In commercial real estate it is simply expected that you know how to use a financial calculator. Yet, many commercial real estate professionals struggle to solve everyday time value of money problems on their financial calculator.
Have you ever been stuck or confused when using a financial calculator?
Sometimes this happens because you didn’t learn how to use a financial calculator the right way the first time, or because you can’t remember the keystrokes required for a specific problem.
It could also be caused by a weak understanding of time value of money concepts that make it hard to see the big picture behind all of the calculations.
Or maybe you’re a seasoned veteran with a lot of experience, but you just need to brush up on your financial calculator skills to fill in the gaps.
The bottom line is that if you lack confidence in your own financial calculator capabilities then it can make you look bad in front of clients and co-workers and ultimately lead to poor financial decisions.