HP 12C Platinum Calculator

Product Information

To calculate and store the interest rate with monthly compounding, key in the annual interest rate followed by [g] 12÷. Note that the HP12C automatically converts the interest rate to a decimal.

The yellow [f]as well as the blue [g]key will be used quite often as they allow you to access manyof the important functions available on the HP12C.​ Based on the same processor, a limited HP12c 30th Anniversary Edition (NW258AA) was introduced in 2011. [14] Only 40,000 of this model were made. Easy fix, HP. Make us happy to show off that we have this app, and let us inspire others to buy it from you when they see us use it. The Aurora FN1000 calculator in clamshell design was closely inspired by the HP-12C in 2003. Capitalizing on the limited availability of the HP12c Platinum 25th Anniversary Edition, Victor Technology released the Victor V12 in 2007 which was a budget priced clone of the HP12c Platinum edition. It is also available as BrtC FC-12 in Brazil. The 2010 Compucessory CCS28956 [24] aka Compucessory 28956, [25] a clamshell design, is another clone of the HP12c Platinum, but with added margin calculation functions (COST, SELL, MGN). It is also available as Procalc FN 1200C in Brazil. The Truly SC123 in 2015 closely resembles the HP12c Platinum as well, but in a vertical case layout.

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Reverse Polish notation (RPN), also known as Polish postfix notation or postfix notation, is a mathematical notation in which operators follow their operands, in contrast to Polish notation (PN), in which operators precede their operands. By default, the HP12C will show only two decimals places. To modify the number of places displayed, hit the yellow [f]prefix key followed by the number of places you wish to display. For example, to display five decimal places, you would key:

In the above example, if you wished to find the IRR, you would key [f] IRRinstead of [f] NPVafter entering all cash flows. Remember to use correct cash flow sign conventions be used (use opposing signs when cash is flowing in vs out), otherwise your answer will not make sense! It’s helpful to draw up a cash flow timeline when using your HP12C for Time Value of Money calculations. While the TI BA II plus may require more keystrokes to perform calculations like the NPV, the extra 0.5 seconds longer it takes to complete the computation will not make any difference in your exam.The HP-12C is HP's longest and best-selling product, in continual production since its introduction in 1981. Due to its simple operation for key financial calculations, the calculator long ago became the de facto standard among financial professionals. [4] Its popularity has endured despite a relatively simple but iterative process such as amortizing the interest over the life of a loan, a calculation that modern spreadsheets can complete almost instantly, can take over a minute with the HP-12C. The 1977 October edition of the HP Journal contains an article by Roy Martin, the inventor of the simple method of operation used in HP financial calculators, which describes, in detail, the mathematics and functionality built by William Kahan and Roy Martin that is still used today. [5] Models [ edit ] HP-12C [ edit ]