Earlier businesses were small and all accounts were handled by one single person or with an assistant. So mostly the financial calculations were done by relying on the human brain and of course taking the help of a pen and paper.
Today not only has the business grown into large scale businesses at the same time in order to save time and effort, but calculators also came into existence.
Initially, they were equipped to do only basic math, but as the needs arose today calculators have evolved so much that they can do intricate and complex financial calculations.
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That is why financial calculators have huge demand today. The rise in demand has given rise to a huge variety of financial calculators by various companies.
This, in turn, has necessitated the need to find out the best hp financial calculator among various models.
The first model to make it to the top of the list is:
HP 12C Platinum: This is a 12c platinum 25th-anniversary Financial Calculator. It has a 10 digit LCD display. It includes RPN and Algebraic entry. Not only does it have more memory than its earlier version it also has more power to perform complex industry related calculations. Some of its features include 130 built-in functions and statistical features include forecasting, cumulative analysis, weighted mean, linear regression, etc. Business and finance features have TVM, amortization, bond price, cash flow analysis, etc. It also has a storage capacity of up to 400 recorded keystrokes which can be executed by one single button. To top it all, HP offers free online training on how to use it. This type is mostly preferred by finance professionals
HP 10bII+ Financial Calculator: This model is mostly preferred by finance students. It has about 100 easily accessible and time-saving functions specifically more equation functions. This financial calculator is well equipped to calculate loan payments, interest rates, conversions, percent, TVM, NPV, IRR, and cash flows, etc. The plus point in this HP financial calculator is that it comes at an affordable price and can be therefore considered a wise investment. There is an extensive 187 page manual for it which can be easily downloaded from the HP website. The selling point of this product is that it is permitted to use it in the CFP certification exam.
HP17BII+ FINANCIAL CALCULATOR: This calculator is not only very powerful but is also very easy to use. Some of its features are 28KB of user memory, 250 plus functions, RPN and Algebraic data entry. In addition, it has appointments, calendar, menu prompts and messages. To summarize it has
- Business and Financial features
- Statistical and Mathematical features
- Time and Data Management
The 10 character one line LCD display is easily readable even at an angle. This makes it the ideal model for use in real estate, economics, and accounting finance-related fields. This model too is permitted for use on the CFP certification exam.
HP has used the latest and innovative components to make sure that your calculations are accurate and helps in your working efficiently. So it is best to purchase an HP financial calculator.