However, to obtain the result you want, you must set the P/YR to 1. Read reviews to learn about the top-rated HP 10BII+ Financial Calculator. What do I … Within the text (this example, not a question) starts at 6.5%, and gives me the adjusted of 6.41 to use moving forward in the example, however, when I do the adjustment myself I get 6.4137... using this number I get the 1004.74 (rounded to two decimal places). the answer the text shows: 1,004.74 HOWEVER my HP 10BII+ gives me: 1,004.39 This minor variance, in following equations precedes to screw up … If you suspect the calculator is giving a wrong answer, it could be TVM compounding settings. My calculator is giving incorrect answers. If you aren't comfortable doing time value of money problems on the HP 10B or HP 10BII, you should work through those tutorials first. One way to do this computation on a10bII+ (us indicates up-shift, ds indicates down-shift): Clear the current TVM environment and set END mode(us) C MEM TVM(ds) Beg/End (only if needed to set END mode), Compute the adjusted interest rate for a Canadian mortgage6.5 (ds) NOM%2 (ds) P/YR(ds) EFF%12 (ds) P/YR(ds) NOM%, Enter/calculate the remaining TVM variables300 N150000 PV0 FVPMT, ...for the expected final result of -1,004.73567899 (which of course rounds to -1004.74), Didn't find what you were looking for? When entering the following values into my calculator: -1000 FV, -40 PMT, 5.5 I/YR, 18 N, I get the answer 1,610.57. † The opinions expressed above are the personal opinions of the authors, not of HP. By using this site, you accept the, Re: HP 10BII+ is giving me close, but wrong answers, HP 10BII+ is giving me close, but wrong answers, HP Solution Center not working : Adobe Flash Player Error and Unable to scan, Simply ask a new question if you would like to start the discussion again. Using the HP-10B Financial Calculator. HP 10bII+ Financial Calculator Choose a different product series Warranty status: Unspecified - Check warranty status Manufacturer warranty has expired - See details Covered under Manufacturer warranty Covered under Extended warranty , months remaining month remaining days remaining day remaining - See details I was worried that future calculations would be off (with different numbers), but it's just two extra numbers within the interest adjustment that were giving me the slight difference. I type -100 PV, 10N, 10 I/YR, 0 PMT and hit FV. i HP 10bII+ Financial Calculator User’s Guide HP Part Number: NW239-90001 Edition 1, May 2010 This situation might be the result of an error, such as a mistake in keying in the cash flows. Example: ... Then you'll get the wrong answer of 510.375. 90.02. Here we discuss three basics on the 10bII plus financial calculator: (1) two display basics, (2) two function basics, and (3) two time value of money basics Excel and the TI-BAII Plus give the correct answer. I used the Financial Calculator HP 10bII+ to calculate the PV: I input 15000for FV, 6 for I/YR, 10 for N, my calculator gave the PV =-14270.22, the correct answer is -3875.92. Here is the question, among others: I have $15,000 in my savings account and can save an additional $5,000 per year. With the TI BAII Plus press 2nd then CLR TVM (the FV key) to clear the time value of money. The 10BII displaying partial digitals is a common problem with this unit. Disclaimer: I don't work for HP, but I enjoy using their calculators. Press the dimes down and towards the top of the calculator, and hold for five (5) seconds. Remove the dimes, and put the batteries back in the calculator. HP 10bII Financial Calculator - Clearing and Correcting. For this reason, it is important that you back up any critical data before resetting. Please check this document to find the workaround solution for Print and Scan - HP Solution Center not working : Adobe Flash Player Error and Unable to scan, Resolve Windows 10 related issues for your HP computers or printers by HP Windows 10 Support Center. ... then CLEAR All on the 10B or Shift, C All on the 10BII 0.00 Clear registers If BEGIN shows in the display, ... to help arrive at the correct answer: Clear all before beginning a new calculation. Evaluate 5000 = 4000(1+0.05) N. Solution. If you do not do this every time, it is possible that a number stored in memory from a previously worked problem will cause you to compute an erroneous answer. Didn't find what you were looking for? See your HP 10B/10BII owner's manual for instructions on how to replace the batteries. Hewlett-Packard (HP) 10BII Calculator and Review of Mortgage Finance Calculations Real Estate Division ... To ensure your answers will be the same as those shown throughout this supplement, you should use a floating ... You actually meant to multiply 5 by 22 but hit the wrong key. Do I need to change a setting? The problem is that you are using the default P/YR (payments per year) of 12 (press RCL downshift PMT to see the current setting of P/YR). Rounding issues in the display of intermediate results can often cause confusion of this sort. Bond Cash Flows Then pressing PV will return -8375.92 as desired. Batteries: if the batteries are dying, your calculator screen will dim and eventually a little battery symbol will show in the bottom right corner. i don't have an hp10b but as you stated the problem I don't see any issue, see: PV = FV / (1+r)^n = 15000 / (1+0.005)^10 = 14270.22. I have done a calculator reset and I still get the same difference. I used the Financial Calculator HP 10bII+ to calculate the PV: I input 15000for FV, 6 for I/YR, 10 for N, my calculator gave the PV =-14270.22, the correct answer is -3875.92. I tried to reset my calculator but the answer is still wrong. I strongly recommend that you avoid this feature because I think it causes more problems than it solves. Setting the number of periods per year Usually the calculator is set at the factory for 12 periods per year. At times, the hp 10 bii calculator may get locked up or not respond correctly. Since the answer you're getting with the HP 10bII+ is also what I'm getting, and is the same as what the HP 12C gives, as well as every online TVM calculator I tried (such as THIS one), I strongly suspect that either your textbook's answer is wrong or the "adjusted interest rate" is not exactly 6.41 (possibly there are more decimal places in it?). You can set it here or another slightly more detailed writeup here. It probably shows 12 P_Yr. † The opinions expressed above are the personal opinions of the authors, not of HP. The hp 10bii calculator may require a reset for a variety of reasons. This removes unwanted values from the calculator memory. The reason is that this setting is hidden away, and if you forget to change it you will probably get a wrong answer. ... Wrong numbers can be deleted with the key , which is … Anyone know what I am doing wrong? Any help would be appreciated, my exam is in a week! The answer should be $259.37. HP Solution Center Adobe Flash player error. So press 1 downshift PMT to set P/YR to 1. ... there is no answer. HP Solution Center Adobe Flash player error. I tried resetting the calculator and tried this with proper decimal … Your account also allows you to connect with HP support faster, access a personal dashboard to manage all of your devices in one place, view warranty information, case status and more. These functions compute the natural logarithm and exponential functions. Financiall Calculator HP 10bII give wrong answers after rese... Financiall Calculator HP 10bII give wrong answers after reset, HP Solution Center not working : Adobe Flash Player Error and Unable to scan. Example: What will a deposit of $4,500 at 10% compounded semiannually be worth if left in the bank for six years? Apparently the glue that binds the ribbon cable from the board to the LCD breaks down over time and the LCD display suffers. Ask the community. PV = 100 I/YR = 5 N=3 PMT=0 FV= ? However, your calculator won't start to give wrong answers as the batteries run out! You may have noticed that the HP 10BII can semi-automatically adjust for payment frequency for you by using the P/YR setting. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Thank you for the insight. Please check this document to find the workaround solution for Print and Scan - HP Solution Center not working : Adobe Flash Player Error and Unable to scan, Resolve Windows 10 related issues for your HP computers or printers by HP Windows 10 Support Center. By using this site, you accept the. HP 10bII+ is factory set to assume monthly compounding (12/Yr). Bear in mind that the 10bII+ (like most calculators) maintains more digits for calculated values than the rounded display mode shows. Learn what Payments Per Year on your calculator means and how to change it. HP 10bII+ Financial Calculator Choose a different product series Warranty status: Unspecified - Check warranty status Manufacturer warranty has expired - See details Covered under Manufacturer warranty Covered under Extended warranty , months remaining month remaining days remaining day remaining - See details HP 10bII+ Financial Calculator displaying wrong answer. Why? Hi there, I am following this equation from my text book: This minor variance, in following equations precedes to screw up my answers by larger differences. Press ), and you've got lots of sources for differences to consider. If you press Clear and then estimate Y^ (for the intercept), then you get the correct answer. I tried another example question, still not right. Your account also allows you to connect with HP support faster, access a personal dashboard to manage all of your devices in one place, view warranty information, case status and more. The calculator gives me $108.65. ... A common mistake that results in this message is putting the wrong sign on a cash flow. Before we get started, we need to correctly (in my view, anyway) set up the calculator. That's fine, I suppose, but its better to set it to assume annual compounding and then make manual adjustments when you enter numbers. The HP-10B and HP-10BII give an incorrect answer for the y-intercept on certain regression problems. I tried another … Thanks!! If the interest rates are 12% per year, how long will it take my savings to grow to $58,200? Find a HP 10BII+ Financial Calculator at Staples.ca. When I try PV, I also get the wrong answer. Introduction. Ask the community. Well, the compounding assumption is hidden from view and in my experience people tend to forget to set it to the correct assumption. The HP 10bII can solve basic problems involving logarithms and exponential problems using the built-in and functions. I tried to reset my calculator but the answer is still wrong. ... can press when the 5 is still showing in the display and continue with your calculation by pressing to see the correct answer of 6. So i input this into my calculator: Input PV= -$15,000, I/Y=12%, PMT= … hp 10bII - Resetting. HP 10B and 10BII Calculators - Time Value of Money (TVM) Calculation. The 10BII comes from the factory set to assume monthly compounding. When I try calculating future value, it gives the incorrect answer. I assume that your stated result of -3875.92 was a typo with the first two digits transposed. Perhaps the text was written with the assumption that you would be computing the interest rate as part of your chain of calculations as opposed to entering it manually. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Press the [ON] key to clear the message. 12-13-2017 11:14 PM. Add this to other considerations (Canadian mortgage, BEGIN/END mode, periods/year, etc. Example 3. The 300N was done, the copy and paste removed part of my text when I posted as it had some HTML issue. It gives me -4,729.74. HP 10bii Calculator - Net Present Value and Internal Rate of Return. With the HP 10BII press Shift followed by CLEAR ALL (the INPUT key). How could I solve this?? For example, $100 for 10 years at 10% with 0 payments. Of course, most people don't recognize … However, the answer I should be getting is 831.31, which I have confirmed by using a different calculator. Pv: 4,500 i/yr 10% n: 6 pmt: 0 FV: solve. I've done a few financial questions with the calculator and its giving me wrong answers.. for example ,. I am doing a cash flow question where I have to work out the IRR My P/YR is 1. cf0= 69280 cf1= 0 cf2= 0 cf3= -60000 cf4= 0 cf5= -60000 I then input IRR (Shift CST) and get the answer of -4.68% The answer is supposed to be 15%. We want it to be set to 1 P_Yr. To follow some examples, you may need to set annual compounding (1/Yr). You can verify this by pressing the green (or orange) second function key and then holding down the CLEAR ALL key (above the INPUT key). Calculator symbol key. You may also be interested in my tutorial on calculating bond yields using the HP 10B or 10BII. Resetting the calculator will erase the memory and restore the calculator’s defaults. The "ALL CLEAR" message will be displayed. This would account for the 0.01 display in the above post. This is not the correct answer. ... Answer.

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