Using R as a Financial Calculator for Finance 101

2 Pages Posted: 9 Jan 2013

Date Written: September 1, 2012


Yan (2012) shows why we need an internet-connected financial calculator. This 2-page document could be served as an internet appendix. We could use R as a financial calculator for many functions, such as PV, FV, PV of annuity, to estimate effective rates, beta and more. I assume that a user has no knowledge about R. Within 20 minutes, including the time used to download and install R, a new user should be able to use this “calculator.”

Keywords: Finance 101, financial calculator, R software, open source data, Yahoo finance

JEL Classification: G00, G19, G14

Suggested Citation

Yan, Yuxing, Using R as a Financial Calculator for Finance 101 (September 1, 2012). Available at SSRN: or

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