From Wikipedia, the free encyclopedia
HP-12C financial calculator including functions to calculate depreciation and net present value.
Backside of the above HP-12C with some use cases with the respective keys to be pressed for frequent tasks from the field of finance

A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, etc.). It has standalone keys for many financial calculations and functions, making such calculations more direct than on standard calculators. [2] It may be user programmable, allowing the user to add functions that the manufacturer has not provided by default. [3]

Examples of financial calculators are the HP 12C, HP-10B and the TI BA II. [4]

A wide number of graphing calculators, like the Casio FX-9860GII, the Texas Instruments TI-89 Titanium, and the Hewlett Packard HP 48gII include complex financial calculations, as do spreadsheet applications such as Microsoft Excel, LibreOffice Calc, and Google Sheets.

References

  1. ^ Hall, Pamela L. (1999), Effective Use of a Financial Calculator, Cengage Learning, ISBN  9780030267864
  2. ^ Gitman, Lawrence; Joehnk, Michael; Billingsley, Randy (2013), "Appendix E: Using a Financial Calculator", Personal Financial Planning (13th ed.), Cengage Learning, pp. 620–621, ISBN  9781285633138.
  3. ^ Barrell, Doris (2004), Real Estate Finance Today, Dearborn Real Estate, p. 34, ISBN  9780793181490, most real estate professionals today use a programmable financial calculator to determine loan payments and other financial calculations.
  4. ^ Marx, Johan (2009), Using Financial Calculators for Time Value of Money Calculations, Pearson South Africa, ISBN  9781770256804, This booklet explains how to use 2 different financial calculators ... namely the Hewlett-Packard 10-BII [and] Texas Instrument BA II plus.
From Wikipedia, the free encyclopedia
HP-12C financial calculator including functions to calculate depreciation and net present value.
Backside of the above HP-12C with some use cases with the respective keys to be pressed for frequent tasks from the field of finance

A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, etc.). It has standalone keys for many financial calculations and functions, making such calculations more direct than on standard calculators. [2] It may be user programmable, allowing the user to add functions that the manufacturer has not provided by default. [3]

Examples of financial calculators are the HP 12C, HP-10B and the TI BA II. [4]

A wide number of graphing calculators, like the Casio FX-9860GII, the Texas Instruments TI-89 Titanium, and the Hewlett Packard HP 48gII include complex financial calculations, as do spreadsheet applications such as Microsoft Excel, LibreOffice Calc, and Google Sheets.

References

  1. ^ Hall, Pamela L. (1999), Effective Use of a Financial Calculator, Cengage Learning, ISBN  9780030267864
  2. ^ Gitman, Lawrence; Joehnk, Michael; Billingsley, Randy (2013), "Appendix E: Using a Financial Calculator", Personal Financial Planning (13th ed.), Cengage Learning, pp. 620–621, ISBN  9781285633138.
  3. ^ Barrell, Doris (2004), Real Estate Finance Today, Dearborn Real Estate, p. 34, ISBN  9780793181490, most real estate professionals today use a programmable financial calculator to determine loan payments and other financial calculations.
  4. ^ Marx, Johan (2009), Using Financial Calculators for Time Value of Money Calculations, Pearson South Africa, ISBN  9781770256804, This booklet explains how to use 2 different financial calculators ... namely the Hewlett-Packard 10-BII [and] Texas Instrument BA II plus.

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