How to use a financial calculator
The financial calculator is one of the most convenient inventions of all time for those working in finance. It is an amazing device that simplifies complex calculations and saves a lot of time. But, doesn’t a regular calculator provide quick calculations as well? Why does one need a specific financial calculator?Of course, a regular or standard calculator calculates equations, but the type of calculation is different. There are many other differences as well, but this is the fundamental point. Standard calculators are ideal for mathematicians who want to breakdown sine, cos, or work with numbers etc. A financial calculator has the functionality to determine depreciation, bond yields, and other aspects that regular calculators cannot help with. This is why those working in the finan...
