Financial calculator Financial calculator A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, etc). It has standalone keys for many financial calculations and functions, making such calculations more direct than on standard calculators. It may be user programmable, allowing the user to add functions that the manufacturer has not provided by default. Examples of financial calculators are the HP 12C, HP-10B and the TI BA II. Wide number of graphics calculators like Casio fx-9860GII, Texas Instruments TI-89 Titanium, Hewlett Packard HP-48GII,
Sumlock ANITA calculator £50,000 GBP but to be competitive with mechanical calculators the target selling price of the electronic calculator was in the range £350 to £400. The first all-electronic prototype was demonstrated to the board of the company in December 1958. This prototype was later donated by the company to the Science Museum in London, where Kitz had originally had the idea for the electronic calculator. It has been on display surrounded by the mechanical calculators that it was to make obsolete. There then followed several years of great effort in finding electronic and mechanical components suitable for production, testing them for