A business calculator or a financial calculator is an electronic device that is used for Master calculations related to trade and commerce; it is used to perform various complex calculations and functions needed for maintaining Finance, acc0unts, and commerce.
A Finance calculator is used for the calculation of simple interest, compound interest, cost, profit, sell, margin, and many more. These calculators have special standalone keys, many in-built functions for different financial calculations, and various financial functions which make it easy to calculate such large calculations directly without following the traditional methods. The complexity of calculation reduces as well as the time. The main advantage of using calculators is that the calculations are performed with accuracy.
There are various types of financial calculators such as HP12C, HP-10B, and many more.
Here are the top 5 most used business calculators
- HP 12c Platinum
An advanced version of HP 12c is designed for financial professionals. The main feature of this calculator is it can perform calculations up to 400 steps, has Tour times more memory than HP 12c, keystroke programming, and over 130 in-built functions for Master calculations. It has advanced features like undo redo backspace.
- 3405 RE financial calculator
Designed for real estate and mortgage professionals & is one of the finest business calculators. The main feature is a comparison of bi-weekly and monthly loans, automatic sales price and down payment calculations, and completion of tax. It offers built-in date-math functions for closing and expiration dates, keystrokes to save time.
- Texas instrument plus calculator
It is capable of handling over 250 instructions at a time and it has over 250 built-in functions like cash flow and advanced statistical function. It also has features such as colored keys, a worksheet model which includes tables, functions to calculate compound interest, depreciation. It is also capable of storing previous works.
- HP 10bII Finance calculator
It is capable of solving business, financial, statistical, and math calculations very easily and accurately in very little time. Declared keystrokes provide last access to commonly used statistical functions.
- HP 17BII calculator
It is a very powerful calculator but is very easy to use. It is capable of calculating loans, interest rates, conversions, and standard deviations. The main features of this calculator are that it can also perform operations on algebraic data. It can be used in real estate, trade and commerce, accounting, and even for economics and business work.
A business calculator is very efficient and robust and performs tasks with precision and accuracy.
