HP 20b Business Consultant Manuel d'instructions

HP 20b Business ConsultantFinancial Calculator Quick Start GuideFor free training, visit www.hp.com/go/calctrainingHP part number: F2219-90001First ed

Basic Features10Table 1-1 Mode Menu SettingsSetting Display DescriptionDecimal orCommaThe current thousands separator. Decimal (1000.00 or1,000.00); C

Basic Features11Changing the Operating ModeAfter viewing the default settings, suppose you want to change the operatingmode from Chain to RPN. See Tab

Basic Features12Table 1-2 Changing the Operating ModeKeys Display DescriptionOExits the Mode menu and returnsyou to the default calculatorscreen.Key P

Basic Features13When : is active, the down arrow annunciator appears on screen, indicatingthat the next key pressed will execute the secondary functio

Basic Features14Table 1-3 Annunciator SymbolsAnnunciator Symbol StatusSmall (=) symbolIndicates an item for which the = key isvalid. This symbol appea

Basic Features15The I key is also used in Reverse Polish Notation (RPN) mode to enter anumber on the stack or duplicate it.The = KeyThe = key is used

Basic Features16When an item for which the = key is valid displays, the small indicator (=) isdisplayed on the top line at the right of the screen. Do

Basic Features17are working in the Bond menu and you wish to reset all your entries in the Bondmenu. From anywhere in the Bond menu, press :x.Bonddisp

Basic Features18Accessing Menus and Menu MapsMany of the 20b's functions are located within menus. To access a menu, pressthe key, or shift key c

Basic Features19There are four types of menu items:1. Read/write. Read/write menu items, such asPrice=in the Break-even menu shown above, are easily r

Basic Features2Legal NoticesThis manual and any examples contained herein are provided “as is” and are subject tochange without notice. Hewlett-Packar

Mathematical Calculations202 Mathematical CalculationsMathematical FunctionsMathematical functions are located: On keys, such as, +-*/ etc. On shift

Mathematical Calculations21To enter a number in the display, press the digits successively. A number canhave up to 12 digits.To change the sign of a n

Mathematical Calculations22For example, to calculate 1+ (2 x 3), you may enter the problem as written fromleft to right, with parentheses to prioritiz

Mathematical Calculations23 First priority: the power function (yx) Second priority: combinations and permutations Third priority: multiplication a

Mathematical Calculations24You do not need to enter parentheses to set the priority of your operations inRPN. Key in numbers and operations inside the

Mathematical Calculations25Table 2-2 Simple Arithmetic Calculations in RPN ModeKeys Display Description*Continues the operation with thedisplayed resu

Mathematical Calculations26Note: before doing any trigonometric calculations in the Math menu, checkwhether the angle mode is set for degrees (Degrees

Mathematical Calculations27Table 2-3 Shifted Function Mathematical OperationsKeys Description:fExecutes theRandomfunction. Returns a randomnumber in t

Mathematical Calculations28Figure 2-2 The Menu Map for the Math Menu

Mathematical Calculations29Press < to scroll through the menu items, starting withTrigonometry. TheTrigonometry,Hyperbolic, andProbabilityitems hav

3ContentsLegal Notices 2HP 20b Business Consultant 41 Basic Features 62 Mathematical Calculations 203 Statistical Operations 344 Time Value of Money 4

Mathematical Calculations30function, and continue calculating with your original operation without losing yourwork.Two-Number FunctionsApart from +-*/

Mathematical Calculations313. Press 3=. The results are shown Figure 2-3.Figure 2-3In RPN mode, key in the numbers first, followed by I, then press th

Mathematical Calculations324. To recall a number, press L. WithRCLdisplayed in the top line, keyin the number of the memory you used.You can also perf

Mathematical Calculations33Note: theFIX=setting only affects the display; it does not affect the actualnumbers.Simple PercentagesIn Algebraic or Chain

Statistical Operations343 Statistical OperationsFigure 3-1 The Menu Map for the Data and Statistics Menus

Statistical Operations35Statistics operations require the use of two secondary function keys: :yand :z. See Figure 3-1 for assistance with navigating

Statistical Operations36Sales for the last five months are represented by the pairs of values shownbelow, with the month number asx, and the sales val

Statistical Operations37Table 3-2 Statistics ExampleKeys Display Description1I150IInputs current values for X(1)and Y(1). Displays currentvalue for X(

Statistical Operations38Table 3-2 Statistics ExampleKeys Display Description<Opens Descriptive sub-menu.I<<Displays current value for yaverag

Statistical Operations39Table 3-2 Statistics ExampleKeys Display Description<Displays current value forCorrelation.:z<<<I<Opens Sums su

HP 20b Business Consultant4HP 20b Business Consultant

Time Value of Money404 Time Value of MoneyThe examples in the following sections are calculated with the Mode menupreferences in their default setting

Time Value of Money41Table 4-1 Interest Conversion Menu ItemsItem DescriptionNom%=The stated annual interest rate compounded periodically,such as 18%

Time Value of Money42Table 4-2 Interest Rate Conversion ExampleKeys Display Description>Scrolls to payments per year,P/YR.Default value is12.365IIn

Time Value of Money43To input current data, enter a number followed by the TVM key for the requireditem. To calculate an unknown value, enter all know

Time Value of Money44Table 4-3 TVM KeysKeys DescriptionFStores or calculates the future value (FV), a final cash flow.FV always occurs at the end of t

Time Value of Money45Table 4-4 TVM ExampleKeys Display Description360NInputs360as the current value for thenumber of payments over 30 years.6.5YInputs

Time Value of Money46The Amortization menu calculations are based on values stored in the followingTVM keys: N, Y, V, M and [.To enter current data fo

Time Value of Money47Table 4-5 Amortization Menu ItemsMenu Item/Key DescriptionNb Per=Number of periods to group together in the amortizationcalculati

Time Value of Money48Table 4-6. The example below is shown with RPN as the active operatingmode.Table 4-6 Amortization ExampleKeys Display Description

Time Value of Money49Table 4-6 Amortization ExampleKeys Display DescriptionADisplays the current period ofamortization in months. Default is12.<Dis

HP 20b Business Consultant5Keyboard Map LegendNo. Feature Chapter(s) No. Feature Chapter(s)1Time Value ofMoney keys416Annunciatordisplay area12Cash Fl

Cash Flows505 Cash FlowsFigure 5-1 Cash Flow DiagramA cash flow list is a set of numbered pairs,CF(n)and#CF(n), wherenis theindex of the cash flow lis

Cash Flows51repeated multiple times in a list, using#CF(n)instead of entering the cash flowvalue multiple times can save you time and memory space in

Cash Flows52Table 5-1 Cash Flow KeysKey DescriptionIInputs current values to variables in the cash flow listas well as the Net Present Value (NPV) and

Cash Flows53Table 5-2 Cash Flow ExampleKeys Display DescriptionCOpens the cash flow list startingwith the current value of theinitial cash flow,CF(0).

Cash Flows54Table 5-2 Cash Flow ExampleKeys Display DescriptionIInputs the current value of CF(1)as5000. Displays the currentvalue,1, for the frequenc

Cash Flows55Table 5-2 Cash Flow ExampleKeys Display DescriptionIInputs the current value of CF(3)as0. Displays the current value,1, for the frequency

Cash Flows56Table 5-2 Cash Flow ExampleKeys Display DescriptionIAssigns the current value ofCF(5) as5000. Displays thecurrent value,1, for thefrequenc

Cash Flows57Analyzing Cash FlowsThe various functions used to analyze cash flows are located in the NPV P andIRR R menus.If you press R or P before en

Cash Flows58Figure 5-2 The Menu Map for the NPV and IRR Menus

Cash Flows59Table 5-3 NPV and IRR Menu ItemsItem DescriptionInv. I%=Investment or discount rate. Enter the investment rateor discount rate for the cas

Basic Features61 Basic FeaturesWelcome to the HP 20b Financial CalculatorThis guidebook is designed to get you started with your new 20b FinancialCalc

Cash Flows60Table 5-3 NPV and IRR Menu ItemsItem DescriptionTotal=The sum of all the cash flows, equivalent to NPV if Inv.I% is0.RIRR%=Internal rate o

Cash Flows61Table 5-4 NPV and IRR ExampleKeys Display Description<Scrolls to current value for NFV.<Scrolls to current value for Net US.<Scro

Business Problems626 Business ProblemsFigure 6-1 The Menu Map for the Percent Calculation (%calc) MenuPress :# to open the menu. There are four items

Business Problems63scroll to the item you require. Press I with a menu item displayed toaccess its-sub menu. To enter data in the sub-menus, select th

Business Problems64Table 6-1 Markup ExampleKeys Display Description15IInputs15as the current value forcost.<Scrolls toPrice=and displays thecurrent

Business Problems65Table 6-2 Percent Change ExampleKeys Display Description:#Opens the %calc menu startingwithMkup.%C.<<<Scrolls to%Change.ID

Business Problems663. What is 30% of 80?Table 6-3 Part % of Total ExampleKeys Display Description:#Opens the %calc menu startingwithMkup.%C.<<Sc

Business Problems67Table 6-3 Part % of Total ExampleKeys Display Description=Calculates the current value ofPart% Tot.=.30 is 37.50% of 80.

Bonds687 BondsFigure 7-1 The Menu Map for the Bond MenuBefore you enter the Bond menu, be sure to check that the date format is set inthe format requi

Bonds69Press > or < repeatedly to scroll through the items shown in Figure 7-1.To input current data, with an item displayed, key in a number an

Basic Features72. Press > repeatedly until English displays on the screen.3. Press I until the desired language is displayed. The displayedlanguage

Bonds70Table 7-1 Bond MenuVariable DescriptionCall=Call value. Default is set for a call price per$100.00 face value. A bond at maturity has a callval

Bonds71Table 7-2. The example below is shown with RPN as the active operatingmode.Table 7-2 Bond Calculation ExampleKey Display DescriptionBOpens the

Bonds72Table 7-2 Bond Calculation ExampleKey Display Description<Displays the current maturity dateinmm.ddyyyformat.6.042020IInputs the current mat

Bonds73Table 7-2 Bond Calculation ExampleKey Display Description<Displays the current value forPrice=.=Calculates the current value forPrice=.:$1St

Depreciation748 DepreciationFigure 8-1 The Menu Map for the Depreciation MenuPress :\ to open the Depreciation menu. Press I to cycle throughthe depre

Depreciation75Brief descriptions of the methods used to calculate depreciation are provided inTable 8-1. Table 8-2 describes the items found in the de

Depreciation76Table 8-1 Depreciation MethodsDepreciationMethodDescriptionDecBalDeclining balance is an accelerated depreciation methodthat presumes an

Depreciation77Table 8-2 Depreciation Menu ItemsItem DescriptionLife=The expected useful life of the asset in whole years.Start=Start refers to the dat

Depreciation78Table 8-2 Depreciation Menu ItemsItem DescriptionFactor=The declining balance factor as a percentage. Thisis used for declining balance

Depreciation79Table 8-3 Straight Line Depreciation ExampleKey Display Description<Displays the current value ofStart=.1is the default value.<Dis

Basic Features8The top line of the screen displays operation status, operator symbols,annunciators, and abbreviations of the registers, variables, and

Depreciation80Table 8-3 Straight Line Depreciation ExampleKey Display Description<Displays the current remainingdepreciable value after year 1.<

Break-even819 Break-evenFigure 9-1 The Menu Map for the Break-even MenuPress :! to open the Break-even menu. Starting withFixed=, input knowndata by e

Break-even82Table 9-1 Break-even ExampleKeys Display Description:!Opens the Break-even menustarting with the current value forfixed costs.150000IInput

Break-even83Table 9-1 Break-even ExampleKeys Display Description<Displays the current value forQuantity=.=Calculates the current value for theunkno

Warranty, Regulatory, and ContactInformation8410 Warranty, Regulatory, and Contact InformationReplacing the BatteriesUse only fresh batteries. Do not

Warranty, Regulatory, and ContactInformation85HP warrants to you, the end-user customer, that HP hardware, accessories andsupplies will be free from d

Warranty, Regulatory, and ContactInformation86TO THE EXTENT ALLOWED BY LOCAL LAW, THE REMEDIES IN THISWARRANTY STATEMENT ARE YOUR SOLE AND EXCLUSIVE R

Warranty, Regulatory, and ContactInformation87Regulatory InformationFederal Communications Commission NoticeThis equipment has been tested and found t

Warranty, Regulatory, and ContactInformation88Declaration of Conformity forProducts Marked with FCC Logo,United States OnlyThis device complies with P

Warranty, Regulatory, and ContactInformation89European Union Regulatory NoticeThis product complies with the following EU Directives:•Low Voltage Dire

Basic Features9Table 1-1 Mode Menu SettingsSetting Display DescriptionFIX= 2 The current number of digits displayed to the right of thedecimal point.

Warranty, Regulatory, and ContactInformation90Japanese NoticeDisposal of Waste Equipment by Users inPrivate Household in the European UnionThis symbol

Warranty, Regulatory, and ContactInformation91Table 10-1 Contact InformationCountry/Region ContactAfrica (English) www.hp.com/supportAfrica (French) w

Warranty, Regulatory, and ContactInformation92Table 10-1 Contact InformationCountry/Region ContactColombia 01-8000-51-4746-8368Costa Rica 0-800-011-05

Warranty, Regulatory, and ContactInformation93Table 10-1 Contact InformationCountry/Region ContactIndia www.hp.com/support/indiaIndonesia +65 6100 668

Warranty, Regulatory, and ContactInformation94Table 10-1 Contact InformationCountry/Region ContactParaguay (009) 800-541-0006Peru 0-800-10111Philippin

Warranty, Regulatory, and ContactInformation95Table 10-1 Contact InformationCountry/Region ContactSwitzerland (Italian) 022 567 5308Taiwan +852 2805-2