User manual HP 17BII+ FINANCIAL BUSINESS CALCULATOR

[. . . ] hp 17bII+ financial calculator user's guide Edition 2 HP part number F2234-90001 Notice REGISTER YOUR PRODUCT AT: www. register. hp. com 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. SHALL NOT BE LIABLE FOR ANY ERRORS OR FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MANUAL OR THE EXAMPLES CONTAINED HEREIN. © Copyright 1987-1989, 2003 Hewlett-Packard Development Company, L. P. Reproduction, adaptation, or translation of this manual is prohibited without prior written permission of Hewlett-Packard Company, except as allowed under the copyright laws. Hewlett-Packard Company 4995 Murphy Canyon Rd, Suite 301 San Diego, CA 92123 Printing History Edition 2 January 2004 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. [. . . ] (To insert the new entry at the bottom of the list, press @]. ) 2. Use the ALPHA menu to type in characters (see page 30), and use the regular keyboard to type in digits and arithmetic operators (+, =, yx, etc. ). If you make a mistake, use < to backspace or C to start over. Or press e to bring up the ALPHA-Edit menu. Press to verify that the equation is valid, and to create its menu labels. You now can proceed with your calculations. When you press the calculator displays: 12: The Equation Solver 157 while the Solver checks that the equation is mathematically valid. (However, the Solver has no way of checking whether the equation is the right one for your problem. ) If the equation cannot be solved, the calculator briefly displays: and the cursor will blink at the first character that the Solver could not interpret. (It is possible that your mistake is somewhere else, but this is a good place to start looking, since this is where the Solver got stuck. ) The ALPHA-Edit menu appears so you can make changes. Check to be sure you've made no typing mistakes, and that you've followed the rules for writing equations given on page 166 under "What Can Appear in an Equation. " An entry that is not an equation will be stored when you press I , but it cannot be verified when you press . Calculating Using Solver Menus (CALC) If pressing creates a Solver menu for your equation, then the equation is good (that is, mathematically valid). If the equation contains more than six variables, the Solver uses the label to switch between sets of menu labels. Calculator line Solver menu To test whether your equation is in fact correct, test it out by entering some values for which you already know the result, and see if the Solver's result is correct. To do a calculation using a Solver menu: 158 12: The Equation Solver 1. Store values in all but one of the variables (for example, 2000 , etc. ). Remember that you can verify stored values by pressing R menu label. To start the calculation, press the menu key for the variable you want to calculate. In most cases, this is all you need to know about how the Solver works. However, certain types of equations are more difficult to solve. If, during the calculation, the display temporarily shows two lines of changing numbers, such as then the Solver is searching for a result for the variable A. Read the section, "How the Solver Works, " starting on page 179. The Return on Equity of a business can be defined as: ROE Operating income - Interest - Taxes Common equity Find the ROE of a small firm with $2, 000 in assets. The assets earned 10% while its debt cost it 8%. [. . . ] See Depreciation Deleting all information, 225, 228­29 characters, 32 equations, 162­64 from a CFLO list, 98, 100 from a SUM list, 125, 127 variables in the Solver, 162­64 Dependent variable, 134 DEPRC menu, 114 Depreciation ACRS method, 114, 118­19 calculations, 114­17 declining balance method, 114, 116­17 equations, 250 partial year, 118­19 straight line, 114, 116 sum of the years' digits, 114, 116 Diagnostic self-test, 232 Diagrams, cash flow, 64­66, 92­94 Digit separator, 35 Direct solutions in Solver, 179, 240­41 Discount rate, 101 Display clearing, 20 contrast, 17 format, 34 in RPN, 268­73 messages, 36 organization, 19, 43 printing the contents of, 185 turning on and off, 17 Displayed messages, 283 Displaying the contents of registers, 43­46 values assigned to variables, 28 Division, 38­40 Doublespace printing, 36, 185 DSP menu, 34­35, 260 E \ key, 47 , 64 , 42 , 157, 161 , 56 , 18 , 18 key, 88 e, 25, 28, 92, 96, 123, 147, 161 E, 263, 264­65, 271, 274 E, in numbers, 47 Editing Index 295 alphabetic information, 31­32 equations, 161 keys, 31­32 Effective interest rate, 84­87, 100 End payment mode, 64, 65 Ending value, in summation function, 176 English language, setting, 224 Entering equations, 157­58 guesses in the Solver, 181­83 Entering numbers in a SUM list, 123­24 in RPN, 264, 271 into CFLO lists, 95­97 Environmental limits, 230 Equals sign, used to complete calculations, 21, 38 Equation list. See Solver list Equation Solver, 153­83, 240­46 clearing, 163 introduction, 29 Equations algebraic rules, 164 characters in, 166­67 clearing, 163 deleting, 162­64 displaying, 162 editing, 161 entering, 157 erasing, 163 for built-in menus, 246­53 invalid, 158 length of, 153 long, viewing, 166 naming, 161 verifying, 157­58 writing, 164 Erasing. See also Clearing; Deleting Erasing calculator memory, 225, 229 Error messages, 36, 283 Estimates, entering in the Solver, 181­83 Examples, 190 in RPN, 276­82 Exchanging registers, RPN, 269 EXP, 169 EXPM, 169 Exponential model, 130, 132, 133 Exponential numbers, 47 Exponentiation, 41­42, 265 in equations, 165 F , 115 , 128 , 18 key, 63 key, 34 296 Index Face value, bond, 110 FACT, 169 Factorial, 42, 169 FIN menu, 256­57 FLOW, Solver, 169 Forecasting calculations, 130­37 equations, 251 values, 121, 132­34 Foreign language, 224 Formatting number, 34 FP, 169 Fractional part, 169 FRCST menu, 130, 132 Functions in equations, 167, 168­71 Future date, calculating, 151 Future value of a series of payments equation, 246 Solver function, 171 Guesses entering in the Solver, 181­83 IRR%, entering, 238­40 Solver, 245 H in the appointment-setting menu, 145 in the SET menu, 143 , 56 Halting a numerical search, 180 Hierarchy of menus, 24 Hierarchy of operations, in equations, 165 History stack, 43. See also Stack, RPN printing, 186 HMS, 170 HP Solve. [. . . ]