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Cez★ 01-13-2010 06:10 PM

Quote:

Originally Posted by 2005_Silverado (Post 36228)
like one finance prof I had...used tables to figure out present value of money, business calcs figure that shit out in seconds, but he wanted you to do the OG way. :facepalm:

og way :taloco:

theholycow 01-13-2010 06:10 PM

I can understand wanting students to learn the OG way to calculate something, but looking it up in a table is no different than using the internet.

Cez★ 01-13-2010 06:11 PM

Quote:

Originally Posted by 2005_Silverado (Post 36230)
that i get...if u teach how to do by hand, test that way...dont teach using calculators and test differently :imo: Brah, u cant challenge the course so you skip it?

yea i can but i dont remember ANY MATH AT ALL :fp:. i may test out of 1301 if i pass 1300

stonehenge 01-13-2010 06:11 PM

http://crave.cnet.co.uk/gadgets/0,39...9304670,00.htm

Quote:

Originally Posted by article
If Touch Revolution gets its way, the house of the future could see us checking our email in the shower, streaming music out of a lampshade and browsing our RSS feeds as we go number twos.

I'z already be in the future then :cool:

2005_Silverado 01-13-2010 06:14 PM

its completely different than punching in the #s into a business calculator and having it spit out the answer thc...if ur at a car dealer or closing on a loan at escrow company and u want to check the math on their calculations...ur not gonna bust out old schoo tables or ur laptop to look for it...you punch in:

N: Number of payments
PV: Loan amount
Int: Rate
FV: Value of loan at maturity
and press PMT: that gives you the monthly payment

Fuck doing the math by hand if a pocket sized gizmo can do it for me

stonehenge 01-13-2010 06:14 PM

Quote:

Originally Posted by 2005_Silverado (Post 36235)
its completely different than punching in the #s into a business calculator and having it spit out the answer thc...if ur at a car dealer or closing on a loan at escrow company and u want to check the math on their calculations...ur not gonna bust out old schoo tables or ur laptop to look for it...you punch in:

N: Number of payments
PV: Loan amount
Int: Rate
FV: Value of loan at maturity
and press PMT: that gives you the monthly payment

Fuck doing the math by hand if a pocket sized gizmo can do it for me

pocket sized jizmos ftw

Cez★ 01-13-2010 06:15 PM

youz look smarter if you does it wiffout calcumalator

---------- Post added at 11:15 AM ---------- Previous post was at 11:15 AM ----------

Quote:

Originally Posted by Juan! (Post 36236)
pocket sized jizmos ftw

:pepperjest:

2005_Silverado 01-13-2010 06:18 PM

Youd be there way longer = waste of time = time is money = wasting money = not smart :imo:

You has to re-calculate everything for any change in the formula. :down:

---------- Post added at 09:18 AM ---------- Previous post was at 09:17 AM ----------

http://home.ca.inter.net/~hagelin/Te...Calculator.jpg

:pepper:

Cez★ 01-13-2010 06:18 PM

nice equation
no wonder yous auditor

2005_Silverado 01-13-2010 06:21 PM

this be the hand-me-down I got

http://www.thimet.de/calccollection/...B/HP-10B-S.JPG

---------- Post added at 09:21 AM ---------- Previous post was at 09:20 AM ----------

see the top row? those be buttons to find Time Value of Dinero (TVM) lil bish can tell u how mash u pay in interest/principal at any point in time of ur loan

stonehenge 01-13-2010 06:21 PM

Quote:

Originally Posted by 2005_Silverado (Post 36239)
Youd be there way longer = waste of time = time is money = wasting money = not smart :imo:

Quote:

Originally Posted by Cez (Post 36241)
nice equation
no wonder yous auditor

:rofljest:

2005_Silverado 01-13-2010 06:22 PM

I didnt come up with equation, that was accountant, I just audited it to verify it was reasonably accurate :roflsquared:

theholycow 01-13-2010 06:23 PM

Quote:

Originally Posted by 2005_Silverado (Post 36235)
its completely different than punching in the #s into a business calculator and having it spit out the answer thc...

Jah, my point was that you don't learn anything more useful using a lookup table instead of a calculator. You only learn something useful if you calculate the data by using the formula behind it.

Cez★ 01-13-2010 06:24 PM

Quote:

Originally Posted by Juan! (Post 36244)
:rofljest:

:pepperjest:

Quote:

Originally Posted by 2005_Silverado (Post 36242)
this be the hand-me-down I got

[IMG]http://www.thimet.de/calccollection/Calculators/HP-10B/HP-10B-S.JPG[IMG]

---------- Post added at 09:21 AM ---------- Previous post was at 09:20 AM ----------

see the top row? those be buttons to find Time Value of Dinero (TVM) lil bish can tell u how mash u pay in interest/principal at any point in time of ur loan

nice masheen

Quote:

Originally Posted by 2005_Silverado (Post 36245)
I didnt come up with equation, that was accountant, I just audited it to verify it was reasonably accurate :roflsquared:

:shake:

JayBo 01-13-2010 06:28 PM

How hard is accounting? Hannah asked me last night if I'd ever considered being a CPA?

---------- Post added at 12:28 PM ---------- Previous post was at 12:28 PM ----------

And on that note, I just had to replace a ballast in a light fixture. Fun fun.

2005_Silverado 01-13-2010 06:29 PM

Quote:

Originally Posted by theholycow (Post 36246)
Jah, my point was that you don't learn anything more useful using a lookup table instead of a calculator. You only learn something useful if you calculate the data by using the formula behind it.

yeah :shake:, u need to know the formula regardless of what u use to calculate it. The example I used is very simple, but once you get into present value of cash flows (Bonds and annuities) shit gets complicated and involves multiple tables. Using calc just makes it way easier/faster.

stonehenge 01-13-2010 06:30 PM

One requirement of being an accountant is that you must send snax to various forum members. You must also buy me Chic-Fil-A at some point.

JayBo 01-13-2010 06:31 PM

Quote:

Originally Posted by Juan! (Post 36252)
One requirement of being an accountant is that you must send snax to various forum members. You must also buy me Chic-Fil-A at some point.

what snax you want? And when you want Chick Fil A?

2005_Silverado 01-13-2010 06:32 PM

Quote:

Originally Posted by JayBo (Post 36249)
How hard is accounting? Hannah asked me last night if I'd ever considered being a CPA?

This easy..........


Quote:

A very successful partner in a big six firm had a peculiar habit. He would go to his desk, open a locked drawer, look inside, lock the drawer again, and start his work. His subordinates knew that he hid the secret of his success in the drawer. One day when the partner had gone out of the city, the juniors decided to break into the drawer and look inside. There was one small piece of paper inside - it said "left is debit and right is credit."

JayBo 01-13-2010 06:34 PM

WOw....
I mean really? I'm not math savvy.

stonehenge 01-13-2010 06:35 PM

Quote:

Originally Posted by JayBo (Post 36253)
what snax you want? And when you want Chick Fil A?

YESSS I'll take CFA next time your in town (this weekend?) and whatever snax you deem necessary. Previously mex snax were used but you may not have easy access to said snax.

Cez★ 01-13-2010 06:36 PM

Quote:

Originally Posted by Juan! (Post 36257)
YESSS I'll take CFA next time your in town (this weekend?) and whatever snax you deem necessary. Previously mex snax were used but you may not have easy access to said snax.

home made grits will do imo

stonehenge 01-13-2010 06:37 PM

oh hell ya some gritz and those boiled penitz

2005_Silverado 01-13-2010 06:37 PM

Quote:

Originally Posted by JayBo (Post 36256)
WOw....
I mean really? I'm not math savvy.

its not that bad...Im a slacker and got out with a 3.2 or 3.4 accounting GPA. getting ur CPA is a completely different thing...def not a short term plan.

stonehenge 01-13-2010 06:38 PM

Jay just be a wallstreet bank0r


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