HP 10bII+ Financial Calculator, Quick Start Guide PDF

HP 10bII+ Financial Calculator
Quick Start Guide
HP Part Number: NW239-90201
Edition 1, April 2010
i
Legal Notice
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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 pur-
pose. In this regard, HP shall not be liable for technical or editorial errors or
omissions contained in the manual.
Hewlett-Packard Company 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 2010 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
Palo Alto, CA
94304
USA
ii
Keyboard Legend
iii
Number Primary Functions
(white)
SHIFT Down \ SHIFT Up
(orange functions on (blue functions above
]
key bevel) keys)
1 12 digit, 7-segment LCD

display
2 Time Value of Money Amortization, payments Bonds

(TVM) per year/Interest
conversion
3 Input key/margin, cost, Date and number of Calendar and coupon

price and markup days, IRR per year, NPV, payment schedules,
beginning/end of settlement and maturity
payment period dates (bonds)
4 Memory register, Swap, percent change, Break-even

percent, cash flow entry, cash flow count, delete
statistics entry, statistics, round
backspace
5 Change sign, recall and Scientific notation, Depreciation, hyperbolic

memory exponent, store, clear and inverse functions
statistics, parentheses
6 SHIFT Up (blue) SHIFT Down (orange)
7 Numbered keys: 1, and Statistical functions and Statistical functions and

4-9 estimation regression modes
8 Clear Clear all Clear selected memory
9 On Off Operating mode
10 Numbered keys: 0 and Common mathematical Z and T probability and

2-3, decimal functions combination/
permutation functions
11 Mathematical functions Common mathematical Trigonometric functions

functions, parentheses
12 Annunciators
iv
Table of Contents
Legal Notice .........................................................................ii

Keyboard Legend.................................................................iii
Power On and Off ............................................................... 1
Basics of Key Functions ......................................................... 1
Shift Keys ............................................................................ 2
Boxed Key Functions............................................................. 4
Percentages ......................................................................... 5
Memory Keys ...................................................................... 7
Time Value of Money (TVM) ................................................ 10
TVM What if...................................................................... 11
Amortization...................................................................... 13
Depreciation...................................................................... 15
Interest Rate Conversion ...................................................... 17
Cash Flows, IRR/YR, NPV, and NFV..................................... 18
Date and Calendar............................................................. 21
Bonds ............................................................................... 23
Break-even ........................................................................ 26
Statistical Calculations ........................................................ 27
Probability......................................................................... 30
1
Trigonometric Functions .......................................................32
Replacing the Batteries ........................................................33
Customer Care ...................................................................34
Product Regulatory and Environmental Information ..................37
HP Limited Hardware Warranty and Customer Care ...............38
Limited Hardware Warranty Period .......................................38
General Terms ....................................................................38
Exclusions ..........................................................................39
2
Getting Started
This guide is intended to get you started with your new 10bII+ financial calcula-
tor. It includes basic information about the many features available on the 10II+
along with example problems. If you require more information about the con-
cepts presented here, refer to the HP 10bII+ Financial Calculator Users Guide on
the CD included in the package along with your calculator. For more information
about HP calculators, please refer to the training materials available at:
www.hp.com/calculators.
Power On and Off

To turn on your HP 10bII+, press =. To turn the calculator off, press the orange
\, then >. To change the brightness of the display, hold down
shift key,
= and then simultaneously press 1 or A.

Since the calculator has continuous memory, turning it off does not affect the
information you have stored. To conserve energy, the calculator turns itself off
after five minutes of inactivity. The calculator uses two CR2032 coin batteries. If
you see the low-battery symbol ( ) in the display, replace the batteries.
See the section below titled, Replacing the Batteries for more information.
Basics of Key Functions
Table 1-1 Basics of key functions
Keys Display Description
= 0.00 Turns calculator on.
] [blue] 0.00
Displays shift
annunciator .
Getting Started 1
Table 1-1 Basics of key functions
\ [orange] 0.00
Displays shift
annunciator .
JGD| 12_ Erases last character.
M 0.00 Clears display.
\t STAT CLR (message flashes, then Clears statistics

disappears) memory.
\N 12 P_Yr (message flashes, then

disappears)
Clears all memory.
]Oj BOND CLR (message flashes,

then disappears)
Clears bond memory.
]OY BR EV CLR (message flashes, then Clears break-even

disappears) memory.
]OJ TVM CLR (message flashes, then Clears tvm memory.

disappears)
]O: CFLO CLR (message flashes, then Clears cash flow

disappears) memory.
\> Turns calculator off.
Shift Keys
Most keys on the HP 10bII+ have three functions:
a primary function printed in white on the key.
a secondary function printed in orange on the bevel of the key.
a tertiary function printed in blue above the key on the keyboard (see
Figure 1).
2 Getting Started
Figure 1
When you press \ or ], a shift annunciator or is displayed to
indicate that the shifted functions are active. For example, press \ followed
by 2 to multiply a number in the display by itself. To turn the shift annuncia-
tors off, simply press \ or ] again.
In this guide, key symbols are used to indicate the key presses used in the exam-
ple problems. These symbols vary in appearance according to whether they indi-
cate the primary, secondary, or tertiary functions required for the problem. For
example, the functions associated with the equals key, 4, are illustrated in the
text as follows:
primary function (equals): 4
secondary function (display): \5
tertiary function (random): ]6
Getting Started 3
Boxed Key Functions
There are three shifted key functions on the calculator that are used to change the
operation of another key's function. These three tertiary functions, ]O,

]o and ]r, are bound by blue boxes to show that they oper-
ate differently. These special functions require subsequent key presses to operate.
For example, the functions associated with the clear key, M, include:
Table 1-2 Clearing functions
Keys Associated Function
M Clear display.
\N Clear all memory.
]Oj Clears bond memory.
]OY Clears break-even memory.
]OJ Clears TVM memory.
]O: Clears cash flow memory.
For more information on the calculators keys and basic functions, refer to chapter
2, Getting Started in the HP 10bII+ Financial Calculator Users Guide.
4 Getting Started
Percentages
Table 1-3 Keys for percentage calculations
Keys Description
Percent
\ Percent change
Cost
Price
Margin
Markup
Add 15% to $17.50.
Table 1-4 Calculating the price
Jj7V:1 17.50 Enters number.
JV4 20.13 Adds 15%.
Getting Started 5
Find the margin if the cost is $15.00 and selling price is $22.00.
Table 1-5 Finding the margin
JV 15.00 Enters cost.
GG 22.00 Enters price.
31.82 Calculates margin.
If the cost is $20.00 and the markup is 33%, what is the selling price?
Table 1-6 Calculating the price
G: 20.00 Enters cost.
DD 33.00 Enters markup.
26.60 Calculates price.
For more information on percentages, refer to chapter 3, Business Percentages in

the HP 10bII+ Financial Calculator Users Guide.
6 Getting Started
Memory Keys
Table 1-7 Memory keys
Keys Description
Stores a constant operation.
s Stores a value in the M register (memory location).
p Recalls a value from the M register.
m Adds a value to the number stored in the M register.
\w When followed by a number key, : to d, or 7 and

: to d, stores a number in the display into a numbered
data storage register. There are 20 storage registers,
\w7 followed by :
designated 0-19. Press
throughd to access registers 10-19.
v When followed by a number key, : to d, or 7 and
: to d, recalls a number from a storage register.
Pressv7 followed by : through d to access
registers 10-19.
Getting Started 7
Multiply 17, 22, and 25 by 7, storing 7 as a constant operation.
Table 1-8 Storing x 7 as a constant
JjPj 7.00 Stores 7 as a

constant operation.
4 119.00 Multiplies 17 7.
GG4 154.00 Multiplies 22 7.
GV4 175.00 Multiplies 25 7.
Store 519 in register 2, then recall it.
Table 1-9 Storing and recalling
VJd\wG 519.00 Stores 519 in register

2.
M 0.00 Clears display.
vG 519.00 Recalls register 2.
8 Getting Started
Store 1.25 into register 15, then add 3, and store the result in register 15.
Table 1-10 Storage register arithmetic
J7GV 1.25 Inputs 1.25 into the

display.
\w7V Stores 1.25 in register

15.
D\w17V 3.00 Adds 3 to 1.25 in

register 15 stores the
result in register 15.
M 0.00 Clears the display.
v7V 4.25 Recalls register 15.
For more information on number storage and storage register arithmetic, refer to
chapter 4, Number Storage and Storage Register Arithmetic in the HP 10bII+
Financial Calculator Users Guide.
Getting Started 9
Time Value of Money (TVM)
Enter any four of the five values and solve for the fifth.
A negative sign in the display represents money paid out, and money received is
positive.
Table 1-11 Keys for TVM calculations
Keys Description
]OJ Clears TVM memory and the current P_Yr is displayed.
Number of payments.
Interest per year.
Present value.
Payment.
Future value.
\ Begin or End mode.
\ Number of payments per year mode.
If you borrow $14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the
monthly repayment?
Set to End mode. Press \ if BEGIN annunciator is displayed.
10 Getting Started
Table 1-12 Calculating the monthly payment
]OJ TVM CLR (message

flashes, then
Clears TVM memory
and displays the current
disappears) P_Yr.
JG\ 12.00 Sets payments per year.
DS: 360.00 Enters number of

payments.
J: 10.00 Enters interest per year.
JY::: 14,000.00 Enters present value.
: 0.00 Enters future value.
-122.86 Calculates payment if

paid at end of period.
TVM What if...

It is not necessary to reenter TVM values for each example. Using the values you
just entered, how much can you borrow if you want a payment of $100.00?
Table 1-13 Calculating a new payment
J::y -100.00 Enters new payment

amount. (Money
paid out is
negative).
Getting Started 11
Table 1-13 Calculating a new payment
11,395.08 Calculates amount

you can borrow.
...how much can you borrow at a 9.5% interest rate?
Table 1-14 Calculating a new interest rate
d7V 9.50 Enters new interest

rate.
11,892.67 Calculates new

present value for
$100.00 payment
and 9.5% interest.
J: 10.00 Reenters original

interest rate.
JY::: 14,000.00 Reenters original

present value.
-122.86 Calculates original

payment.
For more information on TVM concepts and problems, refer to chapter 5,

Picturing Financial Problems, and chapter 6, Time Value of Money Calculations
in the HP 10bII+ Financial Calculator Users Guide.
12 Getting Started
Amortization
After calculating a payment using Time Value of Money (TVM), input the periods
to amortize and press\. Press \ once for periods 112,

and once again for payments 1324, and so on. Press 4 to continually cycle
through the principal, interest, and balance values (indicated by the PRIN, INT,
and BAL annunciators respectively). Using the previous TVM example, amortize a
single payment and then a range of payments.
Amortize the 20th payment of the loan.
Table 1-15 Amortizing the 20th payment of the loan
G: 20.00 Enters period to

amortize.
\ 20 20 Displays period to
amortize.
4 -7.25 Displays principal.
4 -115.61 Displays interest.

(Money paid out is
negative).
4 13,865.83 Displays the balance

amount.
Getting Started 13
Amortize the 1st through 24th loan payments.
Table 1-16 Amortization example
JJG 12_ Enters range of

periods to amortize.
\ 1 12 Displays range of
periods (payments).
4 -1,396.50 Displays interest.

(Money paid out is
negative).

amount.
\ 13 24 Displays range of
periods
4 -1,388.36 Displays interest.

amount.
For more information on amortization, refer to the section titled, Amortization in

chapter 6, Time Value of Money Calculations in the HP 10bII+ Financial
Calculator Users Guide.
14 Getting Started
Depreciation
Table 1-17 Depreciation keys
Keys Description
]OJ Clears TVM memory and displays the current P_Yr. Since
depreciation data is stored in the TVM memory, this clears
for depreciation also.
Expected useful life of the asset.
Declining balance factor entered as a percentage.
Depreciable cost of the asset at acquisition.
Salvage value of the asset.
]{ Straight-line depreciation.
]x Sum-of-the-years-digits depreciation.
]u Declining Balance depreciation.
Getting Started 15
A metalworking machine, purchased for 10,000.00, is to be depreciated over
five years. Its salvage value is estimated at 500.00. Using the straight-line
method, find the depreciation and remaining depreciable value for each of the
first two years of the machine's life.
Table 1-18 Calculating the depreciation
]OJ TVM CLR (message

flashes, then
Clears TVM memory.
disappears)
J:::: 10,000.00 Inputs cost of the item.
V:: 500.00 Inputs the salvage

value of the item.
V 5.00 Inputs the useful life of

the asset.
J]{ 1,900.00 Depreciation of the

asset in year one.
\ 7,600.00 Remaining
depreciable value
after year one.
G]{ 1,900.00 Depreciation of the

asset in year two.
\ 5,700.00 Remaining
depreciable value
after year two.
For more information on depreciation, refer to chapter 7, Depreciation in the HP

10bII+ Financial Calculator Users Guide.
16 Getting Started
Interest Rate Conversion
To convert between nominal and effective interest rates, enter the known rate and
the number of periods per year, then solve for the unknown rate.
Table 1-19 Keys for interest rate conversion
Keys Description
\ Nominal interest percent.
\ Effective interest percent.
\ Periods per year.
Find the annual effective interest rate of 10% nominal interest compounded
monthly.
Table 1-20 Calculating the interest rate
J:\ 10.00 Enters nominal rate.
JG\ 12.00 Enters payments per

year.
\ 10.47 Calculates annual

effective interest.
For more information on interest rate conversions, refer to the section titled,
Interest Rate Conversions in chapter 6, Time Value of Money Calculations in the
HP 10bII+ Financial Calculator Users Guide.
Getting Started 17
Cash Flows, IRR/YR, NPV, and NFV
Table 1-21 Cash flows, IRR, NPV, and NFV keys
Keys Description
]O: Clears cash flow memory.
\ Number of periods per year (default is

12). For annual cash flows, P/YR should
be set to 1; for monthly cash flows, use the
default setting, 12.
Cash flows, up to 45. J identifies the

cash flow number. When preceded by a
number, pressing enters a cash flow
amount.
number1 number2 Enter a cash flow amount, followed by

. Enter a number for the cash flow
count followed by to enter cash flow
amount and count simultaneously.
v Opens editor for reviewing/editing

entered cash flows. Press 1 or A
to scroll through the cash flows.
\ Number of consecutive times cash flow J

occurs.
\ Internal rate of return per year.
\ Net present value.
18 Getting Started
Table 1-21 Cash flows, IRR, NPV, and NFV keys
Keys Description
\\ Net future value.
If you have an initial cash outflow of $40,000, followed by monthly cash inflows
of $4,700, $7,000, $7,000, and $23,000, what is the IRR/YR? What is the IRR
per month?
Table 1-22 Calculating the IRR/YR and IRR per month
]O: CFLO CLR Clears cash flow

(message flashes, then memory.
disappears)
JG\ 12.00 Sets payments per

year.
-40,000.00 Enters initial
Y::::y (CF 0 flashes, then outflow.
disappears)
Yj:: 4,700.00
(CF 1 flashes, then
Enters first cash
flow.
disappears)
Getting Started 19
Table 1-22 Calculating the IRR/YR and IRR per month
2.00 Enters both the cash

j:::G (CFn 2 flashes, then flow amount
disappears) (7000.00) and
count (2.00)
simultaneously for
second cash flow.
GD::: 23,000.00
(CF 3 flashes, then
Enters third cash
flow.
disappears)
v 0 -40,000.00 Reviews entered

cash flows starting
with the initial cash
flow. Press 1 to
scroll through the
cash flow list to
verify the cash flow
number, the
amounts, and count
for each entry. Press
M to exit.
\ 15.96 Calculates IRR/YR.
aJG4 1.33 Calculates IRR per

month.
20 Getting Started
What is the NPV and NFV if the discount rate is 10%?
Table 1-23 Calculating NPV and NFV
J: 10.00 Enters I/YR.
\ 622.85 Calculates NPV.
\ 643.88 Calculates NFV.
For more information on cash flows, refer to chapter 8, Cash Flow Calculations in
the HP 10bII+ Financial Calculator Users Guide.
Date and Calendar
Table 1-24 Keys used for dates and calendar functions
Keys Description
] Enters dates in DD.MMYYYY or MM.DDYYYY formats.

M.DY is the default. Numbers at the far right of a
calculated date indicate days of the week. 1 is for
Monday; 7 is for Sunday.
] Toggles between 360-and 365-day (Actual) calendars.
\ Calculates the date and day, past or future, that is a given

number of days from a given date. Based on your current
setting, returned result is calculated using either 360-day
or 365-day (Actual).
Getting Started 21
Table 1-24 Keys used for dates and calendar functions
Keys Description
\ Calculates the number of days between two dates.

Returned result is always calculated based on the 365-day
calendar (Actual).
If the current date is February 28 2010, what is the date 52 days from now? Cal-
culate the date using the 365-day calendar (actual) and the M.DY settings.
If 360 is displayed, press ]. If D.MY is displayed, press ].

Table 1-25 Calculating the date
G7GgG:J: 2.28 Inputs the date in

the selected
format.
\
VG4 4-21-2010 3 Inputs the
number of days
and calculates
the date along
with the day of
the week.
For more information on date and calendar functions, refer to chapter 9,

Calendar Formats and Date Calculations in the HP 10bII+ Financial Calculator
Users Guide.
22 Getting Started
Bonds
Bond calculations, primarily calculating bond price and yield, are performed by
two keys, ] and ]. These keys permit you to input data or

return results. Pressing ] only calculates a result. The other keys used
in bond calculations only permit you to input the data required for the calcula-
tions.
Table 1-26 Bond calculation keys
Keys Description
]Oj Clears bond memory.
] Calculates accrued interest.
] Calculate or input yield% to maturity or yield% to call date

for given price.
] Calculate or input price per 100.00 face value for a given

yield.
] Input coupon rate stored as an annual %.
] Input call value. Default is set for a call price per 100.00
face value. A bond at maturity has a call value of 100% of
its face value.
] Toggle date format between day-month-year (dd.mmyyyy)

or month-day-year (mm.ddyyyy). Default is mm.ddyyyy.
] Toggle day count calendar between Actual (365-day

calendar) or 360 (30-day month/360-day year calendar).
Getting Started 23
Table 1-26 Bond calculation keys
Keys Description
] Toggle bond coupon (payment) between semiannual or

annual payment schedules. Default is annual.
] Input settlement date.
] Input maturity date or call date. The call date must

coincide with a coupon date.
What price should you pay on April 28, 2010 for a 6.75% U.S. Treasury bond
maturing on June 4, 2020, if you want a yield of 4.75%? Assume the bond is
calculated on a semiannual coupon payment on an actual/actual basis.
] to select the semiannual coupon

If SEMI is not displayed, press
payment.
If D.MY is displayed, press ] to select M.DY format.
Table 1-27 Bond calculation
]Oj BOND CLR (message

flashes, then
Clears bond
memory.
disappears)
Y7GgG:J: 4-28-2010 3 Inputs the

settlement date
] (mm.ddyyyy
format).
24 Getting Started
Table 1-27 Bond calculation
S7:YG:G: 6-4-2020 4 Inputs the

maturity date.
]
S7jV] 6.75 Inputs CPN%.
J::] 100.00 Inputs call

value. Optional,
as default is
100.
Y7jV] 4.75 Inputs Yield%.
] 115.89 Calculates the

price.
1] 2.69 Displays the

current value for
accrued
interest.
4 118.59 Returns total

price (value of
price + value of
accrued
interest). The net
price for the
bond is 118.59.
For more information on bond calculations, refer to chapter 10, Bonds in the HP
10bII+ Financial Calculator Users Guide.
Getting Started 25
Break-even
Table 1-28 Break-even keys
Keys Description
]OY Clears break-even memory.
] Stores the quantity of units required for a given profit or

calculates it.
] Stores the sales price per unit or calculates it.
] Stores variable cost per unit for manufacturing or

calculates it.
] Stores the fixed cost to develop and market or calculates it.
]~ Stores the expected profit or calculates it.
The sale price of an item is 300.00, the cost 250.00, and fixed cost
150,000.00. For a profit of 10,000.00, how many units would have to be sold?
Table 1-29 Calculating break-even
]OY BR EV CLR Clears break-

(message flashes, even memory.
then disappears)
JV::::] 150,000.00 Inputs fixed

cost.
26 Getting Started
Table 1-29 Calculating break-even
GV:] 250.00 Inputs variable

cost per unit.
D::] 300.00 Inputs price.
J::::]~ 10,000.00 Inputs profit.
] 3,200.00 Calculates the

current value for
the unknown
item, UNITS.
For more information on break-even calculations, refer to chapter 11, Break-even

in the HP 10bII+ Financial Calculator Users Guide.
Statistical Calculations
Table 1-30 Statistics keys
Keys Description
\t Clear statistical registers.
x-data
Enter one-variable statistical data.
x-data \
Delete one-variable statistical data.
x-data y-data
Enter two-variable statistical data.
Delete two-variable statistical data.

x-data y-data \
Getting Started 27
Table 1-30 Statistics keys
Keys Description
v Opens editor for reviewing/editing

statistical data.
x and y.
\k \ Means of
Mean of x weighted by y. Also

\T \ calculates b, coefficient.
x and
\h \ Sample standard deviations of
y.
x
\e \ Population standard deviations of
and y.
y-data \Z \
Estimate of x and correlation
coefficient.
x-data \W \
Estimate of y, slope and m coefficient.
]L Permits selection of six regression

models or a best fit. Default is linear.
Using the following data, find the means of x and y, the sample standard devia-
tions of x and y, and the y-intercept and the slope of the linear regression fore-
cast line. Then, use summation statistics to find xy.
x-data 2 4 6
y-data 50 90 160
28 Getting Started
Table 1-31 Statistics example
\t STAT CLR (message

flashes, then
Clears statistics
memory.
disappears)
Enters first x,y pair.
GV: 1.00
Enters second x,y

Yd: 2.00
pair.
Enters third x,y pair.

SJS: 3.00
v 1 2.00 Reviews entered

statistical data,
starting with the initial
x value. Press 1
to scroll through and
verify the entered
statistical data. Press
M to exit.
Displays mean of x.
\k 4.00
Displays mean of y.
\ 100.00
\h 2.00 Displays sample

standard deviation of
x.
Getting Started 29
Table 1-31 Statistics example
\ 55.68 Displays sample

standard deviation of
y.
Displays y-intercept
\T\ -10.00
of regression line.
\W\ -27.50 Displays slope of

regression line.
Displays xy, sum

]f 1,420.00
of the products of x-
and y-values.
For more information on statistical calculations, refer to chapter 12, Statistical

Calculations in the HP 10bII+ Financial Calculator Users Guide.
Probability
Table 1-32 Probability keys
Keys Description
]F Calculates a cumulative normal probability given a Z-

value.
]oF Calculates a Z-value given a cumulative normal

probability.
]I Calculates the cumulative Students T probability given

degrees of freedom and a T-value.
]oI Calculates a T-value given degrees of freedom and the

cumulative Students T probability.
30 Getting Started
Table 1-32 Probability keys
Keys Description
]< Calculates number of permutations of n items taken r at

a time.
]9 Calculates number of combinations of n items taken r at

a time.
]E Calculates factorial of n (where -253 < n < 253).
Enter .5 as a Z-value and calculate the cumulative probability of the Z-value and
the Z-value from a given cumulative probability.
Table 1-33 Calculating the probability
\5 0.00000 Sets number display

to five digits to the
right of the decimal.
7V]F .69146 Calculates the

cumulative probability
of the Z-value.
17GV4 .94146 Adds .25.
]oF 1.56717 Calculates the Z-value

from the cumulative
probability.
For more information on probability, refer to the section titled, Probability in

chapter 12, Statistical Calculations in the HP 10bII+ Financial Calculator Users
Guide.
Getting Started 31
Trigonometric Functions
Table 1-34 Trigonometry keys
Keys Description
] c, R, or Calculates sine, cosine, or tangent.
C
]o Calculates inverse sine, cosine, or tangent.
c, R, or C
]r Calculates hyperbolic sine, cosine or tangent.
c, R, or C
]ro Calculates inverse hyperbolic sine, cosine, or
tangent.
c, R, or C
]3 Toggles between radians and degrees modes.
Default is degrees.
Find Sin =.62 in degrees. If RAD is displayed, press ]3.

Table 1-35 Trigonometry example
7SG .62 Enters value of sine

for .
Calculates .
]oc 38.32
32 Getting Started
Convert the results to radians using PI.
Table 1-36 Converting to radians
P\;aJg:4 .67 Converts

degrees to
radians.
For more information on trigonometric functions, refer to chapter 2, Getting

Started in the HP 10bII+ Financial Calculator Users Guide.
Replacing the Batteries

Warning! There is a danger of explosion if batteries are incorrectly replaced.
Replace only with the same type of battery or with equivalent batteries (as recom-
mended by the manufacturer). Dispose of used batteries according to the manu-
facturers instructions.
The calculator is powered by two 3-volt CR2032 coin batteries.
When changing batteries, use only fresh coin-cell batteries. Do not use
rechargeable batteries.
Do not mutilate, puncture, or dispose of batteries in fire. The batteries can
burst or explode, releasing hazardous chemicals.
Do not use new and old batteries together, and do not mix batteries of
different types.
1. Have two fresh CR2032 batteries at hand. Only touch the batteries by
their edges. Wipe each battery with a lint-free cloth to remove dirt and oil.
2. Make sure the calculator is off. When changing the batteries, change the
batteries one at a time to avoid clearing the memory. As a back-up, write
down any data that you have stored and might need for later use.
3. Turn the calculator over and pry off the battery cover.
4. Gently remove one battery.
Getting Started 33
5. Insert the new battery, making sure that the positive sign (+) battery is
facing outward.
6. Gently remove the other battery.
7. Insert the other new battery, making sure that the positive sign (+) battery
is facing outward.
8. Replace the battery-compartment lid.
9. Press =.
10. If the calculator does not turn on, follow the procedures in the section
titled, Determining if the Calculator Requires Service in Appendix A of the
HP 10bII+ Financial Calculator Users Guide.
Customer Care
In addition to the one year hardware warranty, your HP calculator also comes with one year
of technical support. If you need assistance with warranty, please refer to the warranty infor-
mation on the product CD. HP customer care can be reached by either email or telephone.
Before calling please locate the call center nearest you from the list provided. Have your
proof of purchase and calculator serial number ready when you call. Telephone numbers are
subject to change, and local and national telephone rates may apply. A complete list is
available on the web at: www.hp.com/support.
Table 1-37 Contact Information
Country/Region Contact Country/Region Contact
Algeria www.hp.com/support Anguila 1-800-711-2884
Antigua 1-800-711-2884 Argentina 0-800-555-5000
Aruba 800-8000; Austria sterreich 01 360 277 1203

800-711-2884
Bahamas 1-800-711-2884 Barbados 1-800-711-2884
Belgique (Franais) 02 620 00 85 Belgium (English) 02 620 00 86
Bermuda 1-800-711-2884 Bolivia 800-100-193
Botswana www.hp.com/support Brazil Brasil 0-800-709-7751
British Virgin 1-800-711-2884 Bulgaria www.hp.com/support

Islands
Canada 800-HP-INVENT Cayman Island 1-800-711-2884
34 Getting Started
Chile 800-360-999 China 800-820-9669

Costa Rica 0-800-011-0524 Croatia www.hp.com/support
Curacao 001-800-872-2881 Czech Republic 296 335 612

+ 800-711-2884 esk republikaik
Denmark 82 33 28 44 Dominica 1-800-711-2884
Dominican 1-800-711-2884 Egypt www.hp.com/support

Republic
El Salvador 800-6160 Equador 1-999-119;

800-711-2884 (Andinatel)
1-800-225-528;
800-711-2884 (Pacifitel)
Estonia www.hp.com/support Finland Suomi 09 8171 0281
France 01 4993 9006 French Antilles 0-800-990-011;

800-711-2884
French Guiana 0-800-990-011; Germany 069 9530 7103

800-711-2884 Deutschland
Ghana www.hp.com/support Greece 210 969 6421

Grenada 1-800-711-2884 Guadelupe 0-800-990-011;

800-711-2884
Guatemala 1-800-999-5105 Guyana 159; 800-711-2884
Haiti 183; 800-711-2884 Honduras 800-0-123; 800-711-2884
Hong Kong 800-933011 Hungary www.hp.com/support

India 1-800-114772 Indonesia (21)350-3408
Ireland 01 605 0356 Italy Italia 02 754 19 782
Jamaica 1-800-711-2884 Japan 00531-86-0011

Kazakhstan www.hp.com/support Latvia www.hp.com/support
Lebanon www.hp.com/support Lithuania www.hp.com/support
Getting Started 35
Luxembourg 2730 2146 Malaysia 1800-88-8588
Martinica 0-800-990-011; Mauritius www.hp.com/support

877-219-8671
Mexico 01-800-474-68368 Montenegro www.hp.com/support

Mxico (800 HP INVENT)
Montserrat 1-800-711-2884 Morocco www.hp.com/support
Namibia www.hp.com/support Netherlands 020 654 5301
Netherland Antilles 001-800-872-2881; New Zealand 0800-551-664

800-711-2884
Nicaragua 1-800-0164; Norway 23500027

800-711-2884 Norwegen
Panama 001-800-711-2884 Paraguay (009) 800-541-0006

Panam
Peru 0-800-10111 Philippines (2)-867-3351

Per
Poland www.hp.com/support Portugal 021 318 0093

Polska
Puerto Rico 1-877 232 0589 Romania www.hp.com/support
Russia 495-228-3050 Saudi Arabia www.hp.com/support

Serbia www.hp.com/support Singapore 6272-5300
Slovakia www.hp.com/support South Africa 0800980410
South Korea 00798-862-0305 Spain 913753382

Espaa
St Kitts & Nevis 1-800-711-2884 St Lucia 1-800-478-4602
St Marteen 1-800-711-2884 St Vincent 01-800-711-2884
Suriname 156; 800-711-2884 Swaziland www.hp.com/support
Sweden 08 5199 2065 Switzerland 022 827 8780

Sverige
Switzerland 022 827 8780 Switzerland 01 439 5358

(Suisse Franais) (Schweiz Deutsch)
36 Getting Started
Switzerland 022 567 5308 Taiwan 00801-86-1047

(Svizzeera Italiano)
Thailand (2)-353-9000 Trinidad & Tobago 1-800-711-2884

Tunisia www.hp.com/support Turkey www.hp.com/support

Trkiye
Turks & Caicos 01-800-711-2884 UAE www.hp.com/support
United Kingdom 0207 458 0161 Uruguay 0004-054-177
US Virgin Islands 1-800-711-2884 United States 800-HP INVENT
Venezuela 0-800-474-68368 Vietnam +65-6272-5300

(0-800 HP INVENT) Vit Nam
Zambia www.hp.com/support
Product Regulatory and Environmental Information

For product regulatory and environmental information, refer to the product CD.
Also consult Appendix A, Replacing the Batteries and Answers to Common
Questions in the HP 10bII+ Financial Calculator Users Guide.
Getting Started 37
HP Limited Hardware Warranty and Customer Care
This HP Limited Warranty gives you, the end-user customer, express limited warranty rights
from HP, the manufacturer. Please refer to HP's Web site for an extensive description of your
limited warranty entitlements. In addition, you may also have other legal rights under appli-
cable local law or special written agreement with HP.
Limited Hardware Warranty Period

Duration: 12 months total (may vary by region, please visit www.hp.com/support for latest
information).
General Terms
EXCEPT FOR THE WARRANTIES SPECIFICALLY PROVIDED FOR IN SUBSEQUENT PARA-
GRAPHS OF THIS SECTION, HP MAKES NO OTHER EXPRESS WARRANTY OR CONDITION
WHETHER WRITTEN OR ORAL. TO THE EXTENT ALLOWED BY LOCAL LAW, ANY IMPLIED
WARRANTY OR CONDITION OF MERCHANTABILITY, SATISFACTORY QUALITY, OR FITNESS
FOR A PARTICULAR PURPOSE IS LIMITED TO THE DURATION OF THE EXPRESS WARRANTY
SET FORTH IN THE SUBSEQUENT PARAGRAPHS OF THIS SECTION. Some countries, states or
provinces do not allow limitations on the duration of an implied warranty, so the above limi-
tation or exclusion might not apply to you. This warranty gives you specific legal rights and
you might also have other rights that vary from country to country, state to state, or province
to province. TO THE EXTENT ALLOWED BY LOCAL LAW, THE REMEDIES IN THIS WARRANTY
STATEMENT ARE YOUR SOLE AND EXCLUSIVE REMEDIES. EXCEPT AS INDICATED ABOVE, IN
NO EVENT WILL HP OR ITS SUPPLIERS BE LIABLE FOR LOSS OF DATA OR FOR DIRECT, SPE-
CIAL, INCIDENTAL, CONSEQUENTIAL (INCLUDING LOST PROFIT OR DATA), OR OTHER DAM-
AGE, WHETHER BASED IN CONTRACT, TORT, OR OTHERWISE. Some countries, States or
provinces do not allow the exclusion or limitation of incidental or consequential damages, so
the above limitation or exclusion may not apply to you. FOR CONSUMER TRANSACTIONS IN
AUSTRALIA AND NEW ZEALAND: THE WARRANTY TERMS CONTAINED IN THIS STATEMENT,
EXCEPT TO THE EXTENT LAWFULLY PERMITTED, DO NOT EXCLUDE, RESTRICT OR MODIFY
AND ARE IN ADDITION TO THE MANDATORY STATUTORY RIGHTS APPLICABLE TO THE SALE
OF THIS PRODUCT TO YOU. Notwithstanding the above disclaimers, HP expressly warrants
to you, the end-user customer, that HP hardware, accessories and supplies will be free from
defects in materials and workmanship after the date of purchase, for the period specified
above. If HP receives notice of such defects during the warranty period, HP will, at its option,
either repair or replace products which prove to be defective. Replacement products may be
either new or like-new. HP also expressly warrants to you that HP software will not fail to exe-
cute its programming instructions after the date of purchase, for the period specified above,
38 Getting Started
due to defects in material and workmanship when properly installed and used. If HP receives
notice of such defects during the warranty period, HP will replace software media which
does not execute its programming instructions due to such defects.
Exclusions
HP does not warrant that the operation of HP products will be uninterrupted or error free. If
HP is unable, within a reasonable time, to repair or replace any product to a condition as
warranted, you will be entitled to a refund of the purchase price upon prompt return of the
product with proof of purchase. HP products may contain remanufactured parts equivalent to
new in performance or may have been subject to incidental use. Warranty does not apply to
defects resulting from (a) improper or inadequate maintenance or calibration, (b) software,
interfacing, parts or supplies not supplied by HP, (c) unauthorized modification or misuse, (d)
operation outside of the published environmental specifications for the product, or (e)
improper site preparation or maintenance.
Getting Started 39

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HP 10bII+ Financial Calculator

Quick Start Guide

HP Part Number: NW239-90201

Edition 1, April 2010

Copyright 2010 Hewlett-Packard Development Company, L.P.

Reproduction, adaptation, or translation of this manual is prohibited without prior

1 12 digit, 7-segment LCD

2 Time Value of Money Amortization, payments Bonds

3 Input key/margin, cost, Date and number of Calendar and coupon

4 Memory register, Swap, percent change, Break-even

5 Change sign, recall and Scientific notation, Depreciation, hyperbolic

6 SHIFT Up (blue) SHIFT Down (orange)

7 Numbered keys: 1, and Statistical functions and Statistical functions and

8 Clear Clear all Clear selected memory

9 On Off Operating mode

10 Numbered keys: 0 and Common mathematical Z and T probability and

11 Mathematical functions Common mathematical Trigonometric functions

Legal Notice .........................................................................ii

Power On and Off

= and then simultaneously press 1 or A.

Basics of Key Functions

Table 1-1 Basics of key functions

Keys Display Description

= 0.00 Turns calculator on.

Keys Display Description

JGD| 12_ Erases last character.

M 0.00 Clears display.

\t STAT CLR (message flashes, then Clears statistics

\N 12 P_Yr (message flashes, then

]Oj BOND CLR (message flashes,

]OY BR EV CLR (message flashes, then Clears break-even

]OJ TVM CLR (message flashes, then Clears tvm memory.

]O: CFLO CLR (message flashes, then Clears cash flow

\> Turns calculator off.

When you press \ or ], a shift annunciator or is displayed to

operation of another key's function. These three tertiary functions, ]O,

Keys Associated Function

\N Clear all memory.

]Oj Clears bond memory.

]OY Clears break-even memory.

]OJ Clears TVM memory.

]O: Clears cash flow memory.

Table 1-3 Keys for percentage calculations

Add 15% to $17.50.

Table 1-4 Calculating the price

Keys Display Description

Jj7V:1 17.50 Enters number.

JV4 20.13 Adds 15%.

Table 1-5 Finding the margin

Keys Display Description

JV 15.00 Enters cost.

GG 22.00 Enters price.

31.82 Calculates margin.

Table 1-6 Calculating the price

Keys Display Description

G: 20.00 Enters cost.

DD 33.00 Enters markup.

26.60 Calculates price.

For more information on percentages, refer to chapter 3, Business Percentages in