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Professional Financial
Calculators By rwent
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Conventions and Defaults |
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Solve 28 separate scenarios with the
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Convention used in the Financial Calculators.
Main Menu Main Index Screen
You may select any of the calculators by
Clicking on the Icons on the Main Index Screen
Select a Calculator Category from the Main Menu and then select a calculator.
When ever you see a ? in a calculator this indicates a solver is available.
When you click on the ? it will find a solution for the adjacent field.
Solver Buttons ?
You can copy and paste all data in any field from or to other cells and or programs.
The data will be reformatted to
Dollar Values Fields -
4,500.00 without $
This will format even if you paste a value with a dollar sign or without commas.
For example copy this amount into a solver field $4500.01 the calculator will reformat the number to 4,500.01
Date Fields -
All fields use the date format of MM/DD/YYYY
You may input dates in single or double digits and the program will reformat them for you. For Example You can enter 1/2/06 it will reformat to 01/02/2006.
If the calculator will not allow you to exit a field the data is probably incompatible. You may be trying to enter a date incorrectly or a date is not compatible with other data.
For example you are trying to enter a start date that is after an end date. If the date field appears to be correct and the data is not being enabled try entering the year as four digits.
This situation may occur if the software is unsure whether it should be 1920 or 2020.
Beginning or End of Period -
Most leases require payment at the beginning of the period.
Most loans and mortgages pay at the end of the period.
Calendars-
Calendars are available by clicking
on the buttons beside date fields. _ _ _ _ _
Lump Sum -
In the Return on Investment Monthly Deposits IRR
To activate the Deposit Date you must enter an amount in the Lump Sum field.
Enter 1 if you are going to solve the Lump Sum Field and enter a date in the Deposit Date. You can then solve for the Lump Sum.
Printing
Click the Print Button on any screen.
The Preview Report screen appears.
Click the Go To
Next Page
To see the total
number of pages, click the Go To Last Page icon
In this example there are 10 pages.
The small binoculars allow you to search for a specific item. Perhaps you want to search for the year 2006. Click the binoculars and enter 2006, click Find Next.
The first occurrence of 2006 is highlighted. It is on page 2.
Click the Printer
Icon
Make your selections and click OK.
The Calculate Basic Mortgage calculator uses a slightly different print screen
You may select All Periods or Periods From To
If you are getting results that appear to be incorrect -
There are various reasons why you may get results that are not the same in different calculators.
Some calculators use a present value future value system others use an Internal Rate of Return calculation and some use averages.
If your numbers do not match a lending institution it could be due to an Effective vs. Nominal rates situation. Use the Effective vs. Nominal Rates
calculator to convert your rate and try again. Lending institutions use different rate types for different situations.
Some loans will be calculated by starting payments at the beginning of a period as opposed to the end.
Conditions for use
RWENT Inc. has thoroughly tested all calculations and believes them to be accurate, RWENT Inc. makes no warranties or representations of any kind,
including warranties as to fitness for purpose or merchantability. By using this program you acknowledge that RWENT Inc. shall not be responsible for
any damages resulting from the use of Financial Calculators by you or any other person, however caused.
