I have not so fond memories of those huge calculators from TI from school. They always went along with reams of homework it seems. TI has announced a new iPhone app called BAII Plus is now available on the app store.

The calculator app isn’t cheap at $14.99, but as I recall the real calculators can cost upwards of $100 or so. The app is a financial calculator that will operate on the iPhone and iPod touch.

The app is aimed at realtors, accountants, stockbrokers and anyone else who use complex financial equations. The CPU in the iPhone is fast enough to make quick work of the calculations according to TI.