![]() On the other hand, the TI looks and acts like any standard calculator. On top of that, it has a slower processor (HP opted not to make any changes since its first release in the early 80’s) and more expensive. ![]() It gets even more complicated when you have multiple operations. To add 1 and 2 together, you would type in “1 2 +” instead of “1 + 2”. At first, I thought my iPhone was just acting up (crazy, I know) but I later found out that the HP uses something called the RPN (Reverse Polish notation). The first thing I noticed was that I couldn’t figure out how to use it! Adding or subtracting didn’t seem to work, nor did any other basic mathematical function. ![]() ![]() I had the chance to try the HP 12C, on my iPhone no less (there’s an emulator available for download). Unless you are already accustomed to the HP 12C, the de facto standard when it comes to financial calculators, most people will recommend the TI BA II Plus. Aside from the textbooks, there is one other item that you will get to know very intimately when studying for the CFA exams: your financial calculator. The CFA Institute lets you choose between two models: the Texas Instruments BA II Plus (or its Professional variant) and the Hewlett Packard 12C.
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