Texas Instruments Intros BAII Plus Calculator App For The iPhone

Thanks to a new App Store offering from Texas Instruments, you can now enjoy the functionalities of the company's best-selling financial calculator on your iPhone and iPod touch. The new BAII Plus App provides professionals and students with all of the original calculator's features, including the ability to solve accrued interest, amortization, cost-sell-margin, depreciation and time-value-of-money calculations.

The app takes advantage of the iPhone and iPod touch's Multi-Touch user interface and also includes features such as the 2nd function key like the original calculator.

Other advanced finance and science functions include:
  • Solves Time-Value-of-Money calculations
  • Generates amortization schedules
  • Performs cash-flow analysis, and computes NPV and IRR
  • Calculates depreciation with four different methodologies
  • Breakeven, profit and percent difference calculations
  • Date function to determine days between dates
  • Evaluates bond prices and yields "to maturity" or "to call"
  • Scientific capabilities include trig. and log. functions
  • Memory stores 10 values and Constant Memory retains them
  • Choice of chain or Algebraic Operating System methods
  • Key click sounds enabled optionally via Settings
"Customers told us they want fewer electronic devices to carry around, but they still want a powerful calculator handy in their day-to-day lives," said Melendy Lovett, president of Texas Instruments Education Technology business. "The new BAII Plus calculator app for iPhone and iPod touch meets that need while continuing to offer all of the features that make the BAII Plus one of the most popular financial calculators available today."

The BAII Plus App is available for $14.99 from the App Store on iPhone and iPod touch or at www.itunes.com/appstore/.