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hp 17bII+ Financial Calculator
Owner’s Manual
Edition 2
Part Number F2234-90020
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Notice For warranty and regulatory information for this calculator, see the owner’s manual. This manual and any examples contained herein are provided “as is” and are subject to change without notice. Hewlett-Packard Company makes no warranty of any kind with regard to this manual, including, but not limited to, the implied warranties of merchantability and fitness for a particular purpose. Hewlett-Packard Co. shall not be liable for any errors or for incidental or consequential dam
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Welcome to the hp 17bII+ The hp 17bII+ is part of Hewlett-Packard’s new generation of calculators: The two-line display has space for messages, prompts, and labels. Menus and messages show you options and guide you through problems. Built-in applications solve these business and financial tasks: Time Value of Money. For loans, savings, leasing, and amortization. Interest Conversions. Between nominal and effective rates. Cash Flows. Discounted cash flows for calculating net present
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Contents 13 List of Examples 16 Important Information 1 17 Getting Started 17 Power On and Off; Continuous Memory 17 Adjusting the Display Contrast 18 Setting the Language 18 What You See in the Display 19 The Shift Key ( ) @ 19 Backspacing and Clearing 21 Doing Arithmetic 22 Keying in Negative Numbers ( ) & 22 Using the Menu Keys 23 The MAIN Menu 25 Choosing Menus and Reading Menu Maps 27 Calculations Using Menus 28 Exiting Menus ( ) e 28 Clearing Values i
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36 Error Messages 36 Modes 37 Calculator Memory ( ) @M 2 38 Arithmetic 38 The Calculator Line 38 Doing Calculations 40 Using Parentheses in Calculations 40 The Percent Key 40 The Mathematical Functions 41 The Power Function (Exponentiation) 42 The MATH Menu 43 Saving and Reusing Numbers 43 The History Stack of Numbers 44 Reusing the Last Result ( ) @L 45 Storing and Recalling Numbers 46 Doing Arithmetic Inside Registers and Variables 47 Scientific
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59 Converting between Two Currencies 59 Storing and Recalling Sets of Currencies 60 Clearing the Currency Variables 5 61 Time Value of Money 61 The TVM Menu 64 Cash Flow Diagrams and Signs of Numbers 66 Using the TVM Menu 67 Loan Calculations 71 Savings Calculations 74 Leasing Calculations 77 Amortization (AMRT) 78 Displaying an Amortization Schedule 82 Printing an Amortization Table 6 84 Interest Rate Conversions 85 The ICNV Menu 85 Converting Inter
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8 108 Bonds 108 The BOND Menu 110 Doing Bond Calculations 9 114 Depreciation 114 The DEPRC Menu 116 Doing Depreciation Calculations 116 DB, SOYD, and SL Methods 118 The ACRS Method 119 Partial-Year Depreciation 10 121 Running Total and Statistics 122 The SUM Menu 123 Creating a SUM List 123 Entering Numbers and Viewing the TOTAL 124 Viewing and Correcting the List 126 Copying a Number from a List to the Calculator Line 126 Naming and Renaming a
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142 The Time Menu 143 Setting the Time and Date (SET) 144 Changing the Time and Date Formats (SET) 144 Adjusting the Clock Setting (ADJST) 145 Appointments (APPT) 145 Viewing or Setting an Appointment (APT1-APT10) 147 Acknowledging an Appointment 148 Unacknowledged Appointments 148 Clearing Appointments 149 Date Arithmetic (CALC) 150 Determining the Day of the Week for Any Date 150 Calculating the Number of Days between Dates 151 Calculating Past or Future
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179 How the Solver Works 180 Halting and Restarting the Numerical Search 181 Entering Guesses 13 184 Printing 185 The Printer’s Power Source 185 Double-Space Printing 185 Printing the Display( ) P 186 Printing Other Information ( ) @p 186 Printing Variables, Lists, and Appointments (LIST) 188 Printing Descriptive Messages (MSG) 188 Trace Printing (TRACE) 189 How to Interrupt the Printer 14 190 Additional Examples 190 Loans 190 Simple Annual Interest
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A 222 Assistance, Batteries, Memory, and Service 222 Obtaining Help in Operating the Calculator 222 Answers to Common Questions 224 Power and Batteries 224 Low-Power Indications 225 Installing Batteries 227 Managing Calculator Memory 228 Resetting the Calculator 229 Erasing Continuous Memory 230 Clock Accuracy 230 Environmental Limits 230 Determining If the Calculator Requires Service 232 Confirming Calculator Operation: Self-Test 233 Warranty 235 Se
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248 Cash-Flow Calculations 215 Bond Calculations 250 Depreciation Calculations 251 Sum and Statistics 251 Forecasting 252 Equations Used in (Chapter 14) 252 Canadian Mortgages 253 Odd-Period Calculations 253 Advance Payments 253 Modified Internal Rate of Return C 254 Menu Maps D 261 RPN: Summary 261 About RPN 261 About RPN on the hp 17bII+ 262 Setting RPN Mode 263 Where the RPN Functions Are 264 Doing Calculations in RPN 264 Arithmetic Topic
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273 Reusing Numbers 274 Chain Calculations 275 Exercises F 276 RPN: Selected Examples 283 Error Messages 289 Index 12 Contents File name : English-M02-1-040308(Print).doc Print data : 2004/3/9
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List of Examples The following list groups the examples by category. Getting Started 25 Using Menus 29 Using the Solver Arithmetic 40 Calculating Simple Interest 178 Unit Conversions 190 Simple Interest at an Annual Rate (RPN example on page 276) General Business Calculations 50 Percent Change 51 Percent of Total 52 Markup as a Percent of Cost 52 Markup as a Percent of Price 53 Using Shared Variables 159 Return on Equity Currency Exchange Calculati
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72 An Individual Retirement Account 74 Calculating a Lease Payment 75 Present Value of a Lease with Advanced Payments and Option to Buy 80 Displaying an Amortization Schedule for a Home Mortgage 82 Printing an Amortization Schedule 172 Calculations for a Loan with an Odd First Period 191 Discounted Mortgage 193 APR for a Loan with Fees (RPN example on page 276) 194 Loan from the Lender’s Point of View (RPN example on page 277) 196 Loan with an Odd First Period 197 Loan
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Bonds and Notes 111 Price and Yield of a Bond 112 A Bond with a Call Feature 113 A Zero-Coupon Bond 215 Yield to Maturity and Yield to Call 217 Price and Yield of a Discounted Note Depreciation 117 Declining-Balance Depreciation 118 ACRS Deductions 120 Partial-Year Depreciation Running Total and Statistical Calculations 125 Updating a Checkbook 128 Mean, Median, and Standard Deviation 134 Curve Fitting 138 Weighted Mean 218 A Moving Average in Manufacturin
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Important Information Take the time to read chapter 1. It gives you an overview of how the calculator works, and introduces terms and concepts that are used throughout the manual. After reading chapter 1, you’ll be ready to start using all of the calculator’s features. You can choose either ALG (Algebraic) or RPN (Reverse Polish Notation) mode for your calculations. Throughout the manual, the “in the margin indicates that the examples or keystrokes must be “ v performed differen
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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 mode. Appendixes D, E, and F explain how to use your calculator in RPN mode. v The mode affects only arithmetic calculations—all other operations, including the Solver, work the same in RPN and ALG modes. Power On and Off; Continuous Memory To turn on the calculator, press (clear) (note ON printed below C the key). To
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Setting the Language The calculator can display information in six different languages. The language initially used by the calculator was preset at the factory. To change the language: 1. Press the . @ > 2. Press to display the INTL menu, which stands for "international". 3. Press the appropriate menu key to change the language. Table 1-1. Keys for language Key Description German English Spanish French Italian Portuguese What You See in the Displa
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Alarm going off Shift ( ) is Sending information @ Batteries low. (or past due). active. to the printer. (page 224) (page 147) (page 19) (page 184) Annunciators Calculator Cursor line Menu labels for the MAIN menu. To display the MAIN menu, press (that is, first , then @A @ ). e The Shift Key ( ) @ Some keys have a second, shifted function printed in color above the key. The colored shift key accesses these operations. For example, pressing a
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Table 1-2. Keys for Clearing Key Description Backspace; erases the character before the cursor. < Clear; clears the calculator line. (When the calculator C is off, this key turns the calculator on, but without clearing anything.) This clears all information in the current work area @c (menu). For example, it will erase all the numbers in a list if you are currently viewing a list (SUM or CFLO). In other menus (like TVM), clears @c all of the values that have been stored. In SOLV