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SolveIT!
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Version
5.5
A fast, easy-to-use collection of 33 financial
calculators. Includes amortization, loan calculator,
balloon, compound/simple interest, bond value &
yields, present & future value, annuity, IRR, NPV,
budget, net worth. Many more. Adjustable cash flows
and rates.
Support for: extra and skipped payments or deposits;
Rule-of-78's; Canadian type loans; APR disclosure
statements; evaluation of loan acceleration
scenarios. Payment & compounding periods may be
independently set. 10 payment periods: daily, weekly,
biweekly, twice monthly, every 4 weeks, monthly,
bimonthly, quarterly, semiannually & annually.
Additionally, there is support for simple interest
and continuous compounding.
There is an amortization schedule as well as annuity,
future value, present value and rental income
schedules. Cash flow amounts & interest rates may be
changed over a schedule's term.
SolveIT! features a set of Financial Advisors. These
are "wizard like" calculators which take the user
through a series of questions. Once the questions are
answered, a text answer is produced which provides
advice on the best course of action to follow. There
are four advisors: Break Even Point, Lease vs.
Finance, Loan Comparison and Refinance.
The Budget Calculator will produce 12 monthly
projected and/or actual budgets. Annual cash flow
statements can be prepared. The user can change the
category descriptions to meet their needs. The Net
Worth calculator produces a personalized net worth
statement.
Two popular calculators are the Payment Required
Calculator and the Affordable House Calculator. The
Affordable House looks at cash on hand, income and
projected expenses as well as the percentage of
income to be allocate toward housing. After
considering all these variables, it then calculates
an affordable house price.
Features extensive online help. All calculators use
an intuitive, fill-in-the blank interface. Answer a
series of questions & press 'Calc'. There is never a
need for programming.
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