Additionally, paste this code immediately after the opening tag:

Financial Solutions

Financial Solutions by Devoe Technologies, LLC Financial Solutions is a Time Value of Money program with the ...

Expired  $ 0.99 Free

Store review

Financial Solutions by Devoe Technologies, LLC

Financial Solutions is a Time Value of Money program with the most commonly used equations for financial calculations.

The application has 11 Equations:
Future Value of an Investment
Future Value of Deposits
Regular Deposits
Regular Withdrawals
Initial Investment
Minimum Investment
Regular Payment on a Loan
Principal on a Loan
Term of a Loan
Nominal Interest Rate
Effective Interest Rate
 
If you wanted to determine your monthly payment for a car costing $19,000.00, you would use the Regular Payment equation.

Entering the data:

Principle: $19,000.00 (cost of the car)
Interest Rate: 5%
Payments per year: 12
Number of years: 5
Payment: $358.55
 
You and your wife are expecting and you want to set up a budget to determine how much money you would need to save every month over the next 18 years to yield $60,000.00 for your child's education.  Using the Regular Deposits equations you enter:

Future Value: $60,000.00 (assume cost in 18 years)
Nominal Interest Rate: 1.5%
Deposits Per Year: 12
Number of Years: 18
Deposits: $242.13

Store rating

5

out of

1 reviews

Size

5.6 MB

Last update

June 25, 2020

Read more