cash-Flow Calculations: IRR, NPV, NUS, NFV 107 Doing Other Calculations with CFLO Data 6 Contents File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 8 108 Bonds 108 The BOND Menu 110 Doing Bond Calculations 9 114 Depreciation 114 The DEPRC Menu 116 Doing Depreciation Calculations 116 DB, SOYD, and SL Methods 118 The ACRS Method 119 Partial-Year Depreciation 10 121 Running Total and Statistics 122 The SUM Menu 123 Creating a SUM List 123 Entering Numbers and Viewing the TOTAL 124 Viewing and Correcting the List 126 Copying a Number from a List to the Calculator Line 126 Naming and Renaming a SUM List 127 Starting or GETting Another List 127 Clearing a SUM List and Its Name 127 Doing Statistical Calculations (CALC) 128 Calculations with One Variable 130 Calculations with Two Variables (FRCST) 133 Curve Fitting and Forecasting 138 Weighted Mean and Grouped Standard Deviation 139 Summation Statistics 140 Doing Other Calculations with SUM Data 11 141 Time, Appointments, and Date Arithmetic 141 Viewing the Time and Date Contents 7 File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 142 The Time Menu 143 Setting the Time and Date (SET) 144 Changing the Time and Date Formats (SET) 144 Adjusting the Clock Setting (ADJST) 145 Appointments (APPT) 145 Viewing or Setting an Appointment (APT1-APT10) 147 Acknowledging an Appointment 148 Unacknowledged Appointments 148 Clearing Appointments 149 Date Arithmetic (CALC) 150 Determining the Day of the Week for Any Date 150 Calculating the Number of Days between Dates 151 Calculating Past or Future Dates 12 153 The Equation Solver 153 Solver Example : Sales Forecasts 156 The SOLVE Menu 157 Entering Equations 158 Calculating Using Solver Menus (CALC) 161 Editing an Equation (EDIT) 161 Naming an Equation 162 Finding an Equation in the Solver List 162 Shared Variables 162 Clearing Variables 163 Deleting Variables and Equations 164 Deleting One Equation or Its Variables (DELET) 164 Deleting All Equations or All Variables in the Solver (@c) 164 Writing Equations 166 What Can Appear in an Equation 168 Solver Functions 174 Conditional Expressions with IF 176 The Summation Function (∑) 177 Accessing CFLO and SUM Lists from the Solver 178 Creating Menus for Multiple Equations (S Function) 8 Contents File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 179 How the Solver Works 180 Halting and Restarting the Numerical Search 181 Entering Guesses 13 184 Printing 185 The Printer’s Power Source 185 Double-Space Printing 185 Printing the Display(P) 186 Printing Other Information (@p) 186 Printing Variables, Lists, and Appointments (LIST) 188 Printing Descriptive Messages (MSG) 188 Trace Printing (TRACE) 189 How to Interrupt the Printer 14 190 Additional Examples 190 Loans 190 Simple Annual Interest 191 Yield of a Discounted (or Premium) Mortgage 193 Annual Percentage Rate for a Loan with Fees 195 Loan with an Odd (Partial) First Period 197 Canadian Mortgages 199 Advance Payments (Leasing) 200 Savings 200 Value of a Fund with Regular Withdrawals 202 Deposits Needed for a Child’s College Account 206 Value of a Tax-Free Account 208 Value of a Taxable Retirement Account 209 Modified Internal Rate of Return 213 Price of an Insurance Policy 215 Bonds 216 Discounted Notes 217 Statistics 217 Moving Average 219 Chi-Squared (χ2) Statistics Contents 9 File name : English-M02-1-040308(Print).doc Print data : 2004/3/9 200 Valeur d'un fonds avec retraits réguliers 202 Dépôts nécessaires pour une épargne d'étude 205 Valeur d'un compte exonéré d'impôt 207 Valeur d'un compte non exonéré 208 Taux de rendement interne modifié 211 Prix d'un contrat d'assurance 213 Obligations 215 Rachat d'effet 216 Statistiques 216 Moyenne mobile 218 Chi-carré (χ2) Statistiques A 221 Assistance, piles, mémoire et maintenance 221 Demande d'aide pendant l'utilisation du calculateur 221 Réponses aux questions fréquemment posées 223 Alimentation et piles 224 Témoin de faible charge 224 Installation des piles 226 Gestion de la mémoire du calculateur 227 Réinstallation du calculateur 228 Effacement de la mémoire permanente 229 Précision d'horloge 229 Environnement 229 Votre calculateur doit-il être envoyé au service après- vente 230 Vérification du fonctionnement du calculateur : Test automatique 231 Garantie 234 Informations 236 Information sur la réglementation 237 Déclaration