Mastering the HP12C - Using the HP12C Financial Calculator (GE3)

NY State Approved for 15 hours of credit

When:
TBS Time: 
Cost:  $295**seating is limited**

Notes:YOU CANNOT BE LATE FOR THIS CLASS!!! PLEASE REGISTER IN ADVANCE!!! IF YOU MISS THE FIRST HOUR YOU WILL BE LOST FOR THE REST OF THE DAY.
HP12c register online


   Printer Friendly
Course Objectives
This class is approved by the Appraisal Foundation for 15 hours of Credit toward your General Certification.
Gain a working knowledge of the HP12C financial calculator with this hands-on, two-day keystroke and real estate applications seminar. Through clear step-by-step examples, develop an understanding of the reasoning and technique to solve both simple and complex investment equations.
Topics include six functions of the dollar; loan value; debt coverage ratio; nominal stated rate versus annual percentage yield; loan amortization, including principal, interest, and balloon payment; market value versus face value of a note (loan); real estate as an investment; the precepts of time value of money; discounting net operating incomes (IO) and future resale value to a present investment value; investment criteria using internal rate of return (IRR) and net present value (NPV); levered and un-levered investments (positive, negative leverage); IRR to the equity position; face rent versus effective rent; and statistical topics including mean, median, and standard deviation. Self-evaluation quizzes, an individual question and answer session with the instructor, and a glossary of terms and economic indicators commonly used by industry professionals are included.


Course Schedule
CLASS 1
A. INTRODUCTION TO FUNCTIONS OF THE HP12C: 2 hours
Financial, Mathematical and Statistical
Modes (RPN, ALG)
Basic Arithmetic calculations
Combining Operations
Using the Memory & Percentage Key
B. COMPOUND INTEREST AND DISCOUNT FACTORS 3 hoursv Six functions of the dollar
CLASS 2
C. DETERMINING OVERALL CAPITALIZATION RATES 3 hours
Case study valuation
Direct capitalization
Discount cash flow yield capitalization
D. INCOME VALUATION COMPARISON 3 hours
Overall rate
Mortgage rate
Equity rate
Comparison of cost and sales approaches
E. INTRODUCTION TO VARIABLE / IRREGULAR CASH FLOWS 3 hours
Selecting and supporting the discount rate
Calculating internal rate of return
Final examination 1 hour

 
Where do I take this course?
New York Real Estate Institute
139 West 35th, 2nd floor
New York, NY 10018
see map

NYrei.com take the Using HP12C in Real Estate Appraisal course. NY State approved for continuing education credit.

VisaMasterCardDiscoverAmerican Express

Home | About NYREI | Online Study | Course Index | Schedules | Contact Us

Now with offices in Queens, Syosset, Hauppauge, Rockland County, Brooklyn.

Real Estate Marketing by Serr.biz

2004 - 2008 New York Real Estate Institute Inc. All rights reserved.

Manhattan Street Address: 139 West 35th, 2nd FL
Mailing address: 132 West 36th St. 2nd FL
New York, NY 10018