As you work through different problems on your financial calculator, one of the easiest ways to make a mistake is to not clear out your existing work from other problems.

The 10bii Financial Calculator is a versatile and powerful financial calculator which features more than 105 different functions for financial analysis, business, statistics, and general mathematics.

These financial calculators are not widely used in finance and commercial real estate and therefore are not recommended. The second in 2007, branded as "10bII", had a silver bezel and blue statistical shift button and key labels. But first, lets discuss how to avoid a common mistake people make when using a financial calculator.

So, now we know 4 out of the 5 time value of money components and we can easily solve for the 5th unknown interest rate component, which turns out to be 6. For instance, the keyboard layout is different, with two separate shift keys, and the available numbered-storage registers is reduced from 15 to 10. Yet, it’s surprising how many commercial real estate and finance professionals still don’t know how to properly use a financial calculator.We’ll discuss everything you need to know about getting started, we’ll cover some routine calculations, and we’ll also tackle some common mistakes and misconceptions. However, the layout and the core calculations for math and the time value of money are the same and everything covered in this article will also apply to the HP 10BII+. The white letters are the primary functions, while the gold and purple letters indicate alternative functions for the same key. This is one of the newer and most popular Texas Instrument financial calculators and is also widely used in business schools and the finance industry. Notice the gold text on the ON button, which indicates this is a secondary function for the same button that needs to be preceded by the Gold key.

As an aside, both the HP 10BII and the TI BA2 Plus have excellent emulator apps for iOS and Android devices. Time value of money is the economic principle that a dollar received today has greater value than a dollar received in the future.The successor HP 10BII (F1902A), which was introduced in 2001, has both cosmetic and architectural changes from its predecessor. The 10bii Financial Calculator is truly powerful enough for the professional but accessible enough for everyone. As with the cosmetic variants of the original 10B, these two variants also appear to have identical functionality.

A common task when using a financial calculator, especially when working with the time value of money functions, is changing the sign of a number. One of the most common problems people make when using a financial calculator is inputting inconsistent time value of money components.Modeled after the extremely popular 10bII Financial Calculator by Hewlett Packard, the 10bii Financial Calculator combines precise mathematics, intuitive display, and ease-of-use in one compact package. Below we’ll go over how to use each of the 5 keys individually and also go over some practice problems. The first in 2001, branded as "10BII", had a golden bezel and mauve statistical shift button and key labels. Assuming you’re comfortable with the time value of money, let’s next get familiar with the layout of the HP 10BII financial calculator. Special thanks to our interns, Brian LaBarbera and Greg Rucker for helping us to create this great app for you!