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financial calculator?

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Rachel Bloch

Freshman Member
Joined
Jan 26, 2004
Professional Status
Appraiser Trainee
State
Ohio
I heard that on the new 2008 exam we are allowed to use a financial calculator like the HP. Is this true? An older appraiser told me no programmable calculators. Which is correct?
 
I heard that on the new 2008 exam we are allowed to use a financial calculator like the HP. Is this true? An older appraiser told me no programmable calculators. Which is correct?

It has been several years since I took an exam, but I cannot imagine that you won't be allowed to use a financial calculator. The HP12C will no doubt be OK. I used the 17BII, and that was fine. All they did was make sure the registry was empty before going in.
 
Our state's testing center says:

No programmable calculators are permitted. Only silent,
hand-held, solar-or battery-operated calculators without
paper tape-printing capabilities or alphabetic keypads,
may be used. Financial calculators are allowed if they​
meet these specifications.

:shrug: Aren't all financial calculators programmable? I'm planning on taking my TI BAII so I hope it's allowed. I don't have anything programmed into it.


 
I heard that on the new 2008 exam we are allowed to use a financial calculator like the HP. Is this true? An older appraiser told me no programmable calculators. Which is correct?

I just finished my testing yesterday and yes, you can bring a HP12 or any HP calculator. You need this in a bad way. Most of the questions are math, and a lot are on the future value of a dollar and completing mortgage payments with the word question given.

Good luck!
 
Our state's testing center says:

No programmable calculators are permitted. Only silent,
hand-held, solar-or battery-operated calculators without
paper tape-printing capabilities or alphabetic keypads,
may be used. Financial calculators are allowed if they​
meet these specifications.

:shrug: Aren't all financial calculators programmable? I'm planning on taking my TI BAII so I hope it's allowed. I don't have anything programmed into it.




The 2nd time I took the test, the guy was taking people's HP calculators and just clearing them out and then handing them back. I couldn't see not being able to use them with this test. Good luck!
 
I took the test last month and they allowed the HP12 or a very basic non-programmable calculator, which is what I ended up using. A one page future value and amorization table was provided. There was a lot of math and multiple questions that required using the previous answer, thus if you got the first part of the question wrong so were the next group. It took me a long time(4.5 hours) but I did ok without the HP.
 
Deal killer Don

Don,

Didn't it take you the 6th time to pass the test ??? Don't take advice from this guy !!! jk:rof:
 
Gregg,

Don't you have some driveby REO's to do ? Get to work. You're just jealous that I got a higher score than you .....on the first try !

deal killer
 
Interesting that some of you guys were allowed to use your own financial calculators. When I took the new Certified exam back in January, I could not even use any of my own calculator (programmable or not) and they provided only el cheapo calculators with no financial capabilities, just the basic add, subtract, etc features.

After reading this thread, I have to wonder if the exams we are taking vary in level of difficulty from state to state or are some state boards just allowing financial calculators and others not for the same exam at the same overall level of difficulty.
 
I took the test a month or so ago. I brought my HP12C. I don't think I used the financial keys once during the test.
 
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