Tag TVM

HP 10BII+ Tutorial, Part I

If the picture at right doesn’t match your calculator, you may have an original HP 10B or HP10BII (not the + version). These calculators differ slightly, so you may prefer the HP 10B tutorial. The Hewlett Packard 10BII+ is a very easy to use financial calculator that will serve you well in all finance courses. This tutorial will demonstrate how…

HP 17BII Tutorial, Part III

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of annuities. In this section we will take a look at how to use the HP 17BII to calculate the present and future values of uneven cash flow streams. We will also see how to…

HP 17BII Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 17BII to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

HP 17BII Tutorial, Part I

The HP 17B is a fairly easy to use financial calculator that will serve you well in all finance courses. The 17BII can operate in either RPN (reverse polish notation) or algebraic modes. RPN is better in most cases, so I suggest that you choose that mode if you understand RPN. This tutorial will demonstrate how to use the financial…

Solving Problems with Non-Annual Periods on the HP 10B

Many, perhaps most, time value of money problems in the real world involve other than annual time periods. For example, most consumer loans (e.g., mortgages, car loans, credit cards, etc) require monthly payments. All of the examples in the previous pages have used annual time periods for simplicity. On this page, I’ll show you how easy it is to deal…

HP 10B Tutorial, Part III

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums and regular annuities. In this section we will take a look at how to use the HP 10B to calculate the present and future values of uneven cash flow streams. We will…

HP 10B Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 10B to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

Microsoft Excel as a Financial Calculator, Part III

In the previous section we looked at using the basic time value of money functions to calculate present and future value of annuities (even cash flows). In this section we will take a look at how to use Excel to calculate the present and future values of uneven cash flow streams. We will also see how to calculate net present…

Microsoft Excel as a Financial Calculator, Part II

In the previous section we looked at the basic time value of money functions and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use Excel to calculate the present and future values of regular annuities and annuities due. A regular annuity is a series…

Microsoft Excel as a Financial Calculator, Part I

Excel (and other spreadsheet programs) is the greatest financial calculator ever made. There is more of a learning curve than a regular financial calculator, but it is much more powerful. This tutorial will demonstrate how to use Excel’s financial functions to handle basic time value of money problems using the same examples as in the calculator tutorials. I will keep…

HP 12C Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 12C to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

HP 12C Tutorial, Part I

The HP 12C is a fairly easy to use financial calculator that will serve you well in all finance courses. Actually, its very easy if you already know RPN (reverse polish notation — a much better way to enter data into a calculator than the algebraic method that you are probably familiar with). This tutorial will demonstrate how to use…

Solving Problems with Non-Annual Periods on the HP 20b

Many, perhaps most, time value of money problems in the real world involve other than annual time periods. For example, most consumer loans (e.g., mortgages, car loans, credit cards, etc.) require monthly payments. All of the examples in the previous pages have used annual time periods for simplicity. On this page, I’ll show you how easy it is to deal…

HP 20b Tutorial, Part III

Uneven Cash Flows In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums and annuities. In this section we will take a look at how to use the HP 20b to calculate the present and future values of uneven cash flow streams.…

HP 20b Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 20b to calculate the present and future values of regular annuities and annuities due. A regular annuity is…