KNOWARE
Software for Education and Industry
Financial Calculator 1.0
A Windows® based computer program that does time value of money calculations for mortgages, annuities, and savings plans. It also calculates cumulative interest and principle between two periods, and remaining balance of the mortgage..
Time Value of Money
To do time value of money calculations:
1) Input values for 4 of the following 5 items:
PMT (payment)
RATE (annual interest rate)
NPER (number of periods)
PV (present value)
FV (future value)
2) Select the item above you want to compute
3) Select monthly, quarterly, or annual payments
4) Select whether payments are due at the End of Month or Beginning of Month
5) Click on Compute! The item you selected in step 2) is automatically computed.
Cumulative Interest and Principle between two periods, and Remaining Balance
To calculate cumulative interest and principle between two periods, and remaining balance:
1) Input values for the following 6 items:
RATE (annual interest rate)
NPER (number of periods)
Amount Borrowed
Start Period
End Period
Years Already Paid
2) Click on Compute! The cumulative interest and principle between two periods, and remaining balance is automatically calculated.
The Help File contains numerous examples of calculating payments, interest, number of payments, present value, and future value.
Financial Calculator
Return to home page.
Go to order form.