Texas Instruments BA II Plus Financial Calculator – Complete Review

Considering the various financial calculators available, a major frontrunner that deserves your attention is the Texas Instruments BA II Plus Financial Calculator. Whether studying finances or working in related fields, a financial calculator works seamlessly to help you arrive at the right solution every time. We’re here to share with you our take on this particular model.

General Info about the Texas Instruments BA II Plus Financial Calculator

The BA II Plus is a necessary tool for those studying or working in accounting, marketing, economics, real estate, science, and any other field that requires complex calculations. This calculator is not only user-friendly, but it is also highly capable, delivering both standard and worksheet modes.

Standard mode allows for common math, trigonometric functions, and Time-Value-of-Money calculations, specifically for mortgages, annuities, and more. The worksheet mode available is a bit more intense, thus providing users with heavy-duty tables for amortization, depreciation, bond, and compound interest.

Better yet, the BA II Plus allows previous worksheet values to remain stored away in the calculator’s built-in memory. Consequently, users are not required to retype prior figures. Multiple exams allow use of the BA II Plus, including the Chartered Financial Analyst exam, GARP Financial Risk Manager exam, and Certified Management Accountants exam.

Texas Instruments BA II Plus Financial Calculator Product Specifications

• Worksheet mode contains various tables for amortization, depreciation, bond, and compound interest.
• Time-Value-of-Money for calculating mortgages, annuities, and more.
• Cash-flow analysis computes both Net Present Value and Internal Rate of Return.
• Calculate depreciation, book value, and remaining depreciable amount using four methodologies.
• Annual (nominal) and effective interest rate conversion.
• Bond prices or yield to call or to maturity calculations.
• Profit, breakeven, and percent difference calculations.
• Mathematical functions include calculations of powers, trigonometry, and logarithms.
• Calculate list-based statistics using four methodologies.
• Built-in storage saves up to ten previous worksheets.
• Conserves power with automatic shutdown feature.
• One-line, ten-digit display.
• Hard plastic, color-coded keys.
• Protective sliding case.
• Requires one nonstandard battery (included).

PROs and CONs of the Texas Instruments BA II Plus Financial Calculator

PROs

• Sufficient display.
• Lightweight body.
• Easy-to-read buttons.
• Automatic shutdown feature.
• Built-in storage to save previous worksheets.
• Easy to learn basic functions.
• Provides Time-Value-of-Money calculations.
• Inexpensive compared to HP-12C.
• Support on the web for step-by-step guides for various calculations.

CONs

• Keyboard lacks sensitivity.
• Doesn’t retain numbers after shutdown.
• Looks cheaply-made, feels flimsy, and also breaks easily if dropped.
• Requires more keystrokes to accomplish tasks compared to competition.
• Lacks rubber feet on the bottom, resulting in wobbling when computing on a desk rather than in hand.

Common Issues in the Texas Instruments BA II Plus Financial Calculator User Complaints

• Display is too small and sometimes hard to read.
• Rapid computing usually results in the calculator skipping digits.
• Directions aren’t easy to understand for certain functions.
• Overall build feels lightweight and cheaply-made.

Despite the issues above that some users face when utilizing the Texas Instruments BA II Plus Financial Calculator, the same or other users raise some great point about this same calculator. It is incredibly inexpensive for an overall good quality product. Some users enjoy the lightweight body of the calculator, while others equate this with a cheap build.

One of the major highlights is its capability for Time-Value-of-Money calculations, which proves to be incredibly useful whether in a real world or university setting. While directions for certain functions aren’t explained in the most user-friendly way, Texas Instruments combats this by providing excellent troubleshooting.

When dealing with money-related calculations, users find that the BA II Plus works best when computing problems that don’t require large amounts of variables.

Final Thoughts

In conclusion, if you are a student or a business professional, the Texas Instruments BA II Plus Financial Calculator will not disappoint. A calculator such as this is the only way to ensure accurate calculations each and every time, regardless of how complex the calculation. Have you given your BA II Plus a rigorous testing? What do you like or dislike about it? Leave us a comment and share your thoughts.

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