Monitor investments, debt, hire purchase installments and payback of loans. Do various calculations and see the impact of interest rates instantly.
You get financial
calculations based on variable interest rates, periods and
amounts.
This model calculates the answers to the following most asked
questions:
1. How many periodic payments must be made to achieve a specific
future financial target?
2. How long will it take for my investment to grow to a specific
future financial target?
3. What periodic payment is required to pay back a loan?
4. What interest rate is necessary to increase a single
investment to a specific future target?
5. What is the present value of a future annuity investment?
6. What will the future value be of a periodic annuity investment
at the end of the period?
Furthermore examples of amortisation on a monthly basis and an annual basis are included for monitoring of payback of loans or credit purchases.
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