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Types of Calculators and Their Uses There is a wide range of calculators available nowadays; some are simple while others are specialized. With simple calculators you get a device that can calculate basic arithmetic while the complex types can solve many problems including finding points in a graph. Given the functionalities of these calculators, you have to ensure that you get the right one for the specific task you intend to use it. The prices of calculators increase with the increase in functionality hence finding the right calculator can save you money. The basic calculator is designed to only do simple calculations. They can only do addition, multiplication, division, and subtraction. Other functions include the memory function that allows saving a couple of arithmetic solutions. They have a large display and are powered by batteries while some have a solar panel to complement. The printing calculator is designed to be used in bookkeeping and accounting. It has additional keys to perform functions such as the grand total, tax rate calculation, among others. In addition, it allows checking for common errors during entry such as the transposed and skipped digits. Some printing calculators even have the ability to produce receipts and round off decimals.
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Scientific calculators are designed to be used in schools. The calculators are normally used in problem-solving across disciplines such as physics, chemistry, and mathematics. An extra function button enables you to use the multifunctional features of these calculators. Some of the things that this calculator can do include solving for roots, powers, and logarithmic functions.
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Another type of calculator is the financial calculator, also known as the business calculator. This calculator enables you to calculate business functions. They are suitable for use by those who work in the business field as well as those in the business school. Some of the calculations that business calculators can do include loan payments, APR, interest accrued on loans, compound interests, and other functions of money. These calculators place business math and calculus functions prominently and are capable of carrying out analysis and advanced statistical functions. When it comes to college level mathematics that involves graphs and specialized functions, the graphing calculator comes in handy. These calculators are more expensive than the ones discussed above since they have a large memory and are highly programmable. They can do almost all functions in mathematics but don’t have a print capability. They are designed to plot graphs and solve equations.