Texas Instruments debuts business calculator for iPhone, iPod touch

Texas Instruments on Wednesday announced its business calculator app for the iPhone and iPod touch, the BAII Plus App, is now available on the App Store. T

The app is targeted at business professionals and students who need a financial calculator but don't want to carry around an extra device.

The app is equipped with all the original calculator's features, and solves accrued interest, amortization, cost-sell-margin, depreciation and time-value-of-money calculations, such as annuities, mortgages, leases and savings.

The BAII Plus App is now available for $14.99 at the App Store.