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  • Profile photo of peterppeterp
    Member
    @peterp
    Join Date: 2003
    Post Count: 307

    One of the books I’ve been reading recommends buying a financial calculator to calculate cashflows, compound interest, etc.

    The models I’ve come up with are the Sharp EL733A & EL735 and the Casio FC100 & FC200.

    Has anyone had any experience with these units, and do they have any recommendations?

    Or is it just as conveninent to rely on lookup tables (prepared at home) for the two most important variables (loan payments and after cost rental income) and use an ordinary calculator instead?

    Peter

    Profile photo of NathanNathan
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    @nathan
    Join Date: 2002
    Post Count: 77

    Hi Peter,
    I haven’t used the two models that you have mentioned, but have had a Hewlett Packard 10B for quite a while and would recommend it.

    It is an old model now, but one of my friends has just picked one up (discounted because it was dicontinued) for around $40. A bargain at half price!

    Cheers, and happy cashflow calculations![:)]

    Nathan.

    Profile photo of tiemcharntiemcharn
    Member
    @tiemcharn
    Join Date: 2003
    Post Count: 3

    Hi Peter,

    I got the new hp10bII financial calculator for about $80 from Dick Smith, and I found that ‘s very good and easy to use.

    Christine

    Profile photo of xalifahxalifah
    Member
    @xalifah
    Join Date: 2003
    Post Count: 1

    Hi everybody,
    Peter, I would recomend to use Casio rather than HP. Its true that to use Casio is not easy, but it has many functions. And when you purchase Casio finacial calculator it comes with “Finacial Consultant” – fully guided instruction book.
    In my place (Malaysia) new Casio FC-100 costs $60, Casio FC-200 costs $97 and Casio FC-1000 costs $310
    For further info plz, contact [email protected]
    bye

    Profile photo of bobbiebobbie
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    @bobbie
    Join Date: 2003
    Post Count: 13

    I recommend the HP 10B and if the instructions daunt you I can give you some easy step by step to give you the answers you need. contact me at [email protected]

    cheers[:)]

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Anothre option is to jump onto Stuart O’Neills http://www.guerrillarealestate.com.au/Gshop/shop/ and he sells property calculators. They takes all the unnecessary buttons away and only leave the property ones….Great for a simple guy like me.

    Enjoy
    AD [:0)]
    (Andrew)

    “Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”

    Profile photo of SooshieSooshie
    Member
    @sooshie
    Join Date: 2002
    Post Count: 974

    Hi,

    Has anyone tried buying one duty free? Or should I just buy one from DS or OW or HN or HP? etc..
    I might add though, that at our table, during the seminar, we had 1 financial calculator and approx 8 people sitting at the table who didn’t know how to use it [:0)][:O]

    Cheers
    Sooshie [:)]

    “Giving is a Blessing, receiving is the bonus”

    Profile photo of YarraYarra
    Participant
    @yarra
    Join Date: 2001
    Post Count: 20

    A good alternative (for me anyway) is a pocket PC or palm pilot.
    I have loaded an excel spreadsheet in so all one has to do is enter the numbers.
    I am pretty sure that there are also programs available. I had one that kept details of purchase price, outgoings, income, inventory etc but it didnt give cashflow analysis.

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