Rated 4.5 out of 5 based off 2,159 ratings

$49.99 View Price

Brand HP
Color Black/Gold
Calculator Type Business/Financial Calculator
Power Source Battery
Screen Size 2 Inches

  • Easy-to-use layout helps prevent typing errors for efficient data entry
  • More than 120 built-in functions help you easily make variety of calculations
  • Power-off memory protection keeps your data safe
  • Perfect for real estate, finance, accounting, business and more

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HP 12C Financial Calculator


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Product Description

The HP 12C Financial Calculator features built-in financial functions and statistics, uses Reverse Polish Notation (RPN), more than 120 built-in functions, including register-based cash-flow analysis, 10-character, 1-line LCD display, Device measures 5.0 x 0.6 x 3.1 inches (WxHxD).It has 10-character, 1-line LCD display.

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If you bought yourself a financial calculator during the 1980s, chances are it was this bad boy. Nothing has changed since its introduction--it still uses Reverse Polish Notation (RPN), is easy and versatile in programming, and has a thin, sturdy casing. Certainly, there's been newer, fancier calculators introduced since, but there's something to be said for the quality of classics.

The HP 12C's functions include all the basics--such as calculating APR, NPV, and IRR--and statistics are a snap. For students new to financial calculators, this is an excellent place to start. For the most part, the manual reads like a minitextbook, walking you through sample problems and situations followed by graphs and tables demonstrating the technique--and you can even check your results. The section on creating programs does seem to be written for the technically ignorant, addressing in detail how you could possibly benefit from using programs, but it'll still help you get the job done.

In general, it's a bit slower than newer models, just like last year's computer isn't as speedy as today's new release. On the plus side, it's just 3 by 5 inches and slips easily into a pocket. The bottom is printed with a few little cheat notes for common functions, which is nice for quick reference. The HP 12C's one-year warranty and available tech-support line offer reassurance this little workhorse will continue to be an industry standard for years to come. --Jill Lightner

Pros:

  • Pocket size
  • Thorough and simple instruction manual
  • Competitive price

    Cons:

    • Calculates more slowly than modern machines What's in the Box
      Calculator, user's manual, installed batteries and carrying case
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Product Reviews:


Michael Simone
4.0 out of 5 stars

Make a 30th Anniv Edition/Legacy 12C Sensitive Keypad, a DYI Solution for No More Sticky Keys!
Reviewed in the United States on September 18, 2020

Verified Purchase
No keypads are as good as the legacy HP12Cs. But they're too slow. The 30th Anniv edition had great keypad, I loved them, but the calculators were not robust like the old legacy 12Cs.. I've gone through 2ea 30th Anniv editions and won't spend the current $300 asking price for them now. But I found an even better solution!

Solution: buy a new or good used inexpensive12C that uses 2ea CR2032 batteries. Remove the footpads with a blunt knife. Remove the batteries. Remove all the screws with a small jewelers Phillips screwdriver and with the keypad side down carefully unsnap the covers and gently fold the back to the left; careful don't break the wire connections (although I have done and had to resolder them)!

Use two cut two pieces of manilla folder (or better, one piece where the hinge doubles the thickness) to cover the circuit board, placing them over the circuit board just to the right of the wire connections. Size: just under 4" by just over 2", but measure it yourself. What you are doing is putting a backstop to the keyboard, making it much more sensitive to finger pressure. Simply lay the 2 thicknesses over the circuit board and fold the back cover gently on to the front cover and snap back in place. Replace the 6 screws. insert batteries and test it. Put a thin coat of rubber cement on the footpads and replace them.

I've edited this review and this is the step by step with pix:

1. Removing the foot pads

2. There are 6 screws, 1 Smaller and 5 Larger

3. Snapping the case apart

4. Open is to the left as if it had a hinge, careful not to break the wire soldering

5. Cut your manilla folder; I cut it at the hinge so it folds over for two layers

6. Place the cut out on the board. NOTE: a bit of scotch tape helps; be careful to tape it over plastic sections of the circuit board only, not any visible metal circuit board contacts, bcz the glue on the tape may be conductive. Also notice that on this 12C two layers of folder were not enough. The 4, 5, & 6 keys were still not as responsive as my 30th Anniv Edition so I had to add some more thickness to a section of the keys. You’ll only know this if you reassemble and the case and test it. (Of course, don’t cement the footpads until you you’ve screwed the cover back on.) ALSO! Be careful to make sure the LED display is correctly seated or the case won’t snap together on top; you’ll know this bcz the case won’t snap on top near the display when you reassemble.

8. Screw the case together, a bit of rubber cement on the back of the footpads, wait about 10min for them to dry, and you’re good.

9. You’ve just made a $300 30th Anniv edition 12C!

The problem with the latest models is that the factory hasn’t anchored the keypad to the circuit board sufficiently and the keyboard has some ‘slop.’ So, when you press the keys the circuit board ‘gives’ and the keys don’t have a firm backing, so the keys don’t respond. (The older models had several welds between the keypad and the circuit board; the new ones don’t.)

I don’t think the new 12Cs will last as long as the legacy 12Cs, but this is such an inexpensive fix that you can buy these used all day long at a bargain and run them into the ground. This one I picked this one up for $18 used, but new condition. Someone clearly returned it bcz of the key problems. You can make your own $300 12C 30th Anniv cheaply since so many of these are returned and are resold at a bargain

Congrats! You just saved ~$250 or more!

9.22.20 Update: I just did another one that required another layer over the 4, 5, and 6 keys. So I had the two initial layers, plus a third layer over the numbers area. But even that wasn't enough for the 4, 5, and 6 keys. I had to tape an even smaller patch over the 4, 5, 6 area: 4 layers of manilla folder thickness. It works a charm. It feels for all the world like a 30th Anniv edition. So, before you reinstall the footpads, give it good test and if needed, go back in and add another/more layer(s).
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4.0 out of 5 stars Make a 30th Anniv Edition/Legacy 12C Sensitive Keypad, a DYI Solution for No More Sticky Keys!
By Michael Simone on September 18, 2020
No keypads are as good as the legacy HP12Cs. But they're too slow. The 30th Anniv edition had great keypad, I loved them, but the calculators were not robust like the old legacy 12Cs.. I've gone through 2ea 30th Anniv editions and won't spend the current $300 asking price for them now. But I found an even better solution!

Solution: buy a new or good used inexpensive12C that uses 2ea CR2032 batteries. Remove the footpads with a blunt knife. Remove the batteries. Remove all the screws with a small jewelers Phillips screwdriver and with the keypad side down carefully unsnap the covers and gently fold the back to the left; careful don't break the wire connections (although I have done and had to resolder them)!

Use two cut two pieces of manilla folder (or better, one piece where the hinge doubles the thickness) to cover the circuit board, placing them over the circuit board just to the right of the wire connections. Size: just under 4" by just over 2", but measure it yourself. What you are doing is putting a backstop to the keyboard, making it much more sensitive to finger pressure. Simply lay the 2 thicknesses over the circuit board and fold the back cover gently on to the front cover and snap back in place. Replace the 6 screws. insert batteries and test it. Put a thin coat of rubber cement on the footpads and replace them.

I've edited this review and this is the step by step with pix:

1. Removing the foot pads

2. There are 6 screws, 1 Smaller and 5 Larger

3. Snapping the case apart

4. Open is to the left as if it had a hinge, careful not to break the wire soldering

5. Cut your manilla folder; I cut it at the hinge so it folds over for two layers

6. Place the cut out on the board. NOTE: a bit of scotch tape helps; be careful to tape it over plastic sections of the circuit board only, not any visible metal circuit board contacts, bcz the glue on the tape may be conductive. Also notice that on this 12C two layers of folder were not enough. The 4, 5, & 6 keys were still not as responsive as my 30th Anniv Edition so I had to add some more thickness to a section of the keys. You’ll only know this if you reassemble and the case and test it. (Of course, don’t cement the footpads until you you’ve screwed the cover back on.) ALSO! Be careful to make sure the LED display is correctly seated or the case won’t snap together on top; you’ll know this bcz the case won’t snap on top near the display when you reassemble.

8. Screw the case together, a bit of rubber cement on the back of the footpads, wait about 10min for them to dry, and you’re good.

9. You’ve just made a $300 30th Anniv edition 12C!

The problem with the latest models is that the factory hasn’t anchored the keypad to the circuit board sufficiently and the keyboard has some ‘slop.’ So, when you press the keys the circuit board ‘gives’ and the keys don’t have a firm backing, so the keys don’t respond. (The older models had several welds between the keypad and the circuit board; the new ones don’t.)

I don’t think the new 12Cs will last as long as the legacy 12Cs, but this is such an inexpensive fix that you can buy these used all day long at a bargain and run them into the ground. This one I picked this one up for $18 used, but new condition. Someone clearly returned it bcz of the key problems. You can make your own $300 12C 30th Anniv cheaply since so many of these are returned and are resold at a bargain

Congrats! You just saved ~$250 or more!

9.22.20 Update: I just did another one that required another layer over the 4, 5, and 6 keys. So I had the two initial layers, plus a third layer over the numbers area. But even that wasn't enough for the 4, 5, and 6 keys. I had to tape an even smaller patch over the 4, 5, 6 area: 4 layers of manilla folder thickness. It works a charm. It feels for all the world like a 30th Anniv edition. So, before you reinstall the footpads, give it good test and if needed, go back in and add another/more layer(s).
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20 people found this helpful
Helpful

SF
5.0 out of 5 stars

Easy
Reviewed in the United States on November 25, 2022

Verified Purchase
I'm enjoying the calculator. Not hard to use.
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R. D Johnson
5.0 out of 5 stars

One of the last of an almost extinct species
Reviewed in the United States on April 19, 2006

Verified Purchase
I've started doing more finance stuff recently and went looking for a good time-value-of-money calculator. I was pleasantly surprised to find the HP12C was still available. I've been using HP calculators for decades (HP-45, HP-15 and now an HP-32SII) because of their great feel and long-lasting quality. However, it's also true that the HP12C is probably the last relic of the great HP calculator legacy. It has 'Made In China' stamped on the rear, but the keyboard feel seems much like my dear departed 15C. Hopefully it will have the same long-term durability.

Why do I recommend this calculator?

*) RPN. In my world, the purpose of a calculator is to solve fairly straightforward math exercises quickly. If you're a college student and need speed and pictures and parenthesis, buy a graphing calculator. If you're solving Black-Scholl's option equations, fire up Excel or something on your desktop computer. But for straightforward punch-it-in calculator work, nothing beats RPN entry.

*) Fit and Finish. The keys have good tactile feedback. The display blinks on every entry. You just *know* you've entered the data correctly. The purpose of a calculator is quick, accurate answers at your fingertips. If you don't care about this, don't waste money on this calculator (or any high-end TI or Casio). Buy a $5 Walmart calculator.

*) Straightforward financial calculations. Sure, I could write a program for my HP 32SII to do financial calculations. But why, when I can just key in the data directly to the HP12C, push dedicated financial keys, and get immediate answers. This calculator has most of the financial functions you need in a calculator (amortization, depreciation, NPV, date functions, etc.) along with the basic complement of standard calculator functions (ln, mean, standard deviation, factorial, etc). The complexity level is about right for a calculator. It doesn't take a computer science degree to operate it like the graphing calculators require, and it's far more capable than the $5 Walmart brands.

*) Speed. I see reviews complaining that this calculator is slow when doing things like IRR computations. They're right. So what? If your IRR computation is that complicated, use a spreadsheet. If you're a college student taking exams, you're better off with a graphing calculator anyway. For 99% of the things the rest of us do with a calculator the 12C is more than fast enough, and the price of speed is power consumption. My 32SII is going on 10 years without a battery replacement, and I trust the 12C will have the same thrifty ways. It's a pain to need a quick answer, reach for the calculator, and then find the batteries are exhausted. This was a regular occurence when I owned TI and Casio brands. I've never had this problem with the HPs I've owned.

It also has some programming capabilities which some may find useful. Personally, I haven't used the programming mode in a calculator for many years. Almost invariably I find it easier to just pull up a spreadsheet or write some code.

I suspect the under-30 crowd will find this calculator--maybe the whole calculator premise--feels 'dated', and in a way they're right. However, if you're one of those who, like me, use these tools every day and always want one nearby, I think you'll like this calculator. For fit, finish, and a pleasant balance of performance with simplicity it seems to be on par with my earlier HP calculators. (Time will tell, I suppose, whether or not it has the same durability.) What is certain is that in the age of cellphones, PDAs and computers the era of high-quality long-lasting purpose-built calculators is going the way of the Dodo bird.
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10 people found this helpful
Helpful

Prince Oshoke Abu
5.0 out of 5 stars

Great item for what I want to do
Reviewed in the United States on November 5, 2022

Verified Purchase
Awesome item
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