An item that has been previously used. The item may have some signs of cosmetic wear, but is fully operational and functions as intended. This item may be a floor model or an item that has been returned to the seller after a period of use. See the seller’s listing for full details and description of any imperfections.
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“Photos are of the actual item. Excellent condition (looks new). Please review all photos for full condition. New batteries fitted (Oct 2018). Tested and working.”
Hewlett Packard HP12c - THE finance professional's calc
I'm an accountant of some 20 years standing. Most of my work involves the financing of capital equipment. I bought this calculator despite the fact that I already own one, I forgot to bring it with me but I found that I simply could not do without it. I do a lot of TVM (Time value of money) calculations centering around the cost of leasing of plant or the CIP capitalisation and yes it would be easier to do this work using Excel on a PC but who wants to fire a a laptop in the middle of a meeting just to do few calculations. This calculator does such calculations in the time it would take Windows to start up on most PC's. Other things I like about it: It is really accurate, the internal implememtation of the formulae for the built in functions such as discounted cash flows and modified rate of internal return (crucial for investment decision making) are perfect, the results returned by these functions are correct to 6 decimal places to my manual working (actually this degree of accuracy is unecessary) but I have used spreadsheet models of these functions written by others which have been just plain wrong. If you are an accountant working extensivly in these area's or working in finance, you need one of these.
An reaquaintance with an old friend. Quality at a reasonable price.
I have been taking financial exams again recently and remembered the first time I did them 25 years ago a friend lent me his calculator, it was a HP12c.
I passed them then, so I thought I would like an old friend on my side this time. As it happens I couldn`t use it in an exam at this level, but the study and tutorials for this calculator opened things up for me, and I got into the right frame of mind whilst revising and passed again. It is now a new hobby, finding out just how much it can do. I like the fact it is a bit retro, although it looks better on its age than I do. I love it now as I did then. I couldn`t afford one then, but now I have one all of my own!
I bought this calculator because it remember me the one i had at university. It looks cool and vintage and its RPN style is fantastic. If you start using RPN you will never come back. It was cheeper than a new one and arrives from UK faster than if i bought it from Italy. Congratulation, excellent e-bayer. Thank you very much. There where also working batteries+++