The

Texas Instruments Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globall ...

Business Analyst series is a product line of

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/ma ...

s introduced in 1976. BA calculators provide

time value of money The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later-developed concept of time preference. The t ...

functions and are widely used in

accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

and other financial applications. Though originally designed specifically for financial use, current models also include basic

scientific calculator A scientific calculator is an electronic calculator, either desktop or handheld, designed to perform mathematical operations. They have completely replaced slide rules and are used in both educational and professional settings. In some areas ...

and

statistics Statistics (from German language, German: ''wikt:Statistik#German, Statistik'', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of ...

functions. The BA series competes directly with other mid- to high-end financial calculators, particularly the

HP-12C The HP-12C is a financial calculator made by Hewlett-Packard (HP) and its successor HP Inc. as part of the HP Voyager series. Functionality The HP-12C is HP's longest and best-selling product, in continual production since its introduction i ...

and other models from TI competitor

Hewlett-Packard The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...

. There are two models in the product line: the BA II Plus (originally introduced in 1991) and the BA II Plus Professional (introduced in 2004).

BA II Plus

The BA II Plus is the main financial calculator sold by Texas Instruments as of 2015. It provides basic scientific calculator functionality alongside its financial functions, and provides most of its financial functions in the form of worksheets, where values are input as variables in a table; when a computation is requested, the calculator plugs the values from the worksheet into the appropriate internal expression and returns the requested result. It has been available in three case designs, based respectively on 1989's TI-68, 1999's TI-30X IIS, and the 2013 revision of the TI-30Xa. It is permitted on several professional exams, including the international

Chartered Financial Analyst The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and fina ...

exam. The 2014 revision includes larger display numbers, but the computation functions remain the same as previous models. It has not been made available in a solar-powered model. The BA II Plus Professional is an upgrade to the base model introduced in 2004, including several additional worksheet functions such as net

future value Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is ...

and modified

internal rate of return Internal rate of return (IRR) is a method of calculating an investment’s rate of return. The term ''internal'' refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or fin ...

. Several companies, most notably Texas Instruments itself, have released emulators of the BA II Plus for various mobile operating systems. In addition, Stokes Publishing formerly sold The Educator Business, a calculator designed for use on

overhead projector An overhead projector (often abbreviated to OHP), like a film or slide projector, uses light to project an enlarged image on a screen, allowing the view of a small document or picture to be shared with a large audience. In the overhead project ...

s that emulated the BA II Plus. An app on the Apple App Store is also available by Texas Instruments mirroring the Calculators design and functionality.

BA-20 Profit Manager

From 1986 to sometime after 2010, TI produced the BA-20 (also known outside North America as the TI-620), which was a basic desktop calculator with the addition of dedicated cost, margin, and sell calculation buttons. Early models included a built-in clock module, which was removed for the 1998 revision. The short-lived TI-10 Profit Guide had similar functions in a pocket calculator size.

BA-35 Financial Calculator

The BA-35 was targeted at students studying finance and was available from 1985 to the late 2000s. Though it contained a full set of TVM functions, it lacked the advanced scientific calculator functions of later models of the BA II. It was the most affordable calculator for time-value-of-money calculations Features: * Preprogrammed financial and accounting functions, including time-value-of-money and compound interest calculations. * Capability for recalling time-value-of-money values as well as annuity due operations. * Amortization balance and payment-to-interest calculations. * Annual Percentage Rate (APR) to Effective Rate (EFF) interest conversions. * One-variable statistics with frequencies. Calculates mean, sample standard deviation, and population standard deviation. * Cost-sell-margin and mark-up calculations. * Easy to use payment and other time-value-of-money calculations make this a perfect calculator for real estate agents and management consultants. * Solar-cell powered.

References

External links

Datamath.org TI calculator museumTexas Instruments education and calculator products division
{{Authority control Texas Instruments calculators Products introduced in 1976

BA II Plus

BA-20 Profit Manager

BA-35 Financial Calculator

See also

References

External links