

Due to its simple operation for key financial calculations, the calculator long ago became the de facto standard among financial professionals. Notice that the future value is larger in this case because you receive each cash flowĪt the beginning of the period, so each cash flow is exposed to one additionalĥ.The HP-12C is HP's longest and best-selling product, in continual production since its introduction in 1981. To enter data into a memory register press 9 for the last ten registers (yes that is a HP 12C provides 20 additional memory registers for data storage. To clear the single value and (X, Y) coordinate pairs from the statistical memory Clearing your work from the statistical data entry registers: It does not clear the memory registers for the TVM functions, so pleaseĥ. Over when you perform new TVM computations. If you do not clear your memory you many have erroneous data left This function is important because each TVM function button represents a This function clears all entries in the time value of money functions (n, i, PV, PMTĪnd FV). ! (This is the key to the left of the white key in the second row To clear the time value of money memory registers: ! (The word BEGIN will disappear from the display screen.)Ĥ. To switch back to the ordinary annuity mode, enter ! (The word BEGIN will be displayed at the bottom of the display screen.) To switch between annuity-due and ordinary annuity modes: To set the number of decimal places that show in your calculator display screen:įor the exam, I would make sure that the number of decimal places is set to 5.Ģ. The cash outflow that will occur in a TVM problem.ġ. Intuitively, this negative value represents Please note that your calculatorís sign convention requires that one of the TVM inputs Should understand these keystrokes before you begin work on statistical or Time Value of The following is a list of the basic preliminary set up features of your HP 12C. This user guide, all keys are referred to by their white coded function, as they are easier For the blue codedįunction, press the key at the bottom of the calculator followed by the desired key. Key at the bottom of the calculator followed by the desired key. For the orange coded function, press the To enable the whiteĬoded function, just press the desired key. Keys are assigned white, orange and blue color codes. Important note: The keys of the HP 12C calculator have been assigned multipleįunctions. In this tutorial, the following keystroke and data entry conventions will be used. This document is designed to provide you with (1) the basics of how your HP 12C financialĬalculator operates, and (2) the typical keystrokes that will be required on the CFAĮxamination.
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