HP 12c Financial Calculator Quick Start Guide Edition 1 HP Part Number: F2230-90201
Legal Notices This manual and any examples contained herein are provided "as is" and are subject to change without notice. Hewlett-Packard Company makes no warranty of any kind with regard to this manual, including, but not limited to, the implied warranties of merchantability, non-infringement and fitness for a particular purpose.
Table of Contents Welcome to your HP 12c Financial Calculator ........................... 1 The Keys................................................................................ 1 Customizing the Calculator ...................................................... 2 Storage Registers and Continuous Memory ................................ 7 Reverse Polish Notation (RPN) Mode......................................... 7 Keys and Functions ...............................................................
Contents
1 Getting Started Welcome to your HP 12c Financial Calculator This booklet is intended to get you started quickly with the basic features of your 12c Financial Calculator. Use it for quick reference. For more detailed information about the 12c Financial Calculator, refer to the HP 12c Financial Calculator User’s Guide.
• • • Pressing the To specify the primary function printed on the upperface of a key, press the key alone. To specify the alternate function printed in gold above a key, press the gold prefix key (T), then press the function key. To specify the alternate function printed in blue on the lower face of a key, press the blue prefix key (U), then press the function key. T or U prefix key turns on the corresponding status indicator — f or g — in the display.
are included for reference. Refer to these pages of the user’s guide for more information. Table 1-1 Basic Functions Functions Display/Description Turn calculator on/off (page 16). Turns calculator on. Pressing S again turns the calculator off. The calculator turns off automatically 8 to 17 minutes after it was last used. The low battery symbol (*) appears when battery power is nearly exhausted. Refer to the section below titled, Replacing the Batteries for instructions on replacing the batteries.
Table 1-1 Basic Functions Functions Display/Description Digit separator (page 17). 1. The default separator is a comma (see above). 2. Turn the calculator off first by pressing S. 3. Press and hold . and then press and release S to change the digit separator from a comma to a point. 4. Perform the same steps again to change the point to a comma. Payment mode (page 37). Press Ug to set the payment mode for cash flow problems.
Table 1-1 Basic Functions Functions Calendar format. Monthday-year (M.DY) or daymonth-year (D.MY) (pages 29-31, 175, and 187). Display/Description Press Uq or Up to set the date format. The default setting is M.DY. The screen above shows December 3, 2010 in M.DY format. 1. Press Uq. 2. Key in one or two digits for the month. 3. Press .. 4. Key in two digits for the day. 5. Key in four digits for the year. 6. Note: at this point, pressing R displays the date in the selected number display format. 1.
Table 1-1 Basic Functions Functions Display/Description Compound interest (pages 39-53, 186). Press VL followed by dates separated by R to specify the compound interest option for oddperiod calculations of interest (i), Present Value (PV), Payment (PMT), and Future Value (FV). Note the “C” indicator appears. The default setting performs calculations for PV, PMT, and FV using simple interest. Press VL again to return to the default setting. Program mode (page 88).
Storage Registers and Continuous Memory Numbers (data) are stored in memories called “registers.” Special registers are used for storing numbers during calculations, the “stack” registers, and the “Last X” register, which is used for storing the last number in the display before operations are performed in RPN mode. Numbers are stored automatically in these registers. There are also registers in which you can manually store data, designated R0 through R9 , R.0 through R.
The result, 3.00, is calculated and displayed immediately. There are four special registers used for storing numbers during calculations, which are stacked on top of one another. Called “the stack,” these registers are designated X,Y, Z, and T. X is on the bottom, and T is on the top. Unless the calculator is in Program mode, the number in the display is the number in the X-register. Primarily, the numbers in the X- and Y-registers are the numbers used in calculations.
Table 1-2 RPN Example Keys Display/Description 3R4; Enters numbers and operation from the first set of parentheses. The sum, 7, is displayed and stored in the X-register. 5R6; Enters the numbers and operation from the second set of parentheses. The sum, 11, is stored in the Xregister and displayed, and 7 moves up to the Yregister. * Finishes the operation and displays the results. Stores 77 in the X-register.
Keys used to rearrange the stack: • • • Pressing the P key exchanges the numbers in the X-and Y-registers (pages 74 and 172). Pressing the O key performs a roll down of the stack, where each number in the registers is copied into the register below, and the number formerly in the X-register is copied into the T-register (page 172). Pressing Ur recalls the number displayed before the previous operation back into the displayed X-register. (pages 74 and 176).
Table 1-3 Keys and Functions Key(s) F Change sign L Enter exponent Q Description and Page Number in the User’s Guide Changes sign of number or exponent displayed in the X-register (page 17). For very large or very small numbers. Enter the mantissa. After pressing, L, the next numbers keyed in are exponents of 10 (page 18). Clears contents of display and X-register to zero. (page 18). Clear T Clear statistics TFIN Clears statistics registers R1-R6 and stack registers (page 76).
Table 1-3 Keys and Functions Key(s) T PREFIX Cancel V Store W Recall K Percentage J Percent difference I Percent of total 12 Description and Page Number in the User’s Guide After T, U, key (page 17). V, W, or u, cancels that Press Vand key in the register number (0-9 for registers R0 -R9, or . 0-9 for registers R.0 -R.9) to store displayed number in a specified storage register. Also used to perform storage register arithmetic (pages 23-24).
Table 1-3 Keys and Functions Key(s) Description and Page Number in the User’s Guide Key in start date and press R. Key in the number of days from entered date (if date is in the past, Calculates date press F). Press Uf. Displays date and the and days from a day of the week as a number 1-7 to the right of the starting date display: 1 is for Monday; 7 is for Sunday (pages 29-30). Uf Key in the earlier date and press R. Key in the later date and press Uo.
Table 1-3 Keys and Functions Key(s) U! Description and Page Number in the User’s Guide Calculates factorial of number displayed in the Xregister (page 83). Factorial Uk Natural antilogarithm. Raise e to power of the number displayed in the X-register (page 83). ex Ul Calculates natural logarithm (base e) of the number in the displayed X-register (page 83). LN T RND Round Rounds mantissa of 10-digit number in X-register to match the display (page 83).
Table 1-3 Keys and Functions Key(s) T INT Description and Page Number in the User’s Guide Calculates simple interest (page 33). Simple interest A Stores or calculates number of compounding periods in financial problems (page 35). Compounding periods Ua Multiplies a number in displayed X-register by 12 and stores the value in the i-register (page 39). B Stores or computes interest rate per compounding period (pages 32, 36).
Table 1-3 Keys and Functions Key(s) E Description and Page Number in the User’s Guide Stores or calculates the future value (final cash flow) of a financial problem (pages 32, 36). Future value T AMORT Amortization T NPV Net Present Value T IRR Internal Rate of Return Uc Cash flow Ud Cash flow 16 Amortizes x number of periods using values stored in D, B, C, and the display. Updates C and A (page 54).
Table 1-3 Keys and Functions Key(s) T SL Depreciation T PRICE Bond price T YTM Bond yield Ue Cash flow T SOYD Depreciation T DB Depreciation Description and Page Number in the User’s Guide Calculates depreciation using straight-line method (page 68). Calculates bond price, given desired yield to maturity (page 67). Calculates yield to maturity, given bond price (page 67). Stores the number of times (from 1 to 99) each cash flow occurs as Nj. Assumes 1 unless otherwise specified (page 61).
Basic Financial Calculation Example Table 1-4 illustrates how easily you can perform financial calculations using the HP 12c Financial Calculator. For more examples and information on financial problems, including cash flows and using cash flow diagrams, refer to section three of the HP 12c Financial Calculator User’s Guide, titled, Basic Financial Functions. Calculate the monthly payment amount on a 30-year loan of 125,000.00 with a 6.9% annual interest rate, compounded monthly.
Keys Display/Description 6.9 Ub Enters the annual interest rate in terms of the basic compounding period (6.9% divided by 12 months per year). 360 A Enters the number of monthly compounding periods (n) for a 30-year loan (12 payments per year x 30). 125 000 C Enters the present value of the loan. 0E Enters the future value of the loan after is has been paid off (0.00).
Keys Display/Description D Calculates monthly payment amount. Note the sign is negative; it is money you pay out. Warranty and Contact Information Replacing the Batteries The calculator uses two, 3 Volt CR2032 Lithium batteries. The low battery symbol (*) appears when battery power is nearly exhausted. Use only fresh batteries when replacing the battery. Do not use rechargeable batteries. To install a new battery: 1. With the calculator turned off, slide the back cover off. 2.
sive description of your limited warranty entitlements. In addition, you may also have other legal rights under applicable local law or special written agreement with HP. Limited Hardware Warranty Period Duration: 12 months total (may vary by region, please visit www.hp.com/support for latest information).
plied by HP, (c) unauthorized modification or misuse, (d) operation outside of the published environmental specifications for the product, or (e) improper site preparation or maintenance. HP MAKES NO OTHER EXPRESS WARRANTY OR CONDITION WHETHER WRITTEN OR ORAL. TO THE EXTENT ALLOWED BY LOCAL LAW, ANY IMPLIED WARRANTY OR CONDITION OF MERCHANTABILITY, SATISFACTORY QUALITY, OR FITNESS FOR A PARTICULAR PURPOSE IS LIMITED TO THE DURATION OF THE EXPRESS WARRANTY SET FORTH ABOVE.
Customer Care In addition to the one year hardware warranty your HP calculator also comes with one year of technical support. If you need assistance, HP customer care can be reached by either email or telephone. Before calling please locate the call center nearest you from the list below. Have your proof of purchase and calculator serial number ready when you call. Telephone numbers are subject to change, and local and national telephone rates may apply.
Country Hotline Phone Country Hotline Phone Cayman Island 1-800-711-2884 Chile 800-360-999 China 010-58301327 Columbia 01-8000-51-47468368 (01-8000-51HP INVENT) Costa Rica 0-800-011-0524 Croatia www.hp.com/ support Curacao 001-800-872-2881 + 800-711-2884 Czech Republic 296 335 612 Denmark 82 33 28 44 Dominica 1-800-711-2884 Dominican Republic 1-800-711-2884 Equador 1-999-119 ; 800711-2884 (Andinatel) 1-800-225-528; 800-711-2884 (Pacifitel) 24 Egypt www.hp.
Country Hotline Phone Country Hotline Phone Ghana www.hp.com/ support Greece 210 969 6421 Grenada 1-800-711-2884 Guadelupe 0-800-990-011; 800-711-2884 Guatemala 1-800-999-5105 Guyana 159 ; 800-7112884 Haiti 183 ; 800-7112884 Honduras 800-0-123 ; 800711-2884 Hong Kong 852 2833-1111 Hungary www.hp.com/ support Indonesia +65 6100 6682 Ireland 01 605 0356 Italy 02 754 19 782 Jamaica 1-800-711-2884 Japan 81-3-6666-9925 Kazakhstan www.hp.com/ support Latvia www.hp.
26 Country Hotline Phone Country Hotline Phone Montenegro www.hp.com/ support Montserrat 1-800-711-2884 Morocco www.hp.com/ support Namibia www.hp.com/ support Netherland Antilles 001-800-872-2881 ; 800-711-2884 Netherlands 020 654 5301 New Zealand 0800-551-664 Nicaragua 1-800-0164; 800711-2884 Norway 23500027 Panama 001-800-711-2884 Paraguay (009) 800-5410006 Peru 0-800-10111 Philippines +65 6100 6682 Poland www.hp.
Country Hotline Phone Country Hotline Phone St Kitts & Nevis 1-800-711-2884 St Lucia 1-800-478-4602 St Marteen 1-800-711-2884 Suriname 156 ; 800-7112884 Swaziland www.hp.com/ support Sweden 08 5199 2065 Switzerland 022 827 8780 Switzerland 01 439 5358 Switzerland 022 567 5308 Taiwan +852 2805-2563 Thailand +65 6100 6682 Trinidad & Tobago 1-800-711-2884 Tunisia www.hp.com/ support Turks & Caicos 01-800-711-2884 UAE www.hp.
Product Regulatory & Environment Information Federal Communications Commission Notice This equipment has been tested and found to comply with the limits for a Class B digital device, pursuant to Part 15 of the FCC Rules. These limits are designed to provide reasonable protection against harmful interference in a residential installation.
If you have questions about the product that are not related to this declaration, write to: Hewlett-Packard Company P.O. Box 692000, Mail Stop 530113 Houston, TX 77269-2000 For questions regarding this FCC declaration, write to Hewlett-Packard Company P.O. Box 692000, Mail Stop 510101 Houston, TX 77269-2000 or call HP at 281-514-3333 To identify your product, refer to the part, series, or model number located on the product.
This marking is valid for non-Telecom This marking is valid for EU nonproducts and EU harmonized Telecom harmonized Telecom products. *Notified products (e.g. Bluetooth). body number (used only if applicablerefer to the product label).
Disposal of Waste Equipment by Users in Private Household in the European Union This symbol on the product or on its packaging indicates that this product just not be disposed of with your other household waste. Instead, it is your responsibility to dispose of your waste equipment by handing it over to a designated collection point for the recycling of waste electrical and electronic equipment.
32 Getting Started
