Texas Instruments BA II Plus Advanced Financial Calculator
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Description
We're definitely taking this along with us the next time we shop for a house. Though it takes a little effort to master the collection of financial worksheets available on the Texas Instruments BA II Plus, you'll be glad you invested the time and money in this fine financial calculator.The BA II Plus operates in standard calculator and worksheet modes. The standard mode lets you perform common math as well as operations involving the time value of money--that is, applications such as mortgages or annuities in which payments are equal and evenly spaced. You can also perform trigonometric functions in standard mode. The more hard-core worksheet mode includes tables for amortization, bond, depreciation, and compound interest. If you're not familiar with such calculations, the very helpful user's manual will guide you through the process. All previous worksheet values are stored in memory, so you don't have to retype all the bond maturity or cash flow analysis figures. The average user who wants to calculate a basic loan payment will be more comfortable working in the standard calculator mode. We were using the BA II Plus tools for calculating basic interest and payment periods within minutes. Still, it's good to know that the more advanced features are available for those who require heavy-duty financial computing. Finance students and average users alike will find much to like in the Texas Instruments BA II Plus. --John Frederick Moore
Product Description
Easy-to-use calculator features such as cash flow analysis and advanced statistics for finance professionals and students. Solves time value of money calculations such as annuities, mortgages, leases, savings and generates amortization schedules. Performs cash flow analysis for up to 24 uneven cash flows with up to four digit frequencies. Computes NPV and IRR. Choose from two day count methods (actual/actual or 30/360) to calculate bond price or yield to maturity or to call. Four methods for calculating depreciation, book value and remaining depreciable amount. Math functions include trigonometric calculation, natural logarithms and powers. Batteries and case included.
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