But I also have a Core 2 Duo-based WinXP machine in easy reach (just to keep a legacy software environment alive) and its keyboard has a dedicated calculator button. The calculator is just there the moment I press that button - it's appeared long before I can even release the button.
I definitely got the stupid hourglass in win 95 when trying to open anything, but my understanding of computers at the time was that black ones were faster than beige ones, so my computer was probably shit.
I tried to look up calculator win 95 vids on YouTube, there are a couple. One gets an hourglass - but less than a second, one is instant, one shows the calculator crashing lol.
During this I also found out that Microsoft Calculator is open source: https://github.com/microsoft/calculator