HP (Hewlett-Packard) HP 17bII+ Bedienungsanleitung

File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 HP 17bII+ Financial Calculator Owner ’s Manual Edition 1 Part Number F2234-90020[...]

File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Notice For warranty and regulatory information for this calculator, see the owner’s manual. This manual and any examples co ntained herein are provided “ as is ” and are subject to change without notice. Hewlett-Packar d Company makes no warranty of any kind with regard to t[...]

Welcome to the hp17bII+ 3 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Welcome to the HP 17bII+ The HP 17bII+ is part of Hewlett-Packard ’s new generation of calculator s: ! The two-line display has space f or messages, pr ompts, and labels . ! Menu s and messages sh o w you opti ons and guide y ou through pr oblems. ! Bui[...]

4 Contents File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Contents 13 List o f Exampl es 16 Impor tant Infor mation 1 17 G et ting Star ted 17 P ow er On and Off; Continuou s Memor y 17 Adjustin g the Displ ay Contrast 18 Set ting the Language 18 What Y ou See in the Dis pla y 19 Th e S h if t Ke y ( @ ) 19 Backspac ing and Cl[...]

Contents 5 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 36 Err or Messages 36 Modes 37 Calcula tor M emor y ( @M ) 2 38 Arit hm etic 38 The Ca lcu la to r Li n e 38 Doing C alculati ons 40 Using P arentheses in Calculations 40 Th e Percen t Key 40 The Mathemati cal Func tions 41 The P ow er F uncti on (Exponentiation) 42 The[...]

6 Contents File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 59 Con verting between T w o Cur renc ies 59 Stor ing and Recalling Sets o f Curr enc ies 60 Clear ing the Curr ency V ari ables 5 61 Tim e Value of M on ey 61 Th e T VM M enu 64 Cash F low Di agrams and Signs of N umbers 66 Using the TVM Menu 67 Loan Calc ulations 71 S[...]

Contents 7 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 8 108 Bonds 108 Th e B ON D M en u 110 Doing Bond Calc ulations 9 114 Deprec iation 114 Th e D E PRC M enu 116 Doing Depr eci ation C alc ul atio ns 116 DB, S O YD, and SL Methods 118 The ACRS Met h od 119 P ar tial - Y ea r De preciation 10 121 Running Total and Statis[...]

8 Contents File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 142 The Ti me M enu 143 Set ting the T ime and D ate (SET) 144 Changing the T ime and D ate F ormats (SE T) 144 Adjusting the Clock Set ting (ADJS T) 145 Appointments ( APPT) 145 Vie wing o r Setting an Appo intment (APT 1-APT10) 147 Acknow l edg ing a n Appoi ntme nt 1[...]

Contents 9 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 179 How the S olv er W orks 180 Halting and Res tarting the Numeri cal Sear ch 181 Enter ing Guesses 13 184 Printing 185 The Pr inte r’s P o wer S ource 185 Double -Space Pr inting 185 Printing the Displa y( P ) 186 Printing Other Info rmati on ( @p ) 186 Printing V a[...]

10 Contents File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 A 222 Assistance, B at ter ies, M emor y, a nd Ser vice 222 Obtaining Help in Oper ating the Calc ulator 222 Answ ers to Common Questi ons 224 P ow er and Bat ter ie s 224 Lo w-P ow er Indicatio ns 225 Installing Batter ies 227 Managing Calc ulator Memory 228 Re se t t[...]

Contents 11 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 248 Cash-F low C alculati ons 215 Bond Calc ulations 250 Deprec iation Ca lc u latio ns 251 Sum and Statistic s 251 Fo re c a s t i n g 252 E quations Used in (C hapter 14) 252 Canadian Mortgages 253 Odd-P eri od Calc u lations 253 Adv a nce P ayments 253 Modified Inte[...]

12 Contents File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 273 Reus i ng Nu m be rs 27 4 Ch ain Calculat ions 275 Ex erc ises F 27 6 RPN: Sel ec ted Exampl es 283 E rror Messa g es 289 Ind ex[...]

List of Examples 13 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 List of Examples The following list groups the examples by category. Ge tti n g St a r t e d 25 Usi ng Me nus 29 Us in g t he Solver Arit hm etic 40 Calc ulating Simple Inter est 17 8 Unit Con ver si ons 190 Simple Interes t at an Annual Rate (RPN e xam ple on [...]

14 List of Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 72 An Indi vidual R etir ement Account 74 Calc ulating a Lease P ay ment 75 Pres ent V alue of a L ease w ith Ad vanced P a y ments and Option to Buy 80 Display ing an Amortiz ation Sc hedule for a Home Mortgage 82 Prin ting an Amorti zati on Schedule 172 Calc [...]

List of Examples 15 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Bonds and Notes 111 Pri ce and Yi eld of a Bond 112 A Bond w ith a Call F eatur e 113 A Z ero-Coupon Bond 215 Y ield to Maturity and Y ield to Call 217 Pri ce and Yi eld of a Discounted Note Deprec iation 117 Dec lining-Balance Depr eci ation 118 AC RS D e d u [...]

16 Important Information File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Important Information ! T ake the time to r ead chapter 1. I t gi v es y ou an o v erv ie w of ho w th e calc u lator w orks, and intr oduces terms and concepts that ar e used thr oughout the manual . After reading c hapter 1, y ou’ll be read y to start [...]

1: Getting Started 17 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1 Getting Started Watch for this symbol in the margin. It identifies examples or keystrokes that are shown in ALG mode and must be performed differently in RPN mo de. Appendixes D, E, and F explain how to use your calculator in RPN mode. The mode affects only[...]

18 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Set ting t h e Langu ag e The calculator can display informatio n in six different languages. The language initially used by the calcul ator was preset at the factory. To change the language: 1. Pr ess the @ > . 2. Pres s ! to displa y the INTL menu , whi [...]

1: Getting Started 19 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e S hift Key ( @ ) Some keys have a second, shifted function printed in color above the key. The colored shift key accesses these operations. For example, pressing and releasing @ , then pressing C turns the calculator of f. This is written @o . Pressing @[...]

20 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 1-2. Keys for Clearing Key Description < Backspace; erases the char acter before the cursor. C Clear; clears the calculator line. (When the calculator is off, this key turns the calculator on, but witho ut clearing anything.) @c This clears all infor[...]

1: Getting Started 21 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 D oing Ar it hm etic The “ v ” in the margin is a reminder that the example keystrokes are for ALG mode. This is a brief introduction to doing arithmetic. Mor e information on arithmetic is in chapter 2. Remember that you can erase e rrors by pressing <[...]

22 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 65 +( 12 / 3.5 )= " '*&+%" Use parentheses to impose an order of calculation. Keying in N eg ati ve Numbers ( & ) The & key changes the sign of a number. ! T o k ey in a negati ve number , type that number , then pr ess & . ! T [...]

1: Getting Started 23 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 () () Men u K e y s Men u La bels The top row of keys is related to the labels along the bottom of the display. The labels tell you what the keys do. The six keys are called menu keys ; the labels are called menu labels . Th e MAI N M enu The MAIN menu is a s[...]

24 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 1-3. The MAIN Menu Menu Label Operations Done in This Category Covered in: TVM: Time value of money: loans, savings, leasing, amortization. Chapter 5 ICNV: Interest conversions. Chapter 6 CFLO: Lists of cash flows fo r internal rate of return and net pr[...]

1: Getting Started 25 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 C hoo sing M enus and Re ading M enu M aps Below is a menu m ap illustrating one possible path through three levels of menus: from the MAIN menu to the BUS menu to the MU%C ( ma rkup as a percent of cost ) menu. There are no menus that branch f r om t he MU%C[...]

26 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 index and e xamine the me nu maps in appendi x C. Displaying the MU%C menu: Ste p 2. T o display the MAIN men u, pr ess @A . This ste p lets you start from a kno wn location on the menu map . Ste p 3 . Pr ess # to display the B US menu . Ste p 4 . Pr ess ( to[...]

1: Getting Started 27 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Calc ulations Usi ng M enus Using menus to do calculations is ea sy. You don’t have to remember in what order to enter numbers and in what order results come back. Instead, the menus guide you, as in the previous exa mple. All the keys you need are together[...]

28 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Many menus in this calculator work like the example above. The rules for using variables are: ! To s t o r e a v a l ue , ke y in the number and press the men u k e y . ∗ † Ar ithmetic calc ulations , as well as single values , can be stor ed. ! T o calc [...]

1: Getting Started 29 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ! If the c urr ent menu has a li st (S UM, CF L O , or Solv er), pressing @c clear s the v alues in the list . To see what value is currently stored in a variable, press R menu label . Solv ing Y our Ow n Equations (S OL VE) This chapter has introduced some o[...]

30 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 T y ping Words and C har ac ters: t h e ALPHAbetic M enu The ALPHAbetic menu is automatically displayed when you need it to type letters and characters. The ALPHA menu also includes characters not found on the keyboard: ! Upper case letters. ! Space . ! P unc[...]

1: Getting Started 31 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys Characters @A " & / " 0 1 5 " 2 . 3 4 5?" 2 5 , 6 5?@A" * 7 8 * 5?@AB9B" 2 9 /9= 5?@AB9BCD,8" , : 0 ; 5?@AB9BCD,87E" < = < > 5?@AB9BCD,87EF:" I 5?@AB9BCD,87EF:" Note that the ? is just a char[...]

32 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 1-4. Alphabetic Editing Operation Label or Key to Press ALPHA-Edit Menu Inserts character before the cursor. Any character. Deletes character at the cursor. ? ! Moves the cursor far left, one display-width. @ Moves the cursor left. A Moves the cursor ri[...]

1: Getting Started 33 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Calculate the cost of carpet needed to cover a 9’ by 12’ room. The carpet costs $22.50 per square yard. Starting from the MAIN menu (press @A ): Keys: Display: Description: & 5?@AB9BCD,87EF:" Displays the SOLVE men u and the current equation. * E[...]

34 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Controlling t h e Display F or mat The DSP menu (press D ) gives you options for formatting number s. You can pick the number of decimal places to be displayed, and whether to use a comma or a period to “p unctuate” your numbers. Dec imal Places To change[...]

1: Getting Started 35 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Rounding a Number The @r function rounds the number in the calculator lin e to the number of displayed decimal places . Subsequent cal culations use the rounded value. Starting with two disp layed decimal places: Keys: Display: Description: 5.787 .&-*-!&q[...]

36 1: Getting Started File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Err or M es sag es Sometimes the calculator cannot do wh a t y o u “ a s k ” , s u ch a s w h e n y o u press the wrong key or forget a number for a calculation. To help you correct the situation, the calculator beeps and displays a message. ! Pr ess C or[...]

1: Getting Started 37 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Language. Press @> ! to change the language. Calc ula to r M emor y ( @M ) The calculator stores many different types of information in its memory. Each piece of information requires a certain amount of storage space. * You can monitor the amount of availa[...]

38 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 2 Arithmetic If you prefer RPN to algebraic logi c, please read appendix D before you read this chapter. The “ v “ in the margin is a reminder that the example keystrokes are for ALG mode. Th e Calc ulat or L in e The calculator line is the part of the display[...]

2: Arithmetic 39 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 In the second case, the / key acts like the = key by displaying the result of 750 x 12. Here’s a longer chain calculation. 456 - 75 68 18.5 1.9 × This calculation can be written as: 456 − 75 ÷ 18.5 x 68 ÷ 1.9. Watch what happens in the display as you key it[...]

40 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Note that you must include a * for multiplication; parentheses do not imply multiplication. Th e P erc en t Ke y The % key has two functions: Finding a Percentage. In m ost cases, % divides a number by 100. The one exception is when a plus or minus sign precedes t[...]

2: Arithmetic 41 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 2-1. Shifted Math Functions Key Description @t reciprocal @v square root @w square Keys: Display: Description: 4 @t (&$." Reciprocal of 4. 20 @v +&+-" Calculates 20 . + 47.2 * .#&'-B" Calculates 4.47 + 47.20. 1.1 @w .#&&ap[...]

42 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e MATH M enu To display the MATH menu, press @m (the shifted % key). Like the other mathematics functions, these fu nctions operate on only the last number in the display. Table 2-2. The MATH Menu Labels Menu Label Description H ! Common (base 10) logarithm of [...]

2: Arithmetic 43 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Sav ing and Reusing Numbers Sometimes you might want to include th e result of a previous calculation in a new calculation. There are several ways to reuse numbers. Th e Hist or y S tac k o f Numbers When you start a new operation, the p revious result moves out o[...]

44 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Pressing @c clears the history stack. Be careful if a menu is active, because then c also erases the data associated with that menu. Keys: Display: Description: 75.55 - 32.63 = " +$&,$" 150 / 7 = $#&+%" 42.92 moves out of display. Now, suppo[...]

2: Arithmetic 45 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 An equivalent keystroke sequence for this problem wo uld be: 39 + 8 / ( 123 + 17 ) @v = S tor ing and R ecalling Numbers The s key copies a number from the calculator line into a designated storage area, called a storage regist er . There are ten storage registers[...]

46 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The s and R ke y s c a n a l s o b e u s e d wi th variables. For example, s + (in the MU%C menu) stor es the rightmost number from the display into the variable M%C . R + copies the contents of M%C into the calculator line. If ther e is an expression in the displ[...]

2: Arithmetic 47 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Y o u c a n a l s o d o a r i t h m e t i c w i t h t h e v a l u e s s t o r e d i n v a r i a b l e s . F o r example, 2 s* + (in the MU%C menu) multiplies the current contents of M%C by 2 and stores the product in M%C . Sc ientif ic Notatio n S c i e n t i f i [...]

48 2: Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Rang e of Number s The largest positive and negative numbers available on the calculator are ± 9.99999999999 x 10 499 ; the smallest positive and negative numbers available are ± 1 x 10 –499 .[...]

3: Percentage Calculations in Busines s 49 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 3 Percentage Calculations in Business The business pe rcentages (BUS) menu is used to solve four types of problems. Each type of problem has its own menu. FIN %CHG BUS %T O TL SU M MU %C TIME MU %P SOL V E C UR R X Table 3-1. The Business[...]

50 3: Percentage Calculations in Business File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The calculator retains the values of the BUS variables until you clear them by pressing @c . For example, pressing @c while in the %CHG menu clears OLD , NEW , and %CH . To see what value is currently stored in a variable, press R menu lab[...]

3: Percentage Calculations in Busines s 51 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 90000 M E9A8,(K(((&(( " Stores 90,000 i n OLD . 95000 / <HC8,.K(((&((" Stores 95,000 in NEW . N ! 67M1<=H8.&.'" Calculates percent change. W h a t w o u l d t h i s y e a r ’ s s a l e s h a v e t o[...]

52 3: Percentage Calculations in Business File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 M ar kup as a Percent o f Cost (MU%C) Example. The standard markup on costum e jewelry at Balkis’s Boutique is 60%. The boutique just received a shipment of chokers cos ting $19.00 each. What is the retail price per choker ? Keys: Displa[...]

3: Percentage Calculations in Busines s 53 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Sharing Variabl es B et ween M enus If you compare the MU%C menu and the MU%P menus, you’ll see that they have two menu labels in common –– ) and * . COST COST Sh ared v a riab le s %CHG PRI CE PRI CE %T O TL M%C M%P MU% C MU% P The[...]

54 4: Currency Exchange Calculation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 4 Currency Exchan ge Calculations The CURRX menu does currency exchange calculations betwe en two currencies using an exchange rate that you calculate or store. Th e CURR X M en u BUS FIN SU M TIME SOL V E CURRX SEL CT US$ EU R R A TE C.S T O C.[...]

4: Currency Exchange Calculation 55 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 4–1. The CURRX Menu Menu Key Description Curr1 Current currency#1 ;stores or calculates the number of units of this currency Curr2 Currency currency#2 ;stores or calculates the number of units of this currency 7 # Stores or calculates th[...]

56 4: Currency Exchange Calculation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 4–2. Currencies ; # < ## = # > " United States of America (Dollars) Austria, Belgium, Germany, Spain, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Vatican City (EURO) Canada (Dollars) United King[...]

4: Currency Exchange Calculation 57 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Entering a R ate The following two examples illustrate the two ways to enter an exchange rate. Example: Calculating an Exchange Rate. You have just flown from Canada to United States, and you need to exchange your Canadian Dollars for U.S Dollar[...]

58 4: Currency Exchange Calculation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 0.6584 ; 4FN8(&''" Stores equivalent number of US$ 7 21:H8(&''" Calculates the RATE . Part 2: The following keystrokes show that you can revers e the order in which the two currencies are selected. Keys: Dis[...]

4: Currency Exchange Calculation 59 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Conv er ting B et w een T w o Curr enc ies Once the currencies are selected and a RATE has been entered, you can convert any number of units of one curren cy to the other. Example : Converting betw een Hong Kong and U.S Dollars. Part 1: Use the [...]

60 4: Currency Exchange Calculation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Recalling Sets of Currencies. To recall a stored set of currencies and their exchange rate, press 9 , followed by the appropriate menu key. The HP 17bII+ automatically returns to the CURRX menu. The equivalency message and menu labels s how the [...]

5: Time Value of Money 61 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 5 Time Value of Money The phrase time value of money describes calculatio ns based on money earning interest over a period of time. The TVM menu performs compound-interest calculations and calculates (and prints) amortization schedules. ! In compound inte[...]

62 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The time value of money (TVM) me nu does many compound-interest calculations. Specifically, you can use the TVM menu for a ser ies of cash flows (money received or money paid) when: ! The do llar amount is the sa me for eac h pay ment . * ! The pa yments [...]

5: Time Value of Money 63 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 5-1. TVM Menu Labels Menu Label D e s c r i p t i o n First Level S ! Stores (or calculates) the total number of payments or compounding periods. *† (For a 30-year loan with monthly payments, N ＝ 12 x 30 ＝ 360.) @ T Shortcut for N: Multiplies [...]

64 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 5-1. TVM Menu Labels (Continued) Menu Label Description Second Level (Continued) Z ! Sets Begin mode : payments occur at the beginning of each period. Typical for savings plans and leasing. (The Begin and End modes do not matter if PMT ＝ 0.) [ Set[...]

5: Time Value of Money 65 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 (receipts) as positive . Perform a calculation from the point of vi ew of either the lender (investor) or the borrower, but not both! 12 345 PM T E q ual p eriods E q ual p a y ments (FV i s Fut ure V a l u e, if a n y ; e. g . a ba lloo n p a y ment ) Mo[...]

66 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Payments occur at either the beginning of each period or the end of each period. End mode is shown in th e last two figures; Begin mode is shown in the next figure. 1234 5 Ca p it al i z ed va lu e of lease Figure 5-5. Lease Payments Made at the Beginning[...]

5: Time Value of Money 67 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 4. Stor e the values y ou kno w . (Enter each n umber and pres s its menu key . ) 5. T o calculate a v alue, pr ess the appr opriate men u k ey . You must give every variable ― exc ept the one you will calculate ― a value, even if that value is zero. [...]

68 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " ] " Displays TVM menu. @c #$ 5?@2 H<A 0EAH" Clears history stack and TVM variables. . @c e " " #$ 5?@2 H<A 0EAH" If needed: sets 12 payment periods per year; End mode. 3 * 12 T " <8[...]

5: Time Value of Money 69 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1 2 359 360 _ 630 ? 3 0 12 X 0 11.5 12 ; End mode Keys: Display: Description: " ] ! " Display TVM menu. @c #$ 5?@2 H<A 0EAH" Clears history stack and TVM variables. . @c e " #$ 5?@2 H<A 0EAH" If needed: sets 12 payment perio[...]

70 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 12 4 7 4 8 Balloon . 4 12 X 13 .8 12 ; En d mode 7 5 , 250 The problem is done in two steps: 1. Calc ulate the monthly pa yment w ithout the balloon ( FV =0). 2. Calc ulate the balloon pay m ent after 4 year s. Keys: Display: Description: " ] " [...]

5: Time Value of Money 71 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Step 2. Calculate the balloon payment after 4 years. 894.33 & W " 50:8/*,+&%%" Stores rounded PMT value for exact payment amount (no fractional cents). * 4 @ T <8+*&((" Figures and stores number of payments in 4 years. X 5O8/[...]

72 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " ] " Displays TVM menu. @c #$ 5?@2 H<A 0EAH" Clears history stack and TVM variables. . 1 Y e " " #"5?@2 H<A"0EAH" Sets one compounding per./yr. (one interest pmt./yr.). Payment mod[...]

5: Time Value of Money 73 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1 2 35 9 360 _ 80 _ 2,0 0 0 4 / 1 5 / 2 0 1 8 4 / 1 5 / 2 0 0 3 8.3 2 12; End mode X 15 12 2 X X Keys: Display: Description: " ] " Displays TVM menu. It is not necessary to clear data because you do not need to set any of the values to zero. . 2[...]

74 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Leasing Calc ulations Two common leasing calculations are 1) finding t he lease payment necessary to achieve a specified yield, and 2) finding the present value (capitalized value) of a lease. Leasing calculations typically use “advance payments”. For[...]

5: Time Value of Money 75 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 14 U ;6@28#+&((" Stores annual interest rate. 13500 & V " 5O8/#%K.((&((" Stores car’s value in PV . (Money paid out by lessor.) 7500 X GO8-K.((&((" Stores purchase opti on value in FV . (Money received by lessor.) W 5[...]

76 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " ] " Displays TVM menu. @c #$ 5?@2 H<A 0EAH" Clears history stack and TVM variables. . 12 Y Z e " " #$ 5?@2 JH=;<" 0EAH" Sets 12 payment periods per year; Begin mode. Step 1: Find the p[...]

5: Time Value of Money 77 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 V 5O8-K%+(&+%" Calculates present value of the buy option. Step 4: Add the results of step 2 and 3. +R 0 = ,#K+-'&((" Calculates present, capitalized value of lease. Amor ti za tion ( AMR T) The AMRT menu (press ] . ) d i s p l a [...]

78 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 5-2. AMRT Menu Labels Menu Label Description ^ Stores the number of payments to be amortized, and calculates an amortization schedule for that many payments. Successive schedule s start where the last sche dule le ft of f. #P c an be an integ er fro[...]

5: Time Value of Money 79 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 2. S tore the v alues f or I%YR , PV , and PM T . (Pr ess & to make PM T a negati v e number .) If y ou need to calc ulate one of these v alues, fo llo w the instru cti ons under “Using the TVM Menu , ” on page 6 6. Then go on to step 3 . 3. Pr es[...]

80 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Ne xt set of p a y men ts auth ori z e d succ essi ve b. T o calculate a subseq uent schedule w ith a differ ent numb er of pay ments, k ey in that number and pr ess ^ . c. T o start ov er fr om pay ment #1 (using the same loan inf ormation), pr ess @c an[...]

5: Time Value of Money 81 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 payments, but does not display it. _ ;<:H2HF:8/*K##%&#'" Displays interest paid in first year. ` 52;<7;5198/$##&+*" Displays principal paid in first year. a J191<7H8'+K-**&.$" Displays balance at end of first [...]

82 5: Time Value of Money File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 6. Pr ess Ignor e the mess age 3H@ P50:FQ 52HFF RP5S . 7 . Pr ess c . 8. K e y in the pay ment number of the f irst pa yment in the sc hedule and pr ess d . (F or instance , for the v ery firs t pay ment, FIR ST = 1.) 9. K ey in the pa yment number o f [...]

5: Time Value of Money 83 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 (1 year). g " Calculates and prints amortization schedule shown below. ;6@28" #$&.(" 5O8" '.K(((&((" 50:8" /',%&-$" GO8" (&((" 5?@28" #$&((" H<A 0EAH" " 50:F[...]

84 6: Interest Rate Conversions File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 6 Interest Rate Conversions The interest conversion (ICNV) me nu converts between nominal and effective interest rates. To compare investm ents with different compounding periods, their nominal interest rates are converted to effective interest rate[...]

6: Interest Rate Conversions 85 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e ICNV M enu FIN TVM NOM% NOM% PER BUS ICNV EFF% EFF% CO NT SU M CFL O P TIME BOND SOL V E DEP R C CURRX The ICNV menu converts between nomi nal and effective interest rates, using either: ! P e r i o d i c c o m p o u n d i n g ; f o r e x a m p[...]

86 6: Interest Rate Conversions File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To convert between a no minal annual interest rate and an effective annual interest rate that is compounded continuously : 1. Pr ess " h to get the interest co nv ersions me nu . 2. Pr ess l fo r “ co nti nuous” . 3. T o conv er t to the ef[...]

6: Interest Rate Conversions 87 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 4 1 58+&((" Stores number of compounding periods per year for bank #1. 6.7 j <E068'&-(" Stores nomin al annual interest rate for bank #1. k HGG68'&*-" Calculates effecti ve interest rate for bank #1. 12 1 58#$[...]

88 6: Interest Rate Conversions File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 interest rate in the TVM menu. (You c an also use TVM if PMT = 0, regardless of the compounding period s.) 1. C a l l u p t h e p e r i o d i c i n t e r e s t - r a t e c o n v e r s i o n m e n u ( " h i ). 2. Calc ulate the eff ectiv e annua[...]

6: Interest Rate Conversions 89 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 effective interest rate base d on your payment periods. Last, convert the effective rate to the nominal rate based on the bank’s compounding periods. Example: Balance of a Savings Acco unt. Starting today, you make monthly deposits of $25 into an [...]

90 6: Interest Rate Conversions File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 7 @ T 25 & W 0 V " " 5O8(&((" Stores 84 deposit periods, $25 per deposit, and no money before the first regular deposit. X GO8$K.#,&'#" Value of account in 7 years. If the interest rate were the unknown, you woul[...]

7: Cash Flow Calculations 91 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 7 Cash Flow Calculations The cash flow (CFLO) menu stores and analyzes cash flow s (money received or paid out) of uneq ual ( ungr ouped ) amounts that occur at regular intervals. * O n c e y o u ’ v e e n t e r e d t h e c a s h f l o w s i n t o a [...]

92 7: Cash Flow Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 7-1. CFLO Menu Labels Menu Label Description E Accesses the CALC menu to calculate TOTAL , IRR% , NPV , NUS , NFV . m ! Allows you to insert cash fl ows into a list. n ! Deletes cash flows from a list. o ! Allows you to name a list. p ! Allows yo[...]

7: Cash Flow Calculations 93 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 $200 $100 $300 $200 $0 $ _ 50 $ 250 $12 5 Time p eriod s Mon e y r ece i v ed is a p o sitiv e number Mon e y p aid o ut is a n e g ativ e nu mb er 12 345678 Figure 7-1. Cash Flows (Ungrouped) The horizontal timeline is divided into equal compounding p[...]

94 7: Cash Flow Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 12345678 9 $ _ 1 0 0 $ _ 1 0 0 $ _ 1 0 0 $ _ 1 0 0 $ _ 1 0 0 $ _ 2 0 0 $ _ 2 0 0 $ _ 2 0 0 Figure 7-2. Grouped Cash Flows After an initial payment of $100, th e investor pays $100 at the end of periods 1 through 5, and $200 at the end of periods 6 thro[...]

7: Cash Flow Calculations 95 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Entering Cash F low s To enter cash flows into a CFLO list: 1. Pr ess " r . Y ou w ill see e i ther G9ECL(T8U if the c urr ent list is empty , or G9ECL# or more T8U i f t h e l i s t i s n o t e m p t y . T h i s i s the bottom of the c urren t li[...]

96 7: Cash Flow Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 been automatically set to 1, and #&(( is display ed on the cal c u lator line . Do either a or b : a. T o re tain the v alue 1 and go on to the ne xt flow , pre ss I (or ] ). b. To ch a n g e #T IME S , ke y in the number and press I . * Given #TIM[...]

7: Cash Flow Calculations 97 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The #TIMES prompting is usually on , because i t is au tomati cally turne d on whenever you clear or get a cash-flow list. Example: Entering Cash F lows. Enter the following ungroup ed cash flows in a list and find the percentage internal rate of retur[...]

98 7: Cash Flow Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The [ and ] keys move up and down one number at a time. @[ and @] display the beginning and end of the list. Changing or Clearing a Number. To change a number after it’s been entered: display the number, key in the new value, and press I . Use this s[...]

7: Cash Flow Calculations 99 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The name can be up to 22 characte rs long and include any character except: ＋ － x ÷ ( ) < > : = space * But only the first three to five characters (d epending on letter widths) of the name are used for a menu label. Avoid names with the sam[...]

100 7: Cash Flow Calcul ations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To remove just one value at a time from a list, use n . Cash-Flo w Calc ulations: I RR, NPV , NU S, NFV Once you have entered a list of cash flows, you can calculate the following values in the CALC menu. ! Sum ( TOTA L ). ! Internal rate of return ([...]

7: Cash Flow Calculations 101 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 7-2. The CALC Menu for CFLO Lists Menu Label Description O Calculates the sum of the cash flows. t * ! Calculates the internal rate of return ― the interest (discount) rate at which th e net present value of the cash flows equals zero. u ! Sto[...]

102 7: Cash Flow Calcul ations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example: Calculating IRR and NPV of an Investment. An investor makes an initial investment of $80,00 0, and expects returns over the next five years as illustrated below. $ _ 80, 000 1 2345 5, 0 00 4, 50 0 5,500 4,00 0 115, 000 (Ini tia l flo w) Calc[...]

7: Cash Flow Calculations 103 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 assumed to occur just once. 80000 & I G9ECL#T8U" /*(K(((&((" Prompts for next cash flow. Calculator line shows last number entered. 5000 I G9ECL$T8U" Stores $5,000 for FLOW(1) , prompts for next flow. 4500 I G9ECL%T8U" Stor[...]

104 7: Cash Flow Calcul ations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 e E v <5O8$K-'$&+%" Calculates new NPV . Example: An Investment with Grouped Cash Flows. You are considering an investment that requires a cash outlay of $9,000, with the promise of monthly cash flows as shown. Calculate IRR% . Also [...]

7: Cash Flow Calculations 105 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 9000 & I G9ECL#T8U" Stores the initial cash flow. 500 I P:;0HFL#T8#" Stores FLOW(1) and prompts for #TIMES(1) . 3 I G9ECL$T8U" FLOW(1) occurs 3 times; prompts for next cash flow. 1000 I 4 I " G9ECL%T8U" Stores FLOW(2) four[...]

106 7: Cash Flow Calcul ations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 5 0 0 5 0 0 5 0 0 5 0 0 1 , 0 0 0 1 , 0 0 0 1 , 0 0 0 1 , 0 0 0 2 , 0 0 0 2 , 0 0 0 2 , 0 0 0 2 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 Calculate the annual rate of return fo r this investment. (The prompting for #TIMES should be on.) Keys: D[...]

7: Cash Flow Calculations 107 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 I G9ECL.T8U" e E t " ;2268$&+%" Calculates quarterly rate of return. * 4 = ,&-$" Calculates nominal annual rate of return from quarterly rate. D oing O t h e r Calc ulations w it h CFLO Data If you would like to do other ca[...]

108 8: Bonds File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 8 Bonds The BOND menu calculates the yield to maturity or price of a bond. It also calculates yield to call on a coupon date and accrued interest . You can specify the: ! Calendar basis : 3 0/36 0 or actual/ac tual (day s per month/day s per year ) . Munic ipal, state[...]

8: Bonds 109 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 8-1. BOND Menu Labels Menu Label Description z Displays a menu of bond types: 30/360 or actual/actual, semi-annual or annual. { ! Stores the settlement (purchase) date according to the current date format ( MM.DDYYYY or DD.MMYYYY; see page 143). | ! Stores the m[...]

110 8: Bonds File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 D oing Bond Calc ul ations Remember that values in th e BOND menu are expressed per $100 face value or as a percentage . A CALL value of 102 means that the bond will be worth $102 for every $100 of face value when called. Some corporate bonds in the United States use [...]

8: Bonds 111 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 maturity , the CALL v alue must equal 1 0 0. (See s tep 3.) 8. T o calculate a r esult , first pr ess ) to access the r emaining menu labels. Do e ither a or b : a. K e y in the y ield and pr ess • . Pre ss * to calc ulate the pri ce. b. K ey in the pr ice and pr es[...]

112 8: Bonds File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 | 01:8(.?(#?$(#* :4H" 6.75 } 75<68'&-." Stores annual coupon rate. ) 3 / 8 + 8 • " " @9A68*&%*" Stores desired yield (displayed rounded to two decimal places). * * 52;7H8*'&%*" Result: price is $86.38 per $100 f[...]

8: Bonds 113 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 5.022003 { FH::8" (.?($?$((% G2;" Stores purchase date ( MM.DDYYYY format). 3.032022 | 01:8(%?(%?$($$ :M4 " Stores matu rity date. 6 } 75<68'&((" Stores annual coupon rate. ) 5.7 • " @9A68.&-(" Stores yield. * 52;7H8#(%&[...]

114 9: Depreciation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 9 Depreciation The DEPRC ( depreciation ) menu calculates depreciation values and remaining depreciable valu es one year at a time. The methods available are: ! Declining balance. ! Sum-of-the-years’ digits. ! Straight line. ! Accelerated Cost Recovery System[...]

9: Depreciation 115 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 9-1. DEPRC Menu Labels Menu Label Description † Stores the depreciable cost basis of the asset at acquisition. ‡ ! Stores the salvage value of the asset at the end of its useful life. If there is no salvage value, s et SALV =0. ˆ ! Stores the expecte[...]

116 9: Depreciation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To see the value currently stored in a variable, press R menu label . D oing Deprec iation Calc ulations DB, S OYD, and SL M et hods To calculate the depreciati on for an asset: * 1. Display the DEP RC men u : pr ess " … . 2. Define the c harac teris tic[...]

9: Depreciation 117 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example: Declining-Ba lance Depreciation. A metalworking mac hine, purchased for $10,000, is to be depr eciated over 5 years. Its salva ge value is estimated at $500. Find the depreciation and remaining depreciable value for each of the first 3 y ears of the ma[...]

118 9: Depreciation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ] 2AO8%K*((&((" Remain ing depreciable value after third year using SL. Th e AC RS M ethod To calculate the amount of tax deduction u nder the U.S. Accelerated Cost Recovery System: 1. Display the DEP RC men u : pr ess " … . 2. Enter the cost ba[...]

9: Depreciation 119 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 25 ‰ 172F68$.&((" Tabular value, year 2. Š 172F8'K$.(&((" Deduction in second year. 20 ‰ 172F68$(&((" Tabular value, year 3. Š 172F8.K(((&((" Deduction in third year. P ar tial- Y ear Depr ec iation When the acquis[...]

120 9: Depreciation File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Calendar Year Depreciation Value 1 (Oct.-Dec.) 2 3 4 (Jan.-Sept.) ¼ x year 1 (¾ x year 1) + (¼ x year 2) (¾ x year 2) + (¼ x year 3) ¾ x year 3 Example: Partial-Year Depreciation. A movie camera bought for $12,000 ha s a useful life of 10 years with a sal[...]

10: Running Total and Statistics 121 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 10 Running Total and Statistics The SUM menu stores and statistically analyzes sets of numbers. As you enter the numbers, the calculator di splays their running total. Once you’ve entered the numbers into a list , you can: ! Calc ulate the me[...]

122 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e SUM M enu FIN CAL C TOT A L MIN BUS INSR ME AN MAX SU M DEL ET MED N SORT FR CS T TIME NAME STD E V SOL V E GE T T O T AL RAN GE M ORE MO RE … CURRX The SUM menu creates lists of numbe rs and performs calc ulations with a SUM list. Table[...]

10: Running Total and Statistics 123 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To see the calculator line when this menu is in the display, press I once. (This does not affect number entry.) To see this menu when the calculator line is in the displ ay, press e . Creating a S UM L ist To keep a running total of a list o f [...]

124 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 After briefly show i ng IT EM( 1) , the displa y sho ws " ;:H0L$T8U" :E:19 = num be r TOTA L is the updated, r u nning TOT A L of all the numbers in the lis t (only one n umber , so far ) . 4. To e n t e r ITE M (2) , k ey in the va l[...]

10: Running Total and Statistics 125 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Deleting Numbers from a List . Pressing n deletes the current item. Example: Updating a Checkbook. On May 31, your checking ac count balance was $267.82. The transactions for the first 10 days in June are: Date Transaction Amount Date Transacti[...]

126 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 55.67 I ;:H0L*T8U" :E:198..%&(-" e ;:H0L*T8U " Ends list and displays SUM menu again. Copying a Number from a L ist to t h e Calc ulat or L in e T o c o p y a n u mb er f ro m t he l is t i n to th e ca l c ul a t or l i ne ,[...]

10: Running Total and Statistics 127 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 S tar ting or GE Tting Anot h er L ist When you press $ , the SUM list that appears is the last one used. T o s t a r t a n e w l i s t o r s w i t c h t o a d i f f e r e n t o n e , t h e c u r r e n t l i s t m u s t b e named or cleared. If[...]

128 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Calc ulations w it h O n e Variabl e The CALC menu calculates the followi ng statistical values using one SUM list. Table 10-2. The CALC Menu for SUM Lists Menu Key Description O ! Calculates the sum of the numbers in the list. • ! Calculates[...]

10: Running Total and Statistics 129 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Month Phone Expense Month Phone Expense 1. May 2. June 3. July $340 $175 $450 4. August 5.September 6. October $780 $245 $625 Calculate the mean, median, and st andard deviation of the mon thly phone bills. Then display the smallest value in th[...]

130 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 deviation. ) " Displays rest of CALC menu. ” 0;<8#-.&((" Finds smallest number. Calc ulations w it h Two V ar iabl es (FR CST) The FRCST menu does the following tw o-variable calculations using two SUM lists: ! Fi t s x - and[...]

10: Running Total and Statistics 131 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 CAL C TOT A L x-l ist X X2 Y2 XY Y MO DL MIN ME AN y -l ist W. M N MAX MED N CO RR G. S D SORT F RCST (s elec t x and y ) STD E V M RAN GE B SIZ E MO RE MO RE MO RE MO RE MO RE LIN L OG EXP P WR After pressing — , you must specify two previou[...]

132 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 10-3. FRCST Menu Labels Menu Label Description list name for x - variable list name for y-variable These specify the two lists of data to be compared. Also used for estimations:store x and estimate y , or vice-versa. ˜ is the menu label [...]

10: Running Total and Statistics 133 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Cur v e Fit ting and For ecasting Curve fitting is a statistical method for finding a relationship between two variables, x and y . Based on this relationship, you can estimate new values of y based on a given x -value, and vice-versa. Each SUM[...]

134 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To do curve fitting and forecasting : 1. Enter the data into t w o SUM lists : one for the x -values and one f or the y - va l ue s. M a ke s u re e a ch l i st h as t h e sa m e nu m b er o f i te m s so t h a t th e items ar e in matc hed pai[...]

10: Running Total and Statistics 135 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Number of Minutes of Radio Advertising (x-values, MINUTES ) Dollar Sales (y-values, SALES ) Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 2 1 3 5 5 4 $1,400 $ 920 $1,100 $2,265 $2,890 $2,200 BJ’s wants to determine whether there is a linear relat[...]

136 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: $ " Displays current SUM list and SUM menu keys. @c W " ;:H0L#T8U" Clears current list. 2 I 1 I 3 I 5 I 5 I 4 I " " " " " ;:H0L-T8U" :E:198$(&((" Stores minutes o[...]

10: Running Total and Statistics 137 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 " 0;<4" " F19HF" FH9H7: @ O12;1J9H" 9;<H12 * " Selects MINUT ES as x -list, SALES as y -list, indicates current curve-fitting model, and displays FRCST menu. ™ 7E228(&,(" Corr elation coefficient f[...]

138 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Weighted M ean and G rouped S tandard De viation D a ta in on e l is t ( x ) can be weighted or groupe d (by frequency) by data in another list ( y ) . T o f i n d t h e m e a n o f w e i g h t e d d a t a a n d t h e s t a n d a r d deviation [...]

10: Running Total and Statistics 139 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 216 I ;:H0L.T8U" :E:198*%#&((" e o RENT I " ;:H0L.T8U" Names this list RENT. (See page 30 to use the ALPHA menu.) p s ;:H0L#T8U" Gets a new, empty list. 54 I 32 I 88 I 92 I " " " ;:H0L.T8U" :E:19[...]

140 10: Running Total and Statistics File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 stati stics for just one list of data, spe c if y the same list for both x and y . 2. T o see n , pres s ) ¡ . 3. Press ) again to displa y the summation menu , and pres s the menu label f or the value y ou wa nt . D oing O t h e r Calc ulatio[...]

11: Time, Appointments, and Date Arithmetic 141 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 11 Time, Appointments, and Date Arithmetic The calculator contains a clock and calendar in the TIME menu. You can select a 12-hour or 24-hour clock, and a month-day-year or day- month-year calendar. You can: ! Recor d appointments th[...]

142 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e TIME M en u FIN BU S CAL C APT1 SU M APP T APT2 TIME ADJS T SOL V E SE T APT10 CU RRX Table 11-1. The TIME Menu Labels Menu Label Description E ! Displays the CALC m enu, for calculating the day of the week and other date arith[...]

11: Time, Appointments, and Date Arithmetic 143 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Set ting t h e Tim e and Date (SET) Table 11-2. The SET Menu Labels Menu Label Description Z Sets the date to the displayed number ( MM.DDYYYY or DD.MMYYYY ). Y Sets the time to the displayed number ( HH.MMSS ) . [ Switches between A[...]

144 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example: Setting the Date and Time . Set the date and time to April 5, 2003, 4:07 p.m. Keys: Display: Description: © " Displays SET menu. 4.052003 Z F1: (+?(.?(% time " Sets date. 4.07 Y [ " F1:" (+?(.?(% (+I(-I[...]

11: Time, Appointments, and Date Arithmetic 145 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Appointm ents ( APP T) You can record up to ten appointme n t s , e a c h w i t h a n a l a r m . A n appointment can contain a message. You can also create repe ating appointments ― appointments that recur at regular intervals. AP[...]

146 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To set an appointment or view its curre nt setting: 1. Pr ess Y , then § . T he display tells y ou w hich a ppointments (number ed 1-10) are set and whi ch are pa st due (exp ired w ith unackno wledged alar ms) . Pr essing ) displa[...]

11: Time, Appointments, and Date Arithmetic 147 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 message , pres s a . T ype th e me ssag e (refer to p age 30 fo r us ing the ALPHA menu) . Messages ar e limited to a max imum of 2 2 char acters . Pres s I wh e n d o ne. ( Pre ss e t o n e g a t e a n y changes and r etain the ori [...]

148 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Unac kno wl edg ed Appointm ents An appointment not acknowledged during its alarm becomes past du e. The alarm annunciator remains on. To acknow l edg e a past-due ap pointm ent : 1. Pr ess Y § . 2. Pr ess the men u ke y for the pa[...]

11: Time, Appointments, and Date Arithmetic 149 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 h appointment #4. @c +I ((?((?(( #$I((1" Clears appt. #4. 2.15 Y +I F4<" (+?$(?(% $I#.1" Stores appt. time and supplies current date. [ +I F4<" (+?$(?(% $I#.5" Sets appt. time to PM. 4.22 Z +I :4H"[...]

150 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 11-4. CALC Menu Labels for Date Arithmetic Menu Label Description ª « Stores or calculates a date. Also displays the day of the week. If you omit the year, the calculator uses the current year. ¬ Stores or calculates the nu[...]

11: Time, Appointments, and Date Arithmetic 151 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 2. K ey in the s econd date and pres s « . 3. Pr ess ¬ , - , or ® to calculate the n umber of da ys using that calendar . Example: Calculating the Number of Days between Two Dates. Find the number of days between April 20, 2003 an[...]

152 11: Time, Appoin tments, and Date Arithmetic File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 3. Pr ess « . This calculation always uses the actual calendar. Example: Determining a Future Date. On F ebruary 9, 2003, you purchase a 120-day option on a piec e of land. Determine the expirat i on date. Assume the date format is[...]

12: The Equation Solver 153 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 12 The Equation Solver The Equation Solver (the SOLVE menu) stor es equations that you enter and creates menus for them. You can then use th ose menus to do calculations. Enter Solver equations in algebraic form regardless of the calculation mode (ALG o[...]

154 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Regardless of how you do this calculat ion (even if you do it longha nd), you are using an equation: Next Forecast = Old Forecast + Change in Old Forecast = Old Forecast + (Projected Percentage Changes xOld Forecast) or: NEXT = OLD + (( A % + B % + C %)[...]

12: The Equation Solver 155 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 +( A %+ B %+ C % )/ 100 * OLD " " " >A)L16)J6)76T" D#((BE9A" for the display. I <HX:8E9A)" L16)J6)76TD#>" Enters equation into list. * # C C # " >A)L16)J6)76T" D#((BE9A" Controls view of full[...]

156 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 15 & " 76" 768/#.&((" Stores effect of competitor’s new product on sales. b <HX:8$K$((&((" Calc ulates ne w for e cast for next mo nth. Suppose your boss wants next month’s forecast to be 2,300 units. You can’t a[...]

12: The Equation Solver 157 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 12-1. The SOLVE Menu Labels Menu Label Description E Verifies the current equation and creates menu labels for it. This is necessary be fore doing any calculations. * Accesses the ALPHA-Edit menu (page 31) so you can alter the current equation. Th[...]

158 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 while the Solver checks that the eq uation is mathematically valid. (However, the Solver has no way of checking whether the eq uation is the right one for your problem.) If the equation cannot be solved, the calculator briefly displays: ;<O19;A HY41:[...]

12: The Equation Solver 159 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1. Stor e values in all but one o f the var iables ( for e xam ple , 2000 M , et c. ) . Re m e mb e r th a t you c a n veri f y s to re d va l u e s by p res s i ng R menu label . 2. T o start the calculati on, pr ess the menu k e y for the var iable y [...]

160 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: @A " Restores MAIN menu. & / :@5H HY41:;E<Q" V;<54:W" Displays ALPHA menu. ROE = ( ASSET * % ERN - DEBT * % INT - TAX ) / EQTY " " " " " " >/AHJ:B6;<:/:1XT" DH[...]

12: The Equation Solver 161 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Editing an Equation (EDI T) If you have an ;<O19;A HY41:;E< , the cursor stops over the first character that the Solver could not logically interpret. You can alter the current equation using the ALPH A-Edit menu: 1. Pr ess * to access the ALP HA [...]

162 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Finding an Equation in t h e Sol ver L ist To display an entry in the Solver list, display the SOLVE menu and move through the list using the [ and ] keys. @[ moves to Z:E5 EG 9;F:[ and @] moves to ZJE::E 0 EG 9;F:[ . Shared Variabl es If two or more eq[...]

12: The Equation Solver 163 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Make sure that the menu for the variables is in the display. (The equation itself should not b e i n t h e d i s p l a y . I f i t i s , p r e s s E .) Pressing @c now sets NEXT ; OLD , A% , B% , and C% to zero. Variables are also cleared when their equ[...]

164 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Del eting O n e Equatio n or Its V a riabl es (DELE T) To delete an equation or its variables: 1. Display the equati on. 2. Pr ess j in the SOL VE menu . 3. T o delete the equati on, r espond W to both questi ons: AH9H:H :MH O12;1J9HFU" AH9H:H :MH [...]

12: The Equation Solver 165 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ++ −× abc de f Since a Solver equation appears a ll on one line, you must gro up the numerator and denominator separately by using parentheses , such as L1)J)7TDLA /HBGT" Order of Calculations. Operations occur from left to right but do: ! Expon[...]

166 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 × + +× (5 ) BC A DE could be entered as 1)JB7DLLA).TBH T&" What Can Appear in an Equation Long Equations. There is n o limit on the length of an equation (or the n u m b e r o f v a r i a b l e s i t h a s ) i f t h e r e i s e n o u g h m e [...]

12: The Equation Solver 167 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Parentheses. Do not use brackets or br aces. Parentheses determine order, but do not imply multiplication. For example, the equation P sn ＝ P s (1 － F ) would be typed into the Solver as 5F<85F BL#/GT . The × sign must be inserted between 5F and[...]

168 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 , " : G17" < " > G17:" ( 25 )= G17:L$.T8" , - " G17:L$.T81" This calculates 25! (factorial). 2. Using a T yping A id Keys: Display: Description: @m " MATH menu labels appear. 4 # G17:L" The ALPHA menu a[...]

12: The Equation Solver 169 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 12-2. Solver Functions for Equations Function Description ABS( x ) Absolute value of x . ALOG( x ) Common (base 10) antilogarithm; 10 x . CDATE Current date. CTIME Current time. DATE( d1:n ) The date n days after (w hen n is positive) or before (w[...]

170 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 12-2. Solver Functions for Equations (Continued) Function Description HMS( time ) Converts time in decimal hours to HH.MMSS format. HRS( time ) Converts time in HH.MMSS format to decimal hours. IDIV( x : y ) Integer part of the quotient of x/y. IF[...]

12: The Equation Solver 171 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Table 12-2. Solver Functions for Equations (Continued) Function Description Σ ( cfr : c 1 : c 2 : s : expr ) Summation of the algebraic expression expr for values of the counter ctr , stepping from c 1 to c 2 at increments of s . See page 176. SIZEC( C[...]

172 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example Using a Solver Function (USPV): Calculations for a Loan with an Odd First Period. Suppose an auto purchase is financed with a $6,000 loan at 13.5% annual interest. There are 36 monthly payments starting in one month and five days. What is the pa[...]

12: The Equation Solver 173 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: & @] ZJE::E0 EG 9;F:[" Displays SOLVE menu and bottom of Solver list. / :@5H HY41: ;E<Q" V;<54:W" Displays ALPHA menu. (type in equation as shown above) " " &&&0:B4F5OL1<<;[...]

174 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Conditional Expres sions w it h I F Equations can include conditional expr e ssions using th e function IF. The syntax of the IF function is: IF L conditional expression I algebraic expression I algebraic expression T * For example, the solver accepts t[...]

12: The Equation Solver 175 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Examples of Conditional Equatio ns. ! J = ;G L1[- 1<A 1Z8#.I$B1D ' I %B1)#(T)7 Means: If A is gr eater than 7 and is less than or equal to 15, then B ＝ 2 x A ÷ 6 ＋ C . Otherw is e, B ＝ 3 x A ＋ 10 ＋ C . ! O194H 8 G;2F:);GL<E:LG;2 F:[...]

176 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Press & / , then enter the equation: <HC8E9A"]"L#);GL 28#I&(%I;GL28$I&('I&#TTT " To do the calculation: Keys: Display: Description: I E " Stores, verifies, and creates menu labels for the equation. 27500 M E9A[...]

12: The Equation Solver 177 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 calculated and added to the sum. Thus the stored value of X is used to calculate X + 2 X 2 + 3 X 3 + 4 X 4 + 5 X 5 + 6 X 6 . The following equation uses a variable as the ending value, 0 as the beginning value, and a step size of 2. FH2;HF8 ^ L;I(I91F:I[...]

178 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 “Chi-Squared Statistics” in chapter 14 illustrates another use of the Σ function with SUM lists. Creating M enus for M ultipl e Equations (S F unc tion) The S ( solving for ) function is used in conjun ction with the IF function to group related eq[...]

12: The Equation Solver 179 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ;GLFL3=T E2 FL9JTI3=B$&$#/9JI0B%&$*/G:T" Press I to store it, then E to verify it and create its menu: 1. Con vert 2 25 pounds to kilogr ams. Pr ess 2 25 " 9J" " 3=" Res u lt i s 3=8#( #&*# . 2. Ho w man y feet equal[...]

180 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The process of finding a solution iteratively is very complex. There are four possible outcomes. Refer to “Solv er Calculations” in appendix B for additional descriptions of these outcomes. ! Case 1: T he calculato r displa y s a r esult . It is ver[...]

12: The Equation Solver 181 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Entering G uesses Entering your own guesses serves two purposes. First, it can save time by telling the Solver where to start searching. Second, if more than one solution exists, entering g uesses may lead the Solver to a soluti on in a specified range.[...]

182 12: The Equation Solver File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Profit ＝ (Price × Quant ity) － (Variable costs × Quantity) － Fixed Costs The C-Sharp Piano Corporation sell s pianos for $6,00 0. Variable costs are $4,100; fixed costs per year are $112,000. How many pianos must C-Sharp sell this year in order [...]

12: The Equation Solver 183 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 " Y:@" Y:@I$((&(((((((((/" Y:@I#((&((((((((()" &" &" &" Y:@8#$-&%- " Solves for QTY iteratively.[...]

184 13: Printing File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 13 Printing The calculator can print information using the HP 82240 Infrared Pr inter, which accepts the infrared signal from the printer port. This chapter describes information you can print. Operation of the printer is covered in the printer owner’s manual. *[...]

13: Printing 185 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Th e Printer ’s P o w er Source The speed of the printer depends on whether it is using its opti onal ac adapter. To optimize printing performa nce, set the printing speed mode in the calculator appropriately. To view or change the printing speed mode: 1. Pr ess[...]

186 13: Printing File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Printing O t h er Infor mation ( @p ) LIS T STK RE GS PRI NT E R TI ME MSG TRA CE The PRINTER menu provides the ability to print most of the information you’ve stored, including the contents of variables, lists, appointments, the history stack, registers, and th[...]

13: Printing 187 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Printi ng the Values Stored in Vari ables. You can print a listing giving the values of all variables wh ose menu labels are displayed. * For example, if the calculator is in the FIN TVM menu, it displays the labels T U V W X . . Pressing @p k now produces a print[...]

188 13: Printing File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Printing Appointments. To print all stored appointments, display the § menu (press § then press @p k . This produces a listing like this for each appointment: #I CHA (-?$%?(% #(I((1" AH0E GE2 F0;: M" 25:8<E<H" Menus Not Associated with Store[...]

13: Printing 189 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 2. Pr ess n t o c h a n g e t h e s e t t i n g . A m e s s a g e i n f o r m s y o u t h a t t r a c i n g i s o n o r o f f . I f n e c e s s a r y , p r e s s n again to display the desir ed message . 3. Pr ess e . Example: Trace-Printing an Arithmetic Calculat[...]

190 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 14 Additional Examples Loa ns Simpl e Annual Inter est See appendix F for RPN keystrokes for this example . Example: Simple Interest at an Annual Rate. Your good friend needs a loan to start her latest enterprise and has requested that you lend her $45[...]

14: Additional Examples 191 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 For instructions on entering Solver equations, see “S olving Your Own Equations,” on page 29. If you know the dates for the course of the loan, rather than the number of days, use this for an actual-calendar basis: AHJ:89E1<)9E1<B;6D#((BAA1 @F[...]

192 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 3. F inally enter c u rr ent values for N (less number of pay ment periods alr eady pas sed, or 5 × 12 － 4 2) and PV (propo sed pu r chase pr ice, $7 9 , 000) ; then calc ulate I%YR for th e a nnu al yiel d. Ste p 1 : Calculat e PM T . Make sur e FV[...]

14: Additional Examples 193 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Step 3: Enter actual, current values for N and PV ; then find new I%YR for discounted mortgage with balloon. Keys: Display: Description: R T - 42 T " <8#*&((" Stores number of payments remaining in 5-year loan. 79000 & V " 5O8/[...]

194 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1. Since the pay ment amount is n ot gi ven , calculate it ( PM T ) firs t. U se the gi v en mortgage amount ( PV = $60, 000) and inter est r ate ( I%YR = 11 1 / 2 %). 2. T o find the AP R (the ne w I%YR ), use the PM T calculat ed in step 1 and adju s[...]

14: Additional Examples 195 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 calculate the monthly PMT = ( loan x 12%) ÷ 12 mos.) When c alcul ating the I%YR , the FV (a balloon payment) is the entire loan amount, or $1,000,000, while the PV is the loan am ount minus the points. Keys: Display: Description: " ] . @c e "[...]

196 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 first payment, and a 30- day month is assumed. * A Solver Equation for Odd-Pe riod Calculations: EAAI 5OBL;6D#((BG5LA1@FD% (T)#T8/;GLA1@FZ%(I" L#);6D#((TB50:I50:TB4F5OL ;6I<T/GOBF55OL;6I<T" (For the Z character, press 2 . ´ .) PV = the[...]

14: Additional Examples 197 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 u ;68#&$." interest rate. 46 ¬ A1@F8+'&((" Stores days until fir st payment. 0 X GO8(&((" No balloon payment. W 50:8/#.-&(%" Calculates payment. Example: Loan with an Odd First Period Plu s Balloon. A $10, 000 l[...]

198 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 2. Store 0 W , 6 T , and 200 V . 3. Add 200 to the ann u al int er est rat e , mak e the number negati ve , and stor e it in X . 4. Pr ess U to calculate the Canadian mortgage f actor . 5. C o n t i n u e t h e p r o b l e m b y s u p p l y i n g t h e[...]

14: Additional Examples 199 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 (For the operator press @u .) PV = loan amount, or present value. PMT = monthly payment amount. I%YR = annual (Canadian) interest rate as a percent. N = total number of payment periods for the life of the loan. FV = remaining balance, or future value.[...]

200 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 I%YR = the annual interest rate as a percent. N = the total number of payments. #ADV = the number of advance payments. The following example assumes that you have entered the equation ADV, above, into the Solver. For instructions on entering Solver equ[...]

14: Additional Examples 201 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 1. Because the compounding per iods and the w ithdra wal peri ods are not coinci dent, y ou must first con vert the nominal interest r ate to one in ter ms of the w ithdra wal per iods . Y ou can do this using the ICNV menu , as explained on page 8 7, ?[...]

202 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 < #(&(*" Clears message to show NOM% value still in calculator line. s U ;6@28#(&(*" Stores adjusted nominal interest rate in I%YR . . 4 Y Z e " " + 5?@2 JH=;< 0EAH" Sets 4 payments (withdrawals) per year and Begi[...]

14: Additional Examples 203 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Suppose you want to start saving now to accommodate a future series of c a s h o u t f l o w s . A n e x a m p l e o f t h i s i s s a v i n g m o n e y f o r c o l l e g e . T o determine how much you need to save each period, you must know when you’[...]

204 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 0 $0 $0 12 $0 $0 $0 144 $0 $0 15 6 168 180 $0 $0 $0 $ 1 5 , 0 0 0 $ 1 5 , 0 0 0 $ 1 5 , 0 0 0 $ 1 5 , 0 0 0 Figure 14-1. Flow of Withdrawals 13 2 17 8 17 9 180 0 9. 0 0 Figure 14-2. Flow of Deposits Keys: Display: Description: " r " Displays [...]

14: Additional Examples 205 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Step 1: Set up a CFLO list. 0 I G9ECL#T8U" Sets initial cash flow, FLOW(0) , to zero. 0 I P:;0HFL#T8#" Stores zero in FLOW( 1) and prompts for the number of times it occurs. 12 * 12 - 1 I " G9ECL$T8U" Stores 143 (for 11 years, 11 mon[...]

206 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Step 2: Calculate NUS for the monthly deposit. Keys: Display: Description: 9 / 12 u " ;68(&-." Figures the periodic (monthly) interest rate and stores it in I% . w <4F8#*$&%(" Amount of monthly deposit needed to meet planned w[...]

14: Additional Examples 207 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example: Tax-Free Account. Consider opening an IRA account with a dividend rate of 8.175%. 1) If you invest $2,000 at the beginning of each year for 35 years, how mu ch will you have at retirement ? 2) How much will you have paid into the IRA ? 3) How m[...]

208 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 * 15 % = +-K'+'&(-" Taxes at 15% of interest. & + R X = " %%,K,,+&%," Subtracts taxes from total FV to calculate after-tax FV . X GO8%%,K,,+&%," Stores after-tax future value in FV . 8 U 0 W V " "[...]

14: Additional Examples 209 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " ] " Displays TVM menu. . 1 Y Z e " # 5?@2 JH=;< 0EAH" Sets 1 payment per year and Begin mode. 35 T <8%.&((" Stores years until retirement. 8.175 - 28 % U *&#*/$&$," ;6@28.&[...]

210 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 a liquid account. The figure generally us ed is a short-term security (T-bill) or bank passbook rate. Positive cash flows are reinvested at a reinvestment rate th at ref lec ts the ret urn on an inv estme nt of c omp arab le risk. An average return rat[...]

14: Additional Examples 211 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 or p s " G9ECL(T8U" new one. 180000 & I " G9ECL#T8U" Stores initial cash flow, FLOW(0) . 0 I P:;0HFL#T8#" Stores FLOW(1) as zero since the flow amount is positive. 5 I G9ECL$T8U" Stores 5 for #TIMES(1) . 100000 & I [...]

212 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 5 I G9ECL%T8U" 5 times. 0 I 9 I " G9ECL+T8U" Stores zero for FLOW(3) , 9 times. 200000 I I " G9ECL.T8U" Stores FLOW(4) , 1 time. e E " <5OK <4FK <GO" <HHA ;6" 13 / 12 u " ;68#&(*" Stores[...]

14: Additional Examples 213 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Pr ice of an Insur ance P olic y The price of an insurance policy, other than term life insurance, is rarely apparent at first glance. The price should include not only the premium payments, but also the interest that could have been earned on the cash [...]

214 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Example: Insurance Policy. You ar e evaluating your $50,000 insurance policy. The premium of $1,010 is due at the beginning of the year, and a dividend of $165 is received at the end of the policy year. The cash value of the policy is $3,302 at the beg[...]

14: Additional Examples 215 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Reference: Joseph M. Belth, Life Insuranc e ― A Consumer’s Handbook , Indiana University Press, 1973, p. 234. Bonds Example: Yield to Maturit y and Yield to Call. On March 16, 2003 you consider the purchase of a $1,000 bond that was issued on Januar[...]

216 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Second, calculate the yield to call: Keys: Display: Description: ) @9A68,&((" Returns to first BO ND menu. 1.012006 | " 01:8(#?(#?$((' F4< " Changes maturity date to the call date. 110 ~ 71998##(&((" Stores call valu[...]

14: Additional Examples 217 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The following example assumes that you have entered the NOTE equations into the Solver. For instruct ions on entering Solver equations, see “Solving Your Own Equations,” on page 30. Example:Price and Yield of a Discounted Note. What are the price an[...]

218 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 A Solver Equation for Moving Ave rages: 01O=8^L;I01XL#I91F:/<)#TI 91F:I#I;:H0L name I;TTD" 0;<L<I91F:T" N = the number of values averaged in each calculation. LAST = the item number of the most recent value to be averaged. name = the[...]

14: Additional Examples 219 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 4040 I 3200 I " ;:H0L-T8U" :E:198$%K.-(&((" e o VOL I " ;:H0L-T8U" Names the list VOL. e & (use ] and [ if necessary) " Displays the MAVG equation. Make sure name is VOL. E " Displays menu. 3 T <8%&((&qu[...]

220 14: Addition al Examples File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 In other words, it tests w hether discrepancies between the obse rved frequencies ( O i ) and the expected freq uencies ( E i ) are significant, or whether they might reasonably result from chance. The equation is: 2 2 1 () n ii i i OE E χ = − = ∑[...]

14: Additional Examples 221 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Number 1 2 3 4 5 6 Frequency Observed 25 17 15 23 24 16 Keystroke: Display: Description: $ ! " Displays SUM menu and current list. @c W or p s " " ;:H0L#T8U" Clears current list or gets a new one. 25 I 17 I 15 I 23 I 24 I 16 I "[...]

222 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 A Assistance, Batteries, Memory, and Service O btaining H elp in O perating t h e Calc ulat or Hewlett-Packard is committed to suppor ting users of HP ca lculators. You can obtain answers to your quest ion s about using the calcul[...]

A: Assistance, Batteries, Memory, an d Service 223 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Q: How do I change the number of decimal places the calculator displays ? A: The procedure is described in “Decimal Places” on page 34. Q: How do I clear all or portions of memory ? A: C clears the calculator line. @c clears t[...]

224 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 A: Refer to “Managing Calculator Memory” on page 227 for instructions on how to recl aim memory for your use. Q: The calculator is operating slowly, and the annunciator is blinking. Why ? A: The calculator is trace printing. P[...]

A: Assistance, Batteries, Memory, an d Service 225 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 due to a borderline low-battery condit ion. The calculator can detect that there is insufficient power for printing before the batt ery annunciator comes on. If you continue to use the calculator after the battery annunciator come[...]

226 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 4. N ever r emove t w o old bat teries at t h e sam e tim e, in case me mo ry l ost . R emo ve o ne o f the two batte ri es on ce . Ins ert a n ew batter y , making sur e that the positi ve sign (+) is f acing outw ar d. War n in [...]

A: Assistance, Batteries, Memory, an d Service 227 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 M anaging Calc ulat or M emor y The calculator has approximately 30,740 units (or “bytes”) of user memory available. (This is separate from the system memory th at stores all the uneras able information wit h whic h the cal cu[...]

228 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Reset ting t h e Calc ulator If the calculator doesn’t respond to keystrokes or is behaving unusually, attempt to reset it. Resetting the calc ulator halts the curr ent calculation, clears the calculator line, and disp lays the [...]

A: Assistance, Batteries, Memory, an d Service 229 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 For sel ec ting English languag e: ! AL G mode ! Month/da y/year date fo rmat , 12 -hour cloc k ! 2 dec i mal places, per iod (.) dec imal point ! Double -space printing o ff , printer tr acing o f f , print er with out the ac ada[...]

230 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 For sel ec ting t h e ot h er languag es: ! AL G mode ! Day/month/y ear date form at , 2 4 -hou r cloc k ! 2 dec i mal places, comma (,) dec imal point ! Double -space printing off , printer tr acing o ff , printe r with out the a[...]

A: Assistance, Batteries, Memory, an d Service 231 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ! Maintains the selec ted mode － AL G or RPN. Erasing Continuous Memory does not affect the current time and date, date and the selected language. To erase Continuous Memory, press and hold down C , the leftmost menu key, and th[...]

232 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ! If t h e calc ulat or won’t turn on: 1. Attem pt to r eset the calc ulator (see page 2 2 8) . 2. If the calculator f ails to re spond af ter step 1, r e place the batteri es (see page 2 2 5). If you ha v e just r eplaced the b[...]

A: Assistance, Batteries, Memory, an d Service 233 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 infor mation is pr inted during the test . 3. If possible, r eturn to the MAIN menu (pr ess @A ). 4. T o start the self-test , hold do wn C w hile yo u pr ess t he fifth menu k ey fr om the left. Once the self-test has begun , do [...]

234 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 workmanship when properly installed and used. If HP receiv es notice of such defects during the warranty period, HP will replace software media which does not execute it s programming instructions due to such defects . 3. HP does [...]

A: Assistance, Batteries, Memory, an d Service 235 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 the express warranty statements accompanying such products and services . Nothing herein shou ld be constr ued as constituting an additional warranty.HP shall not be liable for technical or editorial errors or omissions contained [...]

236 A: Assistan ce, Batteries, Memory, and Service File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Other European countries +420-5-4142 2523 Asia Pacifi c Country : Telephone numbers Australia +61-3-9841 -5211 Singapore +61-3-9 841-5211 L.America Country : Telephone numbers Argentina 0-810-555-5520 Brazil Sao Paulo 3747-7799; R[...]

A: Assistance, Batteries, Memory, an d Service 237 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 USA This calculator generate s, uses, and can radiate radio frequency energy and may interfere with radio and tele vision reception. The calculator complies with the limits for a Class B digi tal device, pursuant to Part 15 of the[...]

238 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 B More About Calculations IR R % C a lcu l a t i o ns The calculator determines IRR% for a set of cash flows using mathematical formulas that “search” for the answer. The process finds a solution by estimating an answer an d then using that esti[...]

B: More About Calculations 239 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 This is the onl y answ er . ! Case 4 : The calc ulator displa ys the mes sage: 01<@?<E FE 94:;E<FQ 3H@ ;< =4HFFQ VF:EW R;226S The calc ulation is v ery complex . It might in vol ve mor e than one positi ve or negati ve ans wer , or ther e[...]

240 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 may be additional positive or negative a ns w e r s, o r n o tr u e s o lu t i o n a t a l l. You can continue searching for other solutions by halting the calculation and entering a different guess. One way to obtain a good guess for IRR% is to cal[...]

B: More About Calculations 241 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 For certain equations, the unknown can be isolated, but an answer cannot be calculated with the values stored. Then the calculator displ ays: FE94:;E< <E: GE4<A For example, if you enter an equation: AREA ＝ L x W and then enter values for [...]

242 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Iterati ve Solutions If the Solver is not able to isolate the unknown variable, it cannot provide a direct solution. In these cases, the Solver searches iterat ively for a solution. * In its iterative search for a solution, the Solver looks for a va[...]

B: More About Calculations 243 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The iterative search for a solution someti mes takes several minutes. (You can halt the search at any time by pressing any key except @ ) There are four possible outcomes: ! Case 1: T he calculator displa ys an ans w er . This is v er y lik ely the t[...]

244 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 r estart the sear ch . ! Case 2: The calc ulator displa ys the val ues of LEF T and RIGHT , whic h ar e unequal. T o see the calc ulator’s r esult, pr ess < or C . If LEFT and RIGHT ar e relati vel y close t o one anothe r in value , the r esul[...]

B: More About Calculations 245 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Ca se 2 a: have oppo site si g ns . T he tw o es timate s ar e "ne i g hb or s". Ca se 2 b: have oppo site si g ns . T he tw o es timate s ar e far ap a r t . Ca se 2 c: have the same si g n.. ! Case 3: T h e calc ulator displays: J1A =4HFF[...]

246 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 entering differ ent estimates. The closer y ou can estimate the answ er , the mor e lik ely that the Sol ver w ill find a so lution . ! Case 4: The calc ulator display s: FE94:;E< <E: GE4<E T he S o l v e r is u n a bl e t o f i nd a s ol u[...]

B: More About Calculations 247 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 % 1 1 100 ( % : ) % 100 n i USFV i n i    　　 ＋ 　 － 　 ＝ P e rcentag e Calc ulations in Busin e ss (BU S)  ×    ×    ×    ×   － ＝ ＝ － ?[...]

248 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 INT ’ ＝ BA L x i ( INT ’ is rounded to the c urr ent displa y setting; INT ’ ＝ 0 for per iod 0 in Begin mode) INT ＝ INT ’ (with sign of PM T ) PRI N ＝ PM T + INT’ PRI N ＝ PM T + INT’ BA L new ＝ BAL old + PRI N ∑ INT new ＝[...]

B: More About Calculations 249 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 × × ∑ ∑ = =0 ＝＝ ＝ ＝ 1 (% : ) (% : ) ( ) k j j k jj j NFV NP V SP FV i N where N n NPV NUS USP V i N TOTAL n CF Bond Calc ulatio ns Reference: Lynch, John J., Jr. and Jan H. Mayle, Standard Securities Calculation Methods, Securities Ind [...]

250 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 −+ −+       +         −×      +     ∑ = ＝ ＋ 1 1 1 1 % % 1 DSC N E N DSC K K E CAL L PRICE Y M CPN [...]

B: More About Calculations 251 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 For the last year of depreciation, DB equals the remaining depreciable value for the prior year. Sum and S tatistic s n ＝ number of items in the list. x’ ＝ an element of the sorted list. 1 2 1 fo r odd n, wh ere 2 ( ) for even n, where 22 ( ) 1[...]

252 B: More A bout Calculations File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ΣΣ == =Σ − =Σ − =Σ − − 22 Let: 2 ( ) 2 ( ) ( ) ( ) Th en: ii ii ii XY XY nn SX X X SX Y Y SXY X X Y Y = 2 SXY M SX B = b for LIN and LOG models, and B = e b for EXP and PWR models, where bYM X =− CORR 2 2 SXY SX SY = × Equations Used[...]

B: More About Calculations 253 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Odd-P erio d Calc ulations − −  +× =    −+ −+ × × × − +   1 30 1 ( 1 ) (1 ) (1 ) N N DAYS PV i i iS P M T F V i i Where: PV = loan amount i = periodic int e rest rate as a decimal DAYS = actual number[...]

254 C: Menu Maps File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 C Menu Maps The following maps show how to display each of the menus. There is a map for each menu label in the MAIN menu and for each menu fou nd on the keyboard. The menu labels for variables are enclosed in boxes to illustrate how they are used: V ariable u sed[...]

C: Menu Maps 255 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 CURR1 C. RCL CURRX CURR2 RA TE C.S T O SEL CT Currencies Figure C-2. CURRX Menu[...]

256 C: Menu Maps File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 FIN TVM I CN V CFL O NOM% EFF% P NO M % EFF% CAL C INSR D ELET N AME GET #T ? ＊ NEW Names of Lists TOT A L IR R% I% NPV NUS NFV NI % Y RP VP M T F V O T H E R P/YR BEG END AMRT #P INT PRIN BAL NEXT T AB LE FIRS T L AS T INCR GO Figure C-3. FIN Menu[...]

C: Menu Maps 257 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 FIN BOND D EPRC BAS IS SALV LI F E ACRS MORE YR# DB SO Y D SL MOR E TYP E SETT MA T MO RE YLD% PR IC E 360 A/ A S E M I A N N Figure C-3 (continued). FIN Menu[...]

258 C: Menu Maps File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 SU M CAL C TO T AL Names of lists TOT A L M E A N M E D N RAN G MO RE SORT F RCST MO RE INSR DELET NAME GET ALPHA-E dit menu* ALPHA menu* MIN MAX (Sel ect x an d y ) MO RE x-l ist y -l ist CO R R M B MO RE MO DL W .MN G .S D SIZE LIN L OG EXP PWR MO RE ** Figure C[...]

C: Menu Maps 259 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 TIM E CAL C A PPT SET APT1 APT2 ...MORE ... TI M E M/D 12/2 4 HELP MIN A/P M MSG RPT H ELP A/P M DA TE 1 DA Y S 36 0 D 365 D Figure C-5. TIME Menu * * For the complete menu, see pages 30-31.[...]

260 C: Menu Maps File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 * ALPHA-E dit menu* AL P HA menu * CAL C ED I T NEW SO L V E Figure C-6. SOLVE Menu FIX A LL . , DI SP LO G MA TH LN EXP N! PI MO DES BEEP P RNT DBL AL G RPN LIS T PRI NT E R STK R EGS TI ME MSG T R A C E INTL Figure C-7. DSP, MATH, MODES, and PRINTER Menus * For [...]

D: RPN: Summary 261 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 D RPN: Summary About RPN The RPN appendixes (D, E, and F) are especially for those of you who want to use or learn RPN ― Hewlett-Pac kard’s original Reverse Polish Notation for operating calculators. This calculator can use either RPN or algebraic logic for[...]

262 D: RPN: Sum mary File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 v All other operations － including the Solver － work the same in R PN and ALG modes . (The Solver uses al gebraic logic only.) For more information about how RPN works, see appendix E, “RPN: The Stack.” For RPN keystrokes of select ed examples from cha[...]

D: RPN: Summary 263 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Wh er e t h e RPN F unc tions Ar e Function Name Definition Key to Use ENTER Enters and separates one number from the next. = LASTX Recalls last number in X-register. @L R ↓ Rolls down stack contents. ~ ( same as ( ) R ↑ Rolls up stack contents. [ (except i[...]

264 D: RPN: Sum mary File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Using INPUT for EN TER and ▼ for R ↓ . Except in CFLO and SUM lists , the I key also performs the E function and the ] key also performs the ~ function. ! In lis ts: I stor es numbers . Use = to enter numbers into the stac k du r ing arithmeti c calculatio[...]

D: RPN: Summary 265 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 To select RPN mode, press @> 1 . To Calculate: Press: Display: 12 + 3 12 E 3 + #.&((" 12 – 3 12 E 3 - ,&((" 12 x 3 12 E 3 * %'&((" 12 ÷ 3 12 E 3 / +&((" 12 2 12 @w #++&((" 12 12 @v %&+'" 1/12[...]

266 D: RPN: Sum mary File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 RPN Mode ALG Mode 27% of 200 200 E 27 % 200 * 27 %= 200 less 27% 200 E 27 %- 200 - 27 %= Calc ulations w it h S TO and RCL The store ( s ) and recall ( R ) operations work identically in ALG and RPN modes (see “Storing and Recalling Numbers” and “Doing A[...]

D: RPN: Summary 267 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The cube root example and the perc entage addition example (previous topics) are two simple examples of chain calculations. For another example, calculate 7 x (12 + 3) Start the calculation inside the parentheses by finding 12 + 3. N otice that you don’t need[...]

268 E: RPN: The Stack File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 E RPN: The Stack This appendix explains how calculat ions take place in the automatic memory stack and how this method mi nimizes keystrokes in complicated calculations. What t h e S tac k I s Automatic storage of intermediate results is the reason that RPN m[...]

E: RPN: The Stack 269 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Re vie wing t h e S tac k (R oll Do wn) The ~ ( roll down ) function (on the ( key) lets you review the entire contents of the stack by “rolling” th e contents downward, one registe r at a time. While in RPN mode you don’t need to pr ess the shift key f[...]

270 E: RPN: The Stack File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The x function is used primarily to swap the order of n umbers in a calculation. For example, an easy way to calculate 9 ÷ (13x8) is to press 13 E 8 * 9 x/ . Arit hm etic － How t h e S tac k D oes It The contents of the stack move up and down automatically[...]

E: RPN: The Stack 271 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 How ENTER Works You know that E separates two numbers keyed in one afte r the o t h e r . I n t e r m s o f t h e s t a c k , h o w d o e s i t d o t h i s ? Suppose the stack is filled with a , b , c , and d . Now enter and add two new numbers: 5 ＋ 6 ： a[...]

272 E: RPN: The Stack File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 3. Calc ul ate f utur e sales by pr essing * for eac h of the next 3 years. 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 E E E 2 84 84 * 168 * 336 * 672 Sales for the next 3 years are projected to be $168,000; $336,000; and $672,000. C l ear ing Numbers Clearing One Numbe[...]

E: RPN: The Stack 273 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 T a Z b Y c X d @c 0.00 Because of the automatic move m e n t o f t h e s t a c k , i t i s not necessary to clear the stack before starting a calculation. Note that if an application menu is currently displayed, pressing @c a l s o c l e a r s t h e applicat[...]

274 E: RPN: The Stack File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: 96.74 E ,'&-+" 52.39 + #+,&#%" Intermediate result. @L .$&%," Retriev es the number before the + operation, saved in LAST X. / $&*." Final result. C hain Calc ulations The automatic lifting [...]

E: RPN: The Stack 275 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Exerc ises Here are some extra problems that you can do to practice using RPN. Calculate: (14 + 12) x (18 – 12) ÷ (9 – 7) ＝ 78.00 A Solution: 14 E 12 + 18 E 12 -* 9 E 7 -/ Calculate: 23 2 – (13 x 9) + 1 / 7 ＝ 412.14 A Solution: 23 @w 13 E 9 *- 7 @t[...]

276 F: RPN: Selected Exampl es File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 F RPN: Selected Examples The following examples selected from chapter 14 (“Additional Examples”) have been converted to RPN keystrokes. These examples illustrate how to convert algebrai c to RPN keystrokes in less common situat ions: with % , wit[...]

F: RPN: Selected Examples 277 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 adjus t the mor tgage amount to r eflec t the points paid ( PV = $6 0, 000 － 2 % ). A l l o t h e r v a l u e s r e m a i n t h e s a m e ( t e r m i s 3 0 y e a r s ; n o f u t u r e val u e) . Keys: Display: Description: " ] . @c e " &qu[...]

278 F: RPN: Selected Exampl es File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " ] . @c e " " " #$ 5?@2 H<A" 0EAH" If necessary, sets 12 payments per year and End mode. 10 @ T <8#$(&((" Stores total number of payments. 1000000 E 12 % " #$(K(((&((&[...]

F: RPN: Selected Examples 279 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Keys: Display: Description: " r " Displays current cash-flow list and CFLO menu keys. @c W or p s " " " G9ECL(T8U" Clears current list or gets a new one. Step 1: Set up a CFLO list. Keys: Display: Description: 0 I G9ECL#T[...]

280 F: RPN: Selected Exampl es File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 0 I 11 I G9ECL'T8U" Stores cash flows of zer o for the next 11 months. 15000 II G9ECL-T8U" Stores third withdrawal, for junior year. 0 I 11 I G9ECL*T8U" Stores cash flows of zero for the next 11 months. 15000 II G9ECL,T8U" St[...]

F: RPN: Selected Examples 281 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 after-tax future value of the account ? A s s u m e o n l y t h e i n t e r e s t w i l l b e taxed (the principal was taxed be fore deposit). 5) What is the purchasing power of that amount, in today’s dollars, assuming an 8% annual inflation rate ?[...]

282 F: RPN: Selected Exampl es File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 8 U 0 W V " 5O8/$$K,,.&%'" Calculates present-value purchasing power of the above after-tax FV at 8% inflation rate. Example: Taxable Retirement Acco unt. If you invest $3,000 each year for 35 years, with dividends taxed as ordinar[...]

Error Messages 283 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Error Messages The calculator beeps and displays an error message under certain circumstances － for example, when you attemp t an operation that is not allowed. The calculator distinguishes between m ath errors that occur on the calculator line and other types[...]

284 Error Messages File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Attempted to take the base 10 or natural log of a negative number or zero. This can happen during curve-fi tting calculations if you attempt to calculate: ! A logarithmi c for ecasting model w i th a negati ve or z er o x -v alue . ! An e xponential model w ith [...]

Error Messages 285 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 The numbers stored into built-in vari ables caused a division by zero in the calculation. You must c hange one or more stored value s. (Refer to the equations in appendix B to see which variables appear in the divisor.) ;<F4GG;7;H<: A1:1" ! A ttempted[...]

286 Error Messages File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ! The number en ter e d cannot be interpr eted as a pr oper date. Chec k its for mat (page 143). ! At temp ted to s et a date outsi de the r ange 1/1 /2000 thr ough 12/31/20 99 , or attempted date arithmeti c outside the r ange 10/15/15 8 2 thr ough 12/31/9 99 9[...]

Error Messages 287 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 01<@ E2 <E FE94:;E<F" The calculator is una ble to calculate I%YR . Check the values stored in PV , PMT , and FV . Make sure the signs of the numbers are correct. If the values of PV , PMT, and FV are correct, the calculation is too complex for the[...]

288 Error Messages File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 No solution was found for a Solver equation using the current values stored in its variables. Refer to page 246 in appendix B. 4<AH2G9EC" A warning － not an error － th at the magnitude of a result is too small for the calculator to handle, so it retu[...]

Index 289 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Index # Spec ial C harac ters - , 47 lo w-battery annunci ator , 17 , 184 , 224 shift annunc iator , 19 % , 40 %T O TL menu formu la, 247 using, 51 & , 22 Σ , 13 9 , 171, 176 – 77 , 2 2 0 G , 35 F , 35 ^ , 78 q , 92 , 95 , 9 6–9 7 s , 12 7 J , 49 , 50 K , 49 , 5[...]

290 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 0 , 3 6, 26 2 € , 10 9 , key , 34 c thr ough d , 14 5 [ , appoin tment-setting menu , 14 5 ABS (a bsolute value) f unction , 16 9 Acc rued inter est, on bond , 10 9 , 111 Accuracy of t he clock, 23 1 Acknow l edg ing appo intments, 14 7 Actu al c ale ndar actuar ial eq[...]

Index 291 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 RPN ex amples , 2 7 5 Arit hm et ic prio rit y , 15 4 Arr ow k eys for c hanging c urr ent equation , 15 6 for edit ing, 32 for f inding an equation , 16 2 for rolling the histor y stack , 43 for vie wing lo ng equ at ion s, 16 6 B E , 56 › , 13 2 a , 78 Z , 64 † , 1[...]

292 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 9 , 55 U , 56 V , 56 ) key , 53 = , F , 56 @c , 20 , 28 – 29 C , 17 , 20 , 3 2 v , 16, 17 , 2 6 2 CAL C menu in CFL O menu , 10 1 in S O L VE menu , 15 8 – 59 in S UM menu, 12 8 in TIME men u, 15 0 Calcula tions, R PN or der of , 2 7 4 pa ren t he s is i n, 266, 2 7 [...]

Index 293 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 signs o f numb ers , 92 starting a new lis t , 99 vie wi n g n a m e o f cu r re nt l i st, 99 vie wi n g nu m b e r s, 97 Chain calc ulations, 21, 38 – 39 , 38 in R P N, 266, 2 7 4 Chan gin g batteries , 22 5 – 26 the sign of a n umber , 22 Char acters for CFL O lis[...]

294 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Cor relation coe f f ic ient , 13 2 Cost mark up on, 4 9 , 52 of capi tal, 101 Counter var iable,in summation fun ctio n, 17 6 Coup on basis, 10 8 – 9 pay ments, 10 8 Cr eating a CFL O list , 94 – 96 , 99 a new equati on , in the Sol ver , 157 – 58 a S UM list, 12 [...]

Index 295 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 14 4 DD A Y S, 16 9 Decimal places , 34 , 4 7 Dec imal point , 35 Declining balance depr eci ation. See Depr eci ation Deletin g al l i nfo rma tion, 2 25, 228 – 31 char acters, 32 equati ons, 16 2 – 64 fr om a CFL O list , 98 , 10 0 fr om a SUM list , 12 5 , 12 7 va[...]

296 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 E diting al ph abe tic in form at ion, 31 – 32 equati ons, 161 keys, 31 – 32 Effectiv e i nter est rate, 84 – 87 , 100 End pay ment mode, 64 , 6 5 Ending value , in summation fun ctio n, 17 6 English language , setting , 224 Enter ing equati ons, 157 – 58 guesses[...]

Index 297 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 X key , 63 + key , 34 F ace value, bond , 11 0 FA C T, 16 9 Fa c t o r i a l , 42, 16 9 FIN menu , 256 – 57 FL O W , Solv er , 16 9 Fo re c a s t i n g calc u lations , 13 0 – 37 equati ons, 25 1 values , 121, 13 2 – 34 F ore ign language, 224 F ormatting number , [...]

298 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 t , 101 u , 101 ' , 18 U key , 63 S , G , 56 I , 98 for stor ing equations, 30 in CFL O menu , 92 in RPN, 2 64 in the Sol ver list , 15 7 – 58 in S UM list, 12 3 I%, 101 ICNV equati ons, 248 menu , 84 – 85 vari ab le s, cle a rin g, 86 IDIV , 170 IF , 17 0 , 17 [...]

Index 299 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ITE M, 17 0 Iter ation in Sol ver , 17 9 – 83 , 24 0 , 242 – 46 L ˆ , 11 5 • , 13 2 k , 18 6 o , 42 3 , 42 L , 44 in RPN, 2 7 3 Lan gu age, s ett in g, 224 Large num ber avai l ab le, 47 in a list , 12 8 Lar ge numbers , k ey ing in and display ing, 47 Las t r esu[...]

300 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 ) key , 25 @A , 22 – 26 @M , 37 MAIN menu , 19 Manual , or gani zati on of , 16 Mark up on cost , 4 9 , 52 on pri ce, 4 9 , 52 Math in equati ons, 16 5 , 16 7 MA TH menu, 4 2 , 260 MAX, 17 0 Mean, 25 1 calc u lating , 12 8 – 30 wei g ht e d, 13 8 – 39 Median , 25 1[...]

Index 301 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 in arithme tic , 21, 38 – 40 in equati ons, 16 5 N O , 56 b , 78 S , 63 o in CFL O list , 98 – 99 in S UM list, 12 6 v , 101 w , 101 x , 101 / , 157 @ , 56 B , 56 J , 56 4 , 42 j , 85 – 86 @ S , 6 3 N, n on - i nt eg er , 63 , 7 2 Names of e qua tion s, 161 of list[...]

302 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 O , 17 Odd-peri od calculatio ns, 17 2 – 73 , 19 5, 25 3 Operator s, in equ ations , 16 4 – 67 in RPN, 26 6 , 26 8 , 27 4 Option t o buy , for a leas e, 74 – 75 OR, 174 Or der of calc ulation , in the Solver , 16 5 OT H E R m e n u, 14 6 – 47 Over due appointment[...]

Index 303 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 85 – 86 P eriodic inter est r ate, 101 P eriodi c rate of r eturn, 10 0 Pe r i o d s , 35 . See also Pa y m e n t per iods in n umbers in numbers , 35 PI, 42 , 17 0 PM T . See also Pa y m e n t s in TVM, 63 r ounded amortiz ation calc u lations , 78 P ositi v e number [...]

304 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 R “ , 12 8 b , 14 5 7 , 55 K , 56 P , 56 1 , 3 6 m , 18 6 R , 56 @r , 35 ~ , 4 3 , 263 R , 45 – 46 , 98 in RPN calc ulations , 2 66 wi t h v a ria b l es , 28 R ↑ , 263 Radi x (decim al point) , 34 Ran g e calc u lating , 12 8 of nu mbe rs, 48 Rate o f r eturn , pe[...]

Index 305 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 C , 56 Q , 56 l , 18 6 ¡ , 13 2 @S , 34 s , 45 – 46 calc u lations w ith, RPN , 2 66 S (functi on) , 17 0 Sample st andar d dev iation , 12 8 Sav i ng nu mbers, 43 Sav ings account, 71–7 2 college , 202 – 6 college , RPN, 2 7 8 re gu l a r , 200 – 202 re ti re m[...]

306 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 def inition , 15 3 deleting equati ons, 15 7 , 16 2 – 64 deleting var iables f rom , 16 2 – 64 editing an equati on, 157 empty , 15 6 entering equati ons, 157 – 58 printing , 18 7 Sol ver menu , 15 6 – 57 for mul ti ple equ at ion s, 17 8 Solver sol ution s, t yp[...]

Index 307 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 corr ecting , 12 4 crea ti n g, 12 3 – 24 def inition , 12 1 – 22 deleting numbers , 12 5 editing, 12 2 , 12 4 – 25 entering number s in, 12 3 – 24 FRC S T menu , 13 2 GETting a ne w list , 12 7 inserting n umber s, 12 4 lar gest number in , 12 8 name , deleting,[...]

308 Index File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 T u rning calc ulator on and off, 17 TVM calc u lations , 61 – 83 equatio n , 247 instru cti o n s, 66 – 67 menu , 61 – 64 , 66 vari ab le s, cle a rin g, 64 T yping ai ds, 16 7 T yping alpha betic c haracter s, 30 U ; , 56 > , 56 Unackno wledged a ppointments ,[...]

Index 309 File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 Y • , 10 9 ‹ , 11 5 M , 56 u , 41, 2 6 5 Yi e l d of le ase, 74 – 75 to call, bonds , 108 to maturity , bond, 10 8 y -inter cept , in c ur ve- f itting, 13 2 , 134 y -values , in fo r ecasting , 13 3 – 34 Z Z ero-coupon bond, 11 3[...]

File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/1 1 This r egulation applies only t o T h e N et h erlands Batteri es are deli ver ed with this pr oduct , when empty do not thro w t he m away bu t c ol l e ct as s m al l che mic a l wa ste. Bij dit pr odukt zijn bat ter ijen gelev er d . W anneer deze leeg zijn, moet u z e niet weg[...]