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HP 17BII Financial Calculator


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Rating: 4 out of 5 stars - Reliable, Keep Spare Batteries
This calculator got me through my BBA and MBA. It's too bad the CFA guys don't accept it. I've had mine since 1992. At least the one produced back then was tough. If you use it a lot, though, it will go through your batteries. Carry some spares. I wish HP would integrate some sort of recharchable batterie witha solar panel so that none of the stored functions are lost.



Rating: 5 out of 5 stars - Don't listen to the Russian CFA guy!!
Using this calculater on the CFA exam can get you kicked out! Just thought I'd set the record straight.

From the AIMR website:

Two models of business calculator are authorized for use on the CFA examinations: the Texas Instruments BA II Plus (including the BA II Plus Professional) and the Hewlett Packard 12C (including the HP 12C Platinum when available). AIMR strictly enforces all policies with regard to calculator usage during the Chartered Financial Analyst examinations and candidates are required to abide by AIMR's policies.

Your calculator will be inspected prior to the start of the examination. Your calculator must then remain on your desk in full view and proctors will continue to inspect calculators throughout the administration of the examination. Proctors are instructed to confiscate all unauthorized calculators. Failure by the proctors to detect an unauthorized calculator prior to the start of the examination, or your use of an unauthorized calculator at any time during the exam, does not imply that the calculator is an approved model or that your scores will ultimately be reported. Use of an unauthorized calculator is considered a violation of AIMR rules, regulation and policies, and may result in a professional conduct investigation with the possibility of sanctions up to and including suspension from participation in the CFA Program and voiding of your examination results.



Rating: 5 out of 5 stars - laapesq
This is the best calculator that I have ever used.

I acquired it immediately prior to purchasing a car. The loan calculation function allowed me to compare and contrast the different loan packages, interest rates, length of loan and other variables.

Want to know how much your 401 (k) will be worth when you are 59½ years old? You can select a financial calculation that will let you insert the present value, monthly contribution and years to retirement. You can then determine the dollar value assuming a return of 5%, 6%, 7% and so on.

The inherent power and financial tools available in this calculator will pay for itself in a very short while. The soft cover paperback manual easily and throughly explanes all financial functions and can be read in less then 3 hours.

Why hire an accountant or MBA when you can do it yourself?



Rating: 5 out of 5 stars - Happy camper
Traded my 12c in for this baby and couldn't be happier. Much faster and user-friendly, with alphanumeric display and great solver functionality. Easy to program too, programming on the 12c was so clumsy and convoluted as to be unusable. It can be held in your left hand and operated with your thumb only, something you can't do with the 12c because of the horizontal form factor.

I'm more and more convinced that the popularity of the 12c is a clear sign that finance people don't have much of a clue when it comes to technology.



Rating: 5 out of 5 stars - HP 17B II
The premiere business and financial calculator with over 250 built-in functions. Its menu driven set-up makes it very user-friendly. Most of the powerful functions are accessed through the simple "softkey" on-screen menu/submenu system where the function of the buttons at the top changes depending on what you are trying to calculate.

Features include:

* All basic math functions plus logarithms, reciprocal, factorial etc. and a simple to use memory/recall set-up.
* Business/financial functions including Time Value of Money, cash flows, IRR, NPV, , required periodic payment (i.e. for mortgage/car payments), and a full bond price/yield/coupon function.
* Programmable -- user can:
* Create own formulas (e.g. an involved formula or a series of several calculations done in a row or done on a regular basis), * Create softkeys for the formula, and then
* Access this formula the same way the other formulas like time value of money are accessed.
* Statistics.
* Algebraic solver.
* Time and appointments.
* A beeper which beeps on appointments and optionally on errors.
* 6.7K Bytes of user memory
* 2-line, 22-character LCD
* Both Algebraic notation (default) and Reverse Polish notation
* Infrared printing compatible with HP printers.
* Batteries: 3 x LR44
* 6.7K Bytes of user memory.

I have used a lot of financial calculators and this one is my all time favorite. Simple to use, yet more functions and power than most anyone will ever need.


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