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Understanding financial calculators (continued)
When we calculate Payments, we find that we only need to invest $308.18 per month to reach our goal, as shown in Figure D.
FIGURE D
A financial calculator can help with investment decisions.
Rounding it up A good financial calculator not only expand the Palm device's built-in calculator's usefulness, it also gives important financial functionality that can assist you in making important debt and investment decisions.
Elia Freedman is President of Infinity Softworks and an avid financial calculator user. He can be emailed at elia@infinitysw.com.
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