Financial calculator

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]

HP-12C financial calculator including functions to calculate depreciation and net present value.

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.

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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