HP 12c Financial Calculator (F2231AA#ABA) | 25 Years and Still Going
electronics:
HP 12c Financial C...
HP 12c Financial Calculator (F2231AA#ABA)
Hewlett Packard
Hewlett Packard
, 2006
average customer review:
based on 99 reviews
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highly recommended
Ask a serious
financial
analyst or MBA about the HP
12c
and they'll probably tell you they couldn't get where they are without one. For 25 years, the 12c has demonstrated its excellence and has been established as the ultimate pocket-size
calculator
for financial use. The HP 12c Platinum is a faster, enhanced version of the industry-leading 12c calculator designed for the financial professional who demands more. Enjoy both RPN and Algebraic modes of entry, keystroke programming with memory for up to 400 steps and more-than 130 built-in functions. New "Undo" and "Backspace" buttons for efficient editing. Plus faster speeds for calculating TVM, loan payments, interest rates, standard deviation and more. Work more efficiently with memory for up to 80 cash flows. Ideal for real estate, finance, accounting, economics and business work. The easy-to-use layout and stylish look with metal backplate suitable for engraving and commemorative leather pouch make it a welcome addition to any desktop or a great gift idea. Ideal for real estate, finance, accounting, economics and business work. Permitted for use on the CFP and CFA Certification Exams, and GARP FRM Exam. Business/Finance Features include - TVM (loans, savings and leasing); Amortization; Bond price and yield to maturity; Cash flow analysis NPV, IRR; Memory for up to 30 cash flows; SL, DB, SOYD depreciation methods; % change, % of total; Statistical Functions - Over 130 built-in functions - Cumulative statistical analysis; Standard deviation, mean, weighted mean; Linear regression; Forecasting, correlation coefficient 1 line x 10 characters LCD Screen Uses CR2032 battery (1 included) - Approximate lifespan of battery - 2 years (when used 1 hour/day) Includes Soft Pouch and User Manual Unit Size (L ? W ? D) 12.9 ? 7.9 ? 1.5 cm (5.1 ? 3.1 ?. 6 in) You also get the reassurance of award-winning HP support available to you 24-hours a day, as well as a
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Calculators purchased
I received the product quickly and with exact information about billing and shipping charges. Everything that I submitted was exactly the same when the product came in and billing charges were accurate. It was a pleasure to do business with Amazon and I would recommend this site to everyone.
25 Years and Still Going
To be clear, MY
12C
is 25 years old and still going! I originally bought it for results validation when programming bond and money market price/yield calculations. That software was used for next couple of decades in a variety of securities accounting, trading, and various other
financial
software suites. That the 12C was (and is) regarded by traders and portfolio managers as 100% accurate for such purposes should give you an indication why this
calculator
has dominated the financial calculator marketplace among professionals. Back then, only a Monroe bond calculator (a very expensive desk calculator) would have been preferred over the 12C. The 12C is still found on trading desks everywhere, though Bloomberg has become the reference standard for fixed-income.
The price in the early 80s was $225, and $75 now (plus or minus) - a bargain. I still like the small size and rugged build. One of the benefits of the small form factor is that it's convenient to bring along anytime you want basic payment calculations (for which the 12C has dedicated keys), as when making a purchase or in the real estate market. I can run rate & payment scenarios on the fly as fast as necessary.
There are limits to what the 12C can reasonably do with its built-in calcs. For example, while simple bonds are handled with the built in calcs (i.e., just plug in the parameters), non-standard bonds are accomodated at the expense of some programming. Anything really bizarre might have you resorting to plugging in individual cash flows - tedious if you have a lot of them, and now better suited for a spreadsheet. Basic variations around day count type, beginning/end of period-based discounting, date conventions, etc. are available with standard calcs.
This is a great, classic, and still highly useful calculator. The newest version is the first I would consider to replace my original, plus the newer version is faster.
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Proper Calculator
I bought the HP
12C
Financial
Calculator
in proper moment, because I needed a good calculator.
HP 12C Platinum
This
calculator
is the best
financial
calculator in the world. I would recommend it to anyone looking for a business calculator. Takes a bit of getting used to, but once you do, you will not want to be without it.
Advanced
This
calculator
is very advanced, it has more functions than I know what to do with. The
12c
calculator is smaller and has more features than the BA-II. It also comes with a cool carrying case.
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