Wednesday, September 2, 2009

Cheapest Texas Instruments BA II Plus Professional Financial Calculator


This is a fabulous financial calculator. Until now, I have been a fan and owner of HP's financial calculators, but the TI BA II Plus Professional has converted me. Now, I am thinking about buying a spare TI BA 2+ Pro to keep as a backup....probably won't come to that, but you get the picture of how much I like it.

Why do I like it? First, it has a nice weight and size -- it feels good in the hand. It has rubber feet on its backside that are very effective at preventing it from sliding around on the desk...nice touch. Quality of construction seems good enough for a calculator.

Second, it has a variety of very intuitive functions -- built in worksheets for common scenarios (bond pricing, breakeven analysis, price/margin determination, interest rate conversion, depreciation, and a very handy date calculator (e.g., how many days have elapsed since 7/15/69 to 2/1/09?....14,446). In addition to "routine" TVM calculations, it seems to be the only financial calculator on the market at present that also determines MIRR, which isn't such a big deal, but it is a handy function for capital budgeting.

It is easy to learn, straightforward to use, and feels good...the only thing it does not do is make the decisions for you (but it gives you results that help you make the decisions). Worth every penny of the price I paid for my TI BA 2+ Pro... Get more detail about Texas Instruments BA II Plus Professional Financial Calculator.

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