Financial calculator

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

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]

Wide number of graphics calculators like Casio fx-9860GII, Texas Instruments TI-89 Titanium, Hewlett Packard HP-48GII, etc. includes complex financial calculations.


  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.