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Software calculators that simulate hand-held, immediate execution calculators do not use the full power of the computer: "A computer is a far more powerful device than a hand-held calculator, and thus it is illogical and limiting to duplicate hand-held calculators on a computer."
A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
Calculators can also take in arbitrary information ranging from lifestyle information to scientific notation. Some examples of these types of software calculators include: Love calculator: The input is two names, and there is a button to work out the compatibility, as a percentage, of two people with these names.
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Personal computers often come with a calculator utility program that emulates the appearance and functions of a calculator, using the graphical user interface to portray a calculator. Examples include the Windows Calculator, Apple's Calculator, and KDE's KCalc. Most personal data assistants (PDAs) and smartphones also have such a feature.
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Calculators supporting such programming were Turing-complete if they supported both conditional statements and indirect addressing of memory. Notable examples of Turing complete calculators were Casio FX-602P series, the HP-41 and the TI-59. Keystroke programming is still used in mid-range calculators like the HP 35s and HP-12C.
A mechanical calculator, or calculating machine, is a mechanical device used to perform the basic operations of arithmetic automatically, or (historically) a simulation such as an analog computer or a slide rule.