The easiest way to convert basis points for those of us who hate using real calculators.
My internet search history is far from controversial. In fact, it's boring. Especially given that one of my most searched terms over 25 years in the financial services industry is “basis points calculator.”
You'd think I'd have a go-to site by now, but alas, I do not. You're probably wondering why I need a basis points calculator so often. It's a fair question I don't have an answer to. I just do. And if you're here, I think you do, too. You just need a better one that you can bookmark and rely on.
This is the least exciting project I've ever worked on, and somehow, also my favorite.
Also, I never liked typing in a bunch of zeroes, so you can just key in $10M instead of $10,000,000. I know. It's awesome.