Finance Course Calculator

Fazz86 · #1 09-20-2007, 10:53 PM

I have one of those Texas Instrument TI-83 i think it is big ol $100 calculators. The teacher says we need a finance calculator for intrest ect. I am wondering if this thing is capible of performing the operations we need. Thanks!

ItalianFX · #2 09-21-2007, 12:32 AM

I've always used by TI-83 in my finance classes, but I don't know what you are doing.

dp13368 · #3 09-21-2007, 08:51 AM

There is a financial/business program add-on for ti-83 and above calculators. You need to get the ti-> computer cable and download it though.

Big TR · #4 09-21-2007, 09:32 AM

Back in High School in the mid-90's I would write programs for all sorts of calculations on my big, blue TI-81. Yes, I was a Math Team loser.

spex x · #5 09-21-2007, 10:03 AM

I don't know anything about the TI-83, but I've got several fiancial calculators. IMO, they're a good thing to keep in your office, car, briefcase, backpack, pocket. I just about always have one. So obv, I'd recommend that you get one. You can get a cheaper one for like $40 at Office Max, it'll work fine, and prob be less hastle than trying to make your non-financial calc into a financial calc.

polkaface · #6 09-21-2007, 02:12 PM

Depening on the school and course, some teachers will not allow programmable calculators on tests.

That said, you could probably get by (assuming you can use it on a test) with the calculator you have. Although a Financial calc. will be 10x easier and quicker for you.

Like Spex, I also still use my calculator a lot even though I am out of class. It's real easy to use in terms of how quickly you will pay things off, what monthly payments would be, etc.

Personally, in terms of ease of use and long-term use I would spend the $40 for a fin. calc.

ActionTodd · #7 09-21-2007, 02:30 PM

isn't TI-83 a scientific calculator?
and not a financial calculator

JJSCOTT2 · #8 09-21-2007, 05:51 PM

Technically, yeah, but if 30 bucks isn't a big deal to you I highly recommend you get a BA II+. It will save you a crapload of hassle.

PRE · #9 09-21-2007, 06:09 PM

Get the BAII plus.

You don't want to use the TI 83 for finance if you ever plan on getting a CFA.

a_slew_of_mice · #10 09-21-2007, 07:10 PM

BA II+ is a cheap and simple finance calculator. useable on CFA

HP 12c is a bit harder to use, programmable and you can use it on the CFA

HP 17BII+ is easy to use and program but you can't use it on the CFA.

If you plan on taking the CFA, get the 12c. If not, get the 17BII+. It will make your life so much easier.