[Blindmath] Blindmath Digest, Vol 32, Issue 1

[Jonathan Godfrey]

While I am a huge R fan, i would not recommend it as a substitute for 
a financial calculator.

If you needed to use a PC to do the calculations for you then I would 
stick to using EXCEL. You may need to learn how to do goal seek if 
the full set of functions is not yet implemented though.

If a PC is not an option, then you might be back to the old way of 
using tables and formulae - the option all students took when I did 
my first degree in Finance.

Most finance calculators have few statistical functions beyond 
correlation, regression (very simple), and the more common means and 
standard deviations.
The specialist finance functions can save a lot of time though and I 
haven't checked EXCEL in this regard for a few years.

I would have thought that the course staff would be able to develop 
alternatives with you.

Jonathan
At 03:40 p.m. 3/03/2009, you wrote:
>Melanie Peskoe <mpeskoe at insightbb.com> wrote:
> > Can anyone give me a good suggestion for a business calculator?  I'll be
> > starting an MBA program in May and I need to have one by then.  I cannot
> > access the standard calculator, but do not know of a large print or talking
> > calculator with all of the business functions.
>
>There appear to be a lot of finance-related packages for the R statistics
>tool. This software has been discussed on the mailing list before, so
>perhaps other contributors will be in a position to give advice, in greater
>detail, about whether this might suit your needs.
>
>
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_____
Dr A. Jonathan R. Godfrey
Lecturer in Statistics
Institute of Fundamental Sciences
Massey University
Palmerston North

Room: AH2.82
Phone: +64-6-356 9099 ext 7705
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Home Address: 22 Bond St, Palm. Nth.
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