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Old 07-05-2004, 08:26 PM
BreadWithSpam@fractious.net
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Default Re: Calculator Advice Needed

"JS Rodewald" <basil[at]nycap.rr.com> writes:
- quote -

> "Michael Roback" <roback[at]earthlink.net> wrote in message
> news:h0FFc.3842$R36.2798[at]newsread2.news.pas.earthlink.net...


> > I had used a 12C a few years ago and hated it. I guess I am too


> > calculators do you folks like? I know the CFP exam, should I want
> > to sit for it does not allow a 12C or any other programmable
> > calculator.

> The last time I looked at the list of acceptable calculators for use
> on the CFP exam it included the HP 10B, 12C, the 17BII and the TI
> BAII. I personally use the 17BII and am quite pleased with it. The
> 17BII can be put into either RPN or algebraic modes on the fly. It
> is fully programmable, but


I don't know about the CFP, but the CFA _used_ to permit the
12C, the Ti BAII and the 17BII. Until two or three years ago.
Now the CFA permits only the 12C and BAII. Which is a shame,
as the 17BII is a great calculator. The only complain I
ever had about it was that it seemed to eat batteries a lot
faster than the 12C. If you prefer algebraic rather than
RPN, the Ti BAII isn't bad at all and it's very cheap. I
like the 17BII better and, if it's indeed being replaced and
you can find one cheap, grab it up. It's great. But look
at what's currently allowed on whatever exams you're planning
on taking. And get used to what they permit.


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  #1  
Old 07-04-2004, 10:45 AM
JS Rodewald
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Default Re: Calculator Advice Needed


"Michael Roback" <roback[at]earthlink.net> wrote in message
news:h0FFc.3842$R36.2798[at]newsread2.news.pas.earthlink.net...
- quote -

> I have been using a HP 10B for several years and it has been great for me.
> I find myself wanting to construct and program more complex multi variable
> calculations and compute bond yields and so I think I need something more.
> I had used a 12C a few years ago and hated it. I guess I am too

accustomed
> to algebraic and couldn't adapt to RPN. I know the school that I am
> thinking of taking some finance courses at (UCLA) tends to push the 12C

and
> has a class in using it. I never had to take a class to use the 10B!!

What
> calculators do you folks like? I know the CFP exam, should I want to sit
> for it does not allow a 12C or any other programmable calculator.


The last time I looked at the list of acceptable calculators for use on the
CFP exam it included the HP 10B, 12C, the 17BII and the TI BAII. I
personally use the 17BII and am quite pleased with it. The 17BII can be put
into either RPN or algebraic modes on the fly. It is fully programmable, but
not easily. There are no alphabet keys, but formulas can be programmed into
it through a series of menus that allow you to enter letters. HP used to
make another financial calculator above the 17BII which does have alphabet
keys but it is no longer in production. If I recall correctly, I believe it
was a 19 series.

HP has recently updated the 17BII to the 17BII+. If you want to pick up an
older model on the cheap, check out Ebay. For thirty dollars you'll pick up
a strong calculator with extensive documentation.

JSR

 
Old 07-03-2004, 11:45 PM
Richard Cline
Guest
 
Posts: n/a
Default Re: Calculator Advice Needed

In article <h0FFc.3842$R36.2798[at]newsread2.news.pas.earthlink.net> ,
"Michael Roback" <roback[at]earthlink.net> wrote:

They don't come much simpler than the 12C. Admittedly, you need to use
it for a little while to become accustomed to the reverse logic but it
works great.

If you are sitting as your desk you should often use Excel. It is very
instructive to develop full spread sheets.

Dick


- quote -

> I have been using a HP 10B for several years and it has been great for
> me.
> I find myself wanting to construct and program more complex multi
> variable
> calculations and compute bond yields and so I think I need something
> more.
> I had used a 12C a few years ago and hated it. I guess I am too
> accustomed
> to algebraic and couldn't adapt to RPN. I know the school that I am
> thinking of taking some finance courses at (UCLA) tends to push the 12C
> and
> has a class in using it. I never had to take a class to use the 10B!!
> What
> calculators do you folks like? I know the CFP exam, should I want to sit
> for it does not allow a 12C or any other programmable calculator. I know
> some finance programs actually prefer the 10B. I am confused. What do
> you
> folks recommend. I want the most power in as user friendly a unit as
> possible. Thanks.


  #-1  
Old 07-03-2004, 10:40 PM
Michael Roback
Guest
 
Posts: n/a
Default Calculator Advice Needed

I have been using a HP 10B for several years and it has been great for me.
I find myself wanting to construct and program more complex multi variable
calculations and compute bond yields and so I think I need something more.
I had used a 12C a few years ago and hated it. I guess I am too accustomed
to algebraic and couldn't adapt to RPN. I know the school that I am
thinking of taking some finance courses at (UCLA) tends to push the 12C and
has a class in using it. I never had to take a class to use the 10B!! What
calculators do you folks like? I know the CFP exam, should I want to sit
for it does not allow a 12C or any other programmable calculator. I know
some finance programs actually prefer the 10B. I am confused. What do you
folks recommend. I want the most power in as user friendly a unit as
possible. Thanks.

 

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