Re: General math & interest rate ? - Posted by John B. Corey Jr.
Posted by John B. Corey Jr. on September 06, 2005 at 20:29:37:
When you were looking did you check Office Depot or similar? I know they carry the HP 12c.
I have not used the TI as I have been an HP user since 1983. Once you get the hang of your calculator you will find you can really put deals together in ways that others never even consider.
The math is not that complex when you train yourself on the calculator. More correctly, the math complexity is handled by the calculator and all you need to do is understand how best to use the tool. DOW is great for showing you the two major calculations.
How to compute the loan payment.
How to compute the implied yield when you have a discounted note (return on the cash you have into the deal).
I enjoy coaching people on the math so if you have questions let me know. I might even have short how two article from a note investor where they explain the details using both an HP and TI.
Chelsea Private Equity LLC