Page 1
10BII financial calculator user’s guide Edition 1 HP part number F1902-90001...
Page 2
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 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.
Page 3
Welcome to the HP 10BII Hewlett-Packard Quality Welcome to the HP 10BII...
Understanding the Display and Keyboard Cursor Clearing the Calculator Clearing Messages. Clearing Memory Keys Description All Clear 1: Getting Started 25...
Page 26
Annunciators Annunciator SHIFT STATS PEND BEGIN INPUT AMOR T PRIN FLOW ERROR 26 1: Getting Started Status...
Page 27
Annunciator FULL STAT FUNC STAT Shift Key Statistics Key Status (Continued) ERROR SHIFT STATS SHIFT STATS 1: Getting Started 27...
Page 31
Displaying the Full Precision of Numbers Keys: Interchanging the Period and Comma Display: 1.43 142857142857 Description: 1: Getting Started 31...
Page 39
Using the M Register Keys Example. Keys: 64.00 Description Display: 17.00 14.25 16.95 –4.65 43.55 3: Number Storage and Arithmetic 39 Description:...
Page 40
Using Numbered Registers Keys: 40 3: Number Storage and Arithmetic 475.6 560.1 475.6 ------------ - -------------------------------- - 39.15 39.15 Display: 475.60 39.15 12.15 475.60 39.15 26.45 Description:...
Page 41
Doing Arithmetic Inside Registers Keys Example. Keys: New Number in Register Display: 45.70 2.50 114.25 3: Number Storage and Arithmetic 41 Description:...
Power Operator Example. Keys: Using Parentheses in Calculations Display: 1,953,125.00 5.00 --------------------- - – 3: Number Storage and Arithmetic 43 Description:...
Page 44
Keys: Display: Description: 85.00 73.00 0.41 3.70 44 3: Number Storage and Arithmetic...
Begin and End Modes BEGIN Loan Calculations Example: A Car Loan. Part 1. × BEGIN 5: Time Value of Money Calculations 55...
Page 56
Keys: Part 2. Part 3. 56 5: Time Value of Money Calculations Display: 12.00 36.00 10.50 13,000.00 0.00 –422.53 –372.53 2.03 10.50 –375.00 11,537.59 13,037.59 Description:...
Page 57
Example: A Home Mortgage. × BEGIN Keys: Display: Description: 12.00 360.00 0.00 7.50 –930.00 133,006.39 145,006.39 5: Time Value of Money Calculations 57...
Page 58
Example: A Mortgage With a Balloon Payment. Step 1. Keys: 58 5: Time Value of Money Calculations × BEGIN Display: 12.00 300.00 0.00 172,500.00 8.80 –1,424.06 Description:...
Page 59
Step 2. × Keys: Display: Description: –1,424.06 48.00 –163,388.39 –164,812.45 5: Time Value of Money Calculations 59...
Interest Rate Conversions Investments With Different Compounding Periods Example: Comparing Investments. 72 5: Time Value of Money Calculations...
Page 73
First Bank Keys: Second Bank Third Bank Compounding and Payment Periods Differ Display: 6.70 4.00 6.87 6.65 12.00 6.86 6.63 360.00 6.85 5: Time Value of Money Calculations 73 Description:...
Page 74
Example: Monthly Payments, Daily Compounding. Step 1. Keys: Step 2. 74 5: Time Value of Money Calculations Display: Description: 5.00 365.00 5.13 12.00 5.01 0.00 –25.00 84.00 2,519.61...
Entering Statistical Data One-Variable Statistics Two-Variable Statistics and Weighted Mean If statistical data causes the value of a register to exceed 9.99999999999 × 10 , the HP 10BII displays a temporary overflow warning (OFLO). 86 7: Statistical Calculations...
Correcting Statistical Data Correcting One-Variable Data Correcting Two-Variable Data Summary of Statistical Calculations STAT Keys Description to Display 7: Statistical Calculations 87...
Page 88
Keys Description to Display Keys Description Mean, Standard Deviations, and Summation Statistics 88 7: Statistical Calculations...
Step 3. Keys: Annual Percentage Rate for a Loan With Fees Example: APR for a Loan With Fees. Keys: Display: 18.00 –79,000.00 20.72 BEGIN Display: 12.00 8.50 360.00 160,000.00 Description: Description: 8: Additional Examples 101...
Page 103
Loan With a Partial (Odd) First Period Example. Keys: BEGIN Display: 12.00 15.00 1.25 0.67 30.00 4,530.00 Description: 8: Additional Examples 103...
Page 115
Net Future Value Example: Value of a Fund. Keys: BEGIN Display: 12.00 –12,000.00 0.00 2.00 –3,000.00 3.00 9.00 –7,500.00 3.00 Description: 8: Additional Examples 115...
Power and Batteries Low Power Annunciator All Clear Battery Specifications Installing Batteries Accessing the battery compartment A: Assistance, Batteries, and Service 119...
Page 120
Warning 120 A: Assistance, Batteries, and Service...
Determining if the Calculator Requires Service The calculator won’t turn on (nothing is in the display): All Clear Resetting the calculator Erasing the calculator’s memory The calculator doesn’t respond to keystrokes (nothing happens when you press the keys): All Clear...
The calculator responds to keystrokes but you suspect that it is malfunctioning: Limited One-Year Warranty What Is Covered What Is Not Covered 122 A: Assistance, Batteries, and Service...
Consumer Transactions in the United Kingdom If the Calculator Requires Service Obtaining Service n In the United States: n In Europe: n In other countries: A: Assistance, Batteries, and Service 123...
Service Agreements Regulatory Information U.S.A. Canada A: Assistance, Batteries, and Service 125...
Page 126
Replacement products may be either new or like-new. 2. HP warrants to you that HP software will not fail to execute its programming instructions after the date of purchase, for the period specified above, due to defects in material and workmanship when properly installed and used.
Page 127
HP will replace software media which does not execute its programming instructions due to such defects. 3. HP does not warrant that the operation of HP products will be uninterrupted or error free. If HP is unable, within a reasonable...
Page 129
More About Calculations IRR/YR Calculations Possible Outcomes of Calculating IRR/YR n Case 1. n Case 2. n Case 3. n Case 4. Pos Irr Also Not Found B: More About Calculations 129...
Page 130
n Case 5. Halting and Restarting IRR/YR Entering a Guess for IRR/YR 130 B: More About Calculations No Solution Interrupted...