Nearly all business-related fields require comprehensive knowledge of the various capabilities a financial calculator has to offer. The HP 10bII Plus is perhaps the smartest option currently available for those in either a business or university setting, allowing users to tackle even the most complex calculations. Check out this quick overview containing everything you need to know about the HP 10bII Plus.
General Info about the HP 10bII Plus
The all-around best financial calculator released by HP thus far is the HP 10bII Plus. With over 170 trigonometric, statistical, and algebraic functions available, including TVM, NPV, IRR, loan payment, and interest rate calculation, the HP 10bII Plus works magic to quickly and efficiently arrive at the correct answer every time. The HP 10bII Plus offers two operating modes: algebraic and chain algebraic. Thanks to its user-friendly design and functional keyboard layout, this calculator is an essential tool for any student or business professional. Its minimal footprint but solid build makes the HP 10bII Plus a pleasure to use and offers the best bang for your buck.
HP 10bII Plus Product Specifications
- Financial capabilities include Time-Value-of-Money, cash-flow analysis, depreciation, interest conversion, bonds, breakeven analysis, margin/cost of sales, and date calculations.
- Statistical capabilities include statistical analysis, prediction, standard deviation, probability, mean, and correlation.
- Mathematical capabilities include square roots, trigonometric and inverse trigonometric functions, and hyperbolic and inverse hyperbolic functions.
- 22 memory registers.
- 5-minute automatic power off (with memory protection).
- 1-line, 12-digit LCD display.
- Dimensions of 3.19 x 0.6 x 5.7-inches.
- Weighs 3 ounces.
- Requires 2 CR2032 batteries (included).
- Permitted for use on exams including College Board AP tests, PSAT/NMSQT, SAT, and CFP Certification.
- Protective sleeve.
PROS and CONS of the HP 10bII Plus
- Inexpensive compared to the comparable HP-12C.
- Slim and lightweight body with a solid build.
- Easy-to-read display with adjustable contrast.
- Extremely user-friendly and intuitive.
- Allows users to easily review and edit cash flows and data points.
- Provides precise numerical answers unlike the comparable HP-12C.
- 5-minute automatic power off, which preserves data.
- Excellent keyboard layout that combines functions for ease of use.
- Keys offer a good tactile response with an audible “click”.
- Features rubber feet on the bottom for single-handed use on a desk.
- Comprehensive instruction manual available online.
- Does not feature Reverse Polish Notation (RPN) mode.
- Keys are not color-coded, which results in a greater learning curve for some.
- Lacks a “K” indicator that tells the user when the constant function is active.
- Does not have a low battery indicator.
- Lacks the ability to run on solar power.
- Protective sleeve is cheaply made and offers little protection.
HP 10bII Plus User Complaints
- Must set the Periods Per Year (P/YR) key to the proper setting upon initial set-up; failing to do so will result in incorrect calculations.
- Since the calculator stores data from each input, clearing it completely is required before moving onto a different calculation.
- Due to the soft nature of the protective sleeve, the power button can easily be engaged, wasting battery power and messing up previously stored data.
Despite these few issues, many users praise the HP 10bII Plus for its intuitiveness compared to its competition, as it offers keyboard sequences for particular functions that are easier to remember. Users like the ability to program the calculator to display a certain amount of decimal places. The addition of rubber feet on the bottom is another top highlight, allowing users to easily compute single-handedly on a desk without worrying about the calculator sliding.
In conclusion, the HP 10bII Plus is an ultra-capable calculator that offers a variety of important functions to business professionals and students alike. With the ability to easily program the calculator based on your own personal needs, users find this particular model to be one of the most intuitive and easiest to use. If you’re a fan of the HP 10bII Plus, what are some of your favorite features that this calculator offers? What types of features, if any, would you like to see in the next revamp of this calculator? Leave a comment below and let us know your thoughts.