HP 20b Business Consultant Financial Calculator Manual
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HP 20b Business Consultant Financial Calculator Manual For free training, visit www.hp.com/go/calctraining HP part number: F2219-90201 First edition: August 2008
HP 20b Business Consultant Financial Calculator Manual For free training, visit www.hp.com/go/calctraining HP part number: F2219-90201 First edition: August 2008
HP 20b Business Consultant Financial Calculator Manual
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... Notices Revision History...2 HP 20b Business Consultant Keyboard Keyboard Map Legend ...6 1 Basic Features Welcome to the HP 20b Financial Calculator 7 Turning the Calculator On and Off 7 Selecting a Language ...7 Adjusting the Display Contrast 7 Cursor ...7 Two Line Display ...8 The Mode Menu: Setting Preferences 8 Changing the Calculation Mode 10 Key Presses and the Secondary Function : Key 11 Annunciators ...11 The I Key ...12 The = Key ...12 Using the I and = Keys 12 Editing and Clearing Entries 13 The On/CE O Key ...13 The Reset :x Menu ...13 Notes...
... Notices Revision History...2 HP 20b Business Consultant Keyboard Keyboard Map Legend ...6 1 Basic Features Welcome to the HP 20b Financial Calculator 7 Turning the Calculator On and Off 7 Selecting a Language ...7 Adjusting the Display Contrast 7 Cursor ...7 Two Line Display ...8 The Mode Menu: Setting Preferences 8 Changing the Calculation Mode 10 Key Presses and the Secondary Function : Key 11 Annunciators ...11 The I Key ...12 The = Key ...12 Using the I and = Keys 12 Editing and Clearing Entries 13 The On/CE O Key ...13 The Reset :x Menu ...13 Notes...
HP 20b Business Consultant Financial Calculator Manual
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Two-Number Functions ...26 Storing and Recalling Numbers 27 Recall Arithmetic...28 Storing and Recalling with Time Value of Money (TVM) Keys 28 Recalling a Menu Item Value in a Menu 28 Rounding Numbers...28 Percentages...28 3 Time Value of Money Time Value of Money (TVM) Keys 30 Calculating Payments on a Loan 32 Amortization ...33 Creating an Amortization Schedule 34 Interest Conversion Menu 35 Using the Interest Conversion Menu 35 Canadian Mortgages: TVM Canada 36 Canadian Mortgage...
Two-Number Functions ...26 Storing and Recalling Numbers 27 Recall Arithmetic...28 Storing and Recalling with Time Value of Money (TVM) Keys 28 Recalling a Menu Item Value in a Menu 28 Rounding Numbers...28 Percentages...28 3 Time Value of Money Time Value of Money (TVM) Keys 30 Calculating Payments on a Loan 32 Amortization ...33 Creating an Amortization Schedule 34 Interest Conversion Menu 35 Using the Interest Conversion Menu 35 Canadian Mortgages: TVM Canada 36 Canadian Mortgage...
HP 20b Business Consultant Financial Calculator Manual
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... 1 Time Value of Money keys 3 2 Cash Flows, IRR, and NPV 4 menus 3 Data and Statistics menus 9 4 Input key 1 5 Memory menu 1 6 Up/Insert and Down/Delete 1 keys 7 Secondary function key 1 8 On/Off and clear entry key 1 6 No. Feature Chapter(s) 16 Annunciator display area 1 15 Amortization and Depreciation 3,8 menus 14 % key and Percent 2,6 Calculation menu 13 Store and Recall 2 12 Break-even menu 6 11 Backspace key and Reset 1 menu 10 Math Menu 2 9 Mathematical function keys 2 HP 20b Business Consultant Keyboard HP 20b Business Consultant...
... 1 Time Value of Money keys 3 2 Cash Flows, IRR, and NPV 4 menus 3 Data and Statistics menus 9 4 Input key 1 5 Memory menu 1 6 Up/Insert and Down/Delete 1 keys 7 Secondary function key 1 8 On/Off and clear entry key 1 6 No. Feature Chapter(s) 16 Annunciator display area 1 15 Amortization and Depreciation 3,8 menus 14 % key and Percent 2,6 Calculation menu 13 Store and Recall 2 12 Break-even menu 6 11 Backspace key and Reset 1 menu 10 Math Menu 2 9 Mathematical function keys 2 HP 20b Business Consultant Keyboard HP 20b Business Consultant...
HP 20b Business Consultant Financial Calculator Manual
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... turn it off after approximately five minutes to conserve energy. Press until English displays on the screen. Press to return to access the Mode menu. The calculator automatically turns itself off , press . 1 Basic Features Basic Features Welcome to the HP 20b Financial Calculator This manual is displayed. Refer to the section titled, Contents for instructions on your new 20b Financial Calculator. To select a language other than English: :u 1. I 3. To turn on replacing the batteries. It includes menu maps, example problems...
... turn it off after approximately five minutes to conserve energy. Press until English displays on the screen. Press to return to access the Mode menu. The calculator automatically turns itself off , press . 1 Basic Features Basic Features Welcome to the HP 20b Financial Calculator This manual is displayed. Refer to the section titled, Contents for instructions on your new 20b Financial Calculator. To select a language other than English: :u 1. I 3. To turn on replacing the batteries. It includes menu maps, example problems...
HP 20b Business Consultant Financial Calculator Manual
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... no operations have entered, or results. Throughout this manual, this line is referred to customize the calculator. To access the Mode menu, press . Table 1-1 lists the items in Figure 1. Basic Features Figure 1 Display Screen The top line of the screen displays operation status, operator symbols, annunciators, and abbreviations of the registers, variables, and menu names. Throughout this manual, this line is referred to scroll through the other options for that setting. The bottom line displays numbers...
... no operations have entered, or results. Throughout this manual, this line is referred to customize the calculator. To access the Mode menu, press . Table 1-1 lists the items in Figure 1. Basic Features Figure 1 Display Screen The top line of the screen displays operation status, operator symbols, annunciators, and abbreviations of the registers, variables, and menu names. Throughout this manual, this line is referred to scroll through the other options for that setting. The bottom line displays numbers...
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...: TVM Canada in time value of money (TVM) Canada calculations. Changing the Calculation Mode After viewing the default settings, suppose you want to change the calculation mode from Chain to the right of digits displayed to RPN. Table 1-2 Changing the Calculation Mode Keys :u Display Description Opens the Mode menu, starting with first setting option, FIX, the number of the decimal point. Default is primarily used for Canadian mortgage calculations. I Pressing toggles between these options. TVM Standard or TVM Activate...
...: TVM Canada in time value of money (TVM) Canada calculations. Changing the Calculation Mode After viewing the default settings, suppose you want to change the calculation mode from Chain to the right of digits displayed to RPN. Table 1-2 Changing the Calculation Mode Keys :u Display Description Opens the Mode menu, starting with first setting option, FIX, the number of the decimal point. Default is primarily used for Canadian mortgage calculations. I Pressing toggles between these options. TVM Standard or TVM Activate...
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..., the key does not calculate a value for the Break-even Menu There are lit. Basic Features In this action can be the selection of a sub-menu (%calc menu), changing a mode or setting (Mode menu), or erasing data (Reset menu). 15 I = number and pressing stores that number in that item. 4. Read/write. Write-only items, such as the Degree/Radian option in the displayed menu item. = Pressing (outside of a mathematical operation) calculates the value for that the INPUT annunciator...
..., the key does not calculate a value for the Break-even Menu There are lit. Basic Features In this action can be the selection of a sub-menu (%calc menu), changing a mode or setting (Mode menu), or erasing data (Reset menu). 15 I = number and pressing stores that number in that item. 4. Read/write. Write-only items, such as the Degree/Radian option in the displayed menu item. = Pressing (outside of a mathematical operation) calculates the value for that the INPUT annunciator...
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Use scientific notation to 12 digits. } To change the sign of erases the last digit or symbol you entered. 2 Mathematical Calculations Mathematical Calculations Mathematical Functions Mathematical functions are located: On keys, such as, +-*/, etc. :p On shifted, or secondary functions, such as, In the Math menu, :s Number Entry and Display Numbers are entered by pressing: Numbered keys, 0-9 . The decimal point The } key The :w keys { { To correct a number entry, press the backspace key, . Each...
Use scientific notation to 12 digits. } To change the sign of erases the last digit or symbol you entered. 2 Mathematical Calculations Mathematical Calculations Mathematical Functions Mathematical functions are located: On keys, such as, +-*/, etc. :p On shifted, or secondary functions, such as, In the Math menu, :s Number Entry and Display Numbers are entered by pressing: Numbered keys, 0-9 . The decimal point The } key The :w keys { { To correct a number entry, press the backspace key, . Each...
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... Table 2-1 Simple Arithmetic Calculations in which they are entered. For example, in Algebraic mode, refer to right returns 9. Mathematical Calculations Chain Mode Calculations in Chain mode are interpreted in the order in Chain Mode Keys 1+ (2*3) = Display Description Sets operational priority, inputs numbers, and multiplies 2 and 3. Adds 1 to prioritize the multiplication operation. In Algebraic mode, operations between two numbers have a higher priority than addition and subtraction. For example, entering the following priority: Highest priority: the power function...
... Table 2-1 Simple Arithmetic Calculations in which they are entered. For example, in Algebraic mode, refer to right returns 9. Mathematical Calculations Chain Mode Calculations in Chain mode are interpreted in the order in Chain Mode Keys 1+ (2*3) = Display Description Sets operational priority, inputs numbers, and multiplies 2 and 3. Adds 1 to prioritize the multiplication operation. In Algebraic mode, operations between two numbers have a higher priority than addition and subtraction. For example, entering the following priority: Highest priority: the power function...
HP 20b Business Consultant Financial Calculator Manual
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Note that number. Mathematical Calculations (+) When an operation is saved. Pressing recalls that when the numbers are "popped" out to 3.000 Table 2-2 Last Number Keys :u3I Display Description Sets FIX= to add 23 and 41, Level 4 of the stack remains unchanged. -15 -15 12 64 Figure 4 The RPN Stack of the stack is performed on the stack, addition for instance, the calculator "pops...
Note that number. Mathematical Calculations (+) When an operation is saved. Pressing recalls that when the numbers are "popped" out to 3.000 Table 2-2 Last Number Keys :u3I Display Description Sets FIX= to add 23 and 41, Level 4 of the stack remains unchanged. -15 -15 12 64 Figure 4 The RPN Stack of the stack is performed on the stack, addition for instance, the calculator "pops...
HP 20b Business Consultant Financial Calculator Manual
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... numbers and operations inside the parentheses first, followed by the last number, 56.123. For more complex problems requiring two or more than one set of parentheses. Previous Value Previous Value Previous Value 7 5I6+ Inputs the numbers and the operation in the selected display format. Note the (+) annunciator. 20 Returns results in the second set operational priority. See Table 2-3. Table 2-2 Last Number Keys +:d/ Display Mathematical Calculations Description Adds 1.23 and 56.123, then divides the sum...
... numbers and operations inside the parentheses first, followed by the last number, 56.123. For more complex problems requiring two or more than one set of parentheses. Previous Value Previous Value Previous Value 7 5I6+ Inputs the numbers and the operation in the selected display format. Note the (+) annunciator. 20 Returns results in the second set operational priority. See Table 2-3. Table 2-2 Last Number Keys +:d/ Display Mathematical Calculations Description Adds 1.23 and 56.123, then divides the sum...
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... Function Mathematical Operations Keys :p Description Calculates sine. :q :r Calculates cosine. Calculates natural exponent to calculate 6 , press . Returns a random number in the Math menu, check whether the angle mode is calculated immediately and displayed on the top line. Mathematical Calculations 6:n For example, to the power of x. :n :f :g Calculates square root. The square root symbol ( ) appears on the bottom line. Table 2-4 lists one-number functions along with their corresponding keys. Executes the Random function. The result of 2.45 is set for degrees (Degrees...
... Function Mathematical Operations Keys :p Description Calculates sine. :q :r Calculates cosine. Calculates natural exponent to calculate 6 , press . Returns a random number in the Math menu, check whether the angle mode is calculated immediately and displayed on the top line. Mathematical Calculations 6:n For example, to the power of x. :n :f :g Calculates square root. The square root symbol ( ) appears on the bottom line. Table 2-4 lists one-number functions along with their corresponding keys. Executes the Random function. The result of 2.45 is set for degrees (Degrees...
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... calculations; Table 2-5 Math Menu Example Keys .5I :s Display I< I or = Mathematical Calculations Description Enters 0.5 and opens the Math menu starting with your original operation without losing your work. it calculates the value (V) for which you want the number. 3. The Probability Sub-menu Lower Tail Normal Distribution (LTND) calculates the probability for LTND; Student, Chi2, and F-Distribution and their inverse operations are special cases, as they require more than V is the inverse function for a normally distributed, random variable to execute a function...
... calculations; Table 2-5 Math Menu Example Keys .5I :s Display I< I or = Mathematical Calculations Description Enters 0.5 and opens the Math menu starting with your original operation without losing your work. it calculates the value (V) for which you want the number. 3. The Probability Sub-menu Lower Tail Normal Distribution (LTND) calculates the probability for LTND; Student, Chi2, and F-Distribution and their inverse operations are special cases, as they require more than V is the inverse function for a normally distributed, random variable to execute a function...
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... the number in memory 1, press . 5:$2 You can use during a calculation, you would perform calculations with and , : but press to access the secondary function key. For example, press to store 5 in memory 1, press 15:$1. To add 12 to the value of n items taken r at a time. n! Press :h. 3= 3. The results are numbered from 1-9 and 0. Mathematical Calculations nCr nPr Y x is displayed, or when you wish to enter a number. These memories are...
... the number in memory 1, press . 5:$2 You can use during a calculation, you would perform calculations with and , : but press to access the secondary function key. For example, press to store 5 in memory 1, press 15:$1. To add 12 to the value of n items taken r at a time. n! Press :h. 3= 3. The results are numbered from 1-9 and 0. Mathematical Calculations nCr nPr Y x is displayed, or when you wish to enter a number. These memories are...
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... not calculate the variable; When displayed, a number is 17, (5 +12). For more information, refer to the number of digits after . 12+L2= To perform the same operation in memory 2 is further rounded to the section titled, The Mode Menu: Setting Preferences in the Mode menu. Note: the FIX setting only affects the display; and / are valid mathematical operations for memories. :t < > To view the stored values in a Menu In a menu, you can change the value of any t memory...
... not calculate the variable; When displayed, a number is 17, (5 +12). For more information, refer to the number of digits after . 12+L2= To perform the same operation in memory 2 is further rounded to the section titled, The Mode Menu: Setting Preferences in the Mode menu. Note: the FIX setting only affects the display; and / are valid mathematical operations for memories. :t < > To view the stored values in a Menu In a menu, you can change the value of any t memory...
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Table 6-1 Date Calculation Example Key :@ Display Description Opens the Date Calculation menu. I Inputs the starting date in the selected format. 49 To open the Date Calculation menu, press . Assume the fiscal year ends on setting the preferences in the Mode Menu, see the section titled, The Mode Menu: Setting Preferences in the format required for the Date Calculation Menu The Date Calculation Menu The Date Calculation menu is used to calculate it. Date and calendar formats may be set in Chapter 1. Date Calculation Example How many days remain...
Table 6-1 Date Calculation Example Key :@ Display Description Opens the Date Calculation menu. I Inputs the starting date in the selected format. 49 To open the Date Calculation menu, press . Assume the fiscal year ends on setting the preferences in the Mode Menu, see the section titled, The Mode Menu: Setting Preferences in the format required for the Date Calculation Menu The Date Calculation Menu The Date Calculation menu is used to calculate it. Date and calendar formats may be set in Chapter 1. Date Calculation Example How many days remain...
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Break-even Table 7-1 Break-even Example Keys
Break-even Table 7-1 Break-even Example Keys
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...; See Statistics data menu, 61 date: actual, 47; example, 49 date format, 9 days between. Depr key, 56; methods, 56 descriptive: sub menu. secondary function, 11 keyboard map, 6 L language: selection, 7 last number, 19; See depreciation line: regression, 61 log: LN key. See Math menu logarithmic functions, 23 lower tail normal distribution, 25 M markup: as price, 53 math: Math key, 23 math functions, 16 Math menu: Absolute value, 24; Trigonometry, 24 mean, 61 memory, 13; Date Calculation, 49; Payment per year, 43 Chain mode, 17...
...; See Statistics data menu, 61 date: actual, 47; example, 49 date format, 9 days between. Depr key, 56; methods, 56 descriptive: sub menu. secondary function, 11 keyboard map, 6 L language: selection, 7 last number, 19; See depreciation line: regression, 61 log: LN key. See Math menu logarithmic functions, 23 lower tail normal distribution, 25 M markup: as price, 53 math: Math key, 23 math functions, 16 Math menu: Absolute value, 24; Trigonometry, 24 mean, 61 memory, 13; Date Calculation, 49; Payment per year, 43 Chain mode, 17...
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... Y, 61 salvage: depreciation, 58 scientific notation: EEX key, 16 scroll: up arrow key. two-variable, 61 statistics example, 63 stats menu, 61 storing numbers: STO key, 27 student, 25 sums: sub-menu. See Math Menu population, 61 power functions, 23 Predictions: sub-menu. one -variable weighted, 61; square of x: key, 23 square root key, 23 standard deviation, 61 start: amortization period, 33 start date: depreciation, 58 Index statistics: menu items, 62; square of money: keys, 32 top line: display, 8 total: cash flows, 43...
... Y, 61 salvage: depreciation, 58 scientific notation: EEX key, 16 scroll: up arrow key. two-variable, 61 statistics example, 63 stats menu, 61 storing numbers: STO key, 27 student, 25 sums: sub-menu. See Math Menu population, 61 power functions, 23 Predictions: sub-menu. one -variable weighted, 61; square of x: key, 23 square root key, 23 standard deviation, 61 start: amortization period, 33 start date: depreciation, 58 Index statistics: menu items, 62; square of money: keys, 32 top line: display, 8 total: cash flows, 43...