Financial calculators are specially designed for commercial purposes or financial gain. The overall design is no different than with the scientific calculator. However, financial calculator has a prize in some ways unique. The computer is mainly used for the calculation in real estate, accounting, time value of money and in many other asset classes, and other finance professionals.
There are many different types of financial calculators. Some ofespecially popular are the cars and commercial sites. There are also credit cards and debt calculator. There is a special calculator for calculations of investment. Some are for loans. The other computer is a personal finance, savings and tax calculator.
There are thousands of computer manufacturers, but there are few to produce sophisticated computer equipment. These companies, Victor and Texas Instruments (TI), Hewlett-Packard (HP), Casio, Sharp and Canon USAElectronics. The Chinese manufacturer known as Karce is also one company that makes financial calculators called OEM calculators. Their products are particularly marked for private market. And it is featured with embedded systems.
Here are the most saleable models of financial calculator:
Texas Instruments BA II Plus Professional
This computing device is capable of solving complex equations quickly. It is very efficient and saves a lot of time. It is the perfect aid tool for accounting, business, economics, finance, investment and statistics. It is also best to use in Chartered Financial Analyst (CFA®) exam.
The calculator features a 10-digit display. It has 10-number memory. The keypad is comfortable as well as firm to touch. It has a big screen for easy reading.
It is competent in performing standard capability functions also. It could solve for depreciation, accrued interest, payback and payback discount, amortization, cost-sell-margin, net Future value (NFV) modified duration, modified internal rate of return (MIRR), and time-value-of-money (TVM).
It comes along with a carrying black case and user's instruction manual. The calculator has a width of 3 inches, a height of 6 inches and a depth of 0.3 inches. It weighs Less than 1 pound. The warranty information is one year for the parts and one year also for the labor.
HP 10bII Financial Calculator
HP 10bII Financial Calculator is a smart financial calculator with an algebraic notation. Thus it is not difficult to use as well as to learn. Using this is allowed when taking up CFP Certification Exam.
The HP calculator has a capacity to quickly perform its standard functions efficiently and easily on cash flows, loan payments, interest rates and conversions, percent, standard deviation, IRR, TVM, NPV, and many more.
HP 10b keypad is featured with enough key spaces and large edged keys that are soft to touch. This means one can avoid unwanted key presses. After 10 minutes time, the calculator is Auto power off and It has 2 shift functions as well.
Other features of the calculator include a 12-character, 15 storage registers, adjustable contrast display, automatic constant, parentheses for grouping expressions, a 3-key memory, and display results can be read easily at an angle. And some of its math and statistical features are the linear estimation, statistical analysis, forecasting, correlation & co-efficient. It comes with one year warranty when bought.
Casio FC-200V Financial Calculator
Casio FC-200V Financial Calculator is a slide-on hard case financial calculator. It has a 4-line matrix display and is has full dot. Some of the functions of the calculator are converts between percentage interest rate and effective interest rate, cash flow, amortization, day calculation, even point calculation, and bond calculation.
This solar power financial calculator measures 3.15 x 6.34 x 0.49 inches and weighs 3.7 ounces.
