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HP 12C Platinum Financial Calculator

HP 12C Platinum Financial Calculator
Brand: Hewlett-Packard
Category: CE

List Price: $104.99
Buy New: $67.62
You Save: $37.37 (36%)



New (44) Used (4) Refurbished (1) from $59.95

Avg. Customer Rating: 4.5 out of 5 stars 101 reviews

Color: Black Face
Media: Electronics
Autographed: No
Memorabilia: No
Number Of Items: 1
Batteries Included: Yes
Shipping Weight (lbs): 2
Dimensions (in): 10.1 x 8.1 x 2.6

MPN: F2231AA#ABA
Model: F2231AA#ABA
UPC: 882780469709
EAN: 0882780469709
ASIN: B000FVNX2Q

Release Date: July 1, 2006
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 101
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5 out of 5 stars 25 Years and Still Going   August 11, 2008
To be clear, MY 12C is 25 years old and still going! I originally bought it for results validation when programming bond and money market price/yield calculations. That software was used for next couple of decades in a variety of securities accounting, trading, and various other financial software suites. That the 12C was (and is) regarded by traders and portfolio managers as 100% accurate for such purposes should give you an indication why this calculator has dominated the financial calculator marketplace among professionals. Back then, only a Monroe bond calculator (a very expensive desk calculator) would have been preferred over the 12C. The 12C is still found on trading desks everywhere, though Bloomberg has become the reference standard for fixed-income.

The price in the early 80s was $225, and $75 now (plus or minus) - a bargain. I still like the small size and rugged build. One of the benefits of the small form factor is that it's convenient to bring along anytime you want basic payment calculations (for which the 12C has dedicated keys), as when making a purchase or in the real estate market. I can run rate & payment scenarios on the fly as fast as necessary.

There are limits to what the 12C can reasonably do with its built-in calcs. For example, while simple bonds are handled with the built in calcs (i.e., just plug in the parameters), non-standard bonds are accomodated at the expense of some programming. Anything really bizarre might have you resorting to plugging in individual cash flows - tedious if you have a lot of them, and now better suited for a spreadsheet. Basic variations around day count type, beginning/end of period-based discounting, date conventions, etc. are available with standard calcs.

This is a great, classic, and still highly useful calculator. The newest version is the first I would consider to replace my original, plus the newer version is faster.



5 out of 5 stars Calculators purchased   June 5, 2008
 1 out of 3 found this review helpful

I received the product quickly and with exact information about billing and shipping charges. Everything that I submitted was exactly the same when the product came in and billing charges were accurate. It was a pleasure to do business with Amazon and I would recommend this site to everyone.


4 out of 5 stars Overall satisfied   May 27, 2008
The Platinum is way faster at calculating IRR. I remember the 12c I used before would let me wait for longer than one minute. But the keys on this anniversary edition doesn't respond as smart as 12c.


4 out of 5 stars Good calculator   May 26, 2008
Design is a bit dated. It does what it supposes to. I just never get use to HP way of button sequence. This got me thru my studies and exams. I prefer Texas Instruments and Casio.


5 out of 5 stars HP classis   May 20, 2008
Excellent calculator. One thing I like about HP calculators is that the buttons aren't "mushy". This makes for accurate entry. Also the instruction book is very instructive, and the calculator recalls the last entry made even if you turn the power off.


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