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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.).
The HP-12C is a financial calculator made by Hewlett-Packard (HP) and its successor HP Inc. as part of the HP Voyager series, introduced in 1981. It is HP's longest and best-selling product and is considered the de facto standard among financial professionals.
The Texas Instruments Business Analyst series is a product line of financial calculators introduced in 1976. BA calculators provide time value of money functions and are widely used in accounting and other financial applications.
With more than 120 different built-in functions, such as amortization, cash flow, and loan payments, this HP financial calculator will make quick work of your accounting—whether it’s personal ...
A scientific calculator is an electronic calculator, either desktop or handheld, designed to perform calculations using basic ( addition, subtraction, multiplication, division) and complex ( trigonometric, hyperbolic, etc.) mathematical operations and functions. They have completely replaced slide rules as well as books of mathematical tables ...
You can use a calculator or the simple interest formula for amortizing loans to get the exact difference. For example, a $20,000 loan with a 48-month term at 10 percent APR costs $4,350.