An excellent MAC OS Calculator for those dealing with finances/ financial planning calculations/ problem solving. It runs fast enough - previous reviewer complaining that it's not Intel... - so what? It runs fine.
The latest update is awesome. MUCH easier to use, and the new utilities (Black-Scholes... Oh, how I wish I had that when I was taking finances) are welcome additions.
This program regularly makes PC using finance wonks (i.e. everyone in finance) wonder why the heck they're still using their financial calculator. (Or a PC, for that matter.)
Great little program. Does a variety of financial calculations ranging from the obvious (figure actual interest rates based on a published APR), to the truly tricky (bond and stock valuation).
Great for finance professionals, business students, and anyone who enjoys micro-managing their money.
There seems to be a sub-menu bug in the recent releases. I understand this is an OS X 10.4 problem. In any case, scrub the menus, some have sub-menus and they aren't obvious.
[Version 2.6]
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FinKit is a financial calculator that solves all sorts of problems involving the time value of money.
Provides 55 financial calculations:
Assets: capitalized cost - classic and MACRS depreciation
Bonds: bond book value, price and yield - zero-coupon bond price and yield
Dates: term date - date series - year fraction - time between dates - periods and days - bank holidays
Interest: simple, actuarial and compound interest between dates - compound interest factors
Life: probability - pure endowment - whole life annuity - temporary life annuity - whole life insurance - temporary life insurance - temporary endowment insurance
Loans & Leases: installment loan - rule of 78 - balloon payment loan - interest only loan - fixed principal loan - sinking fund loan - prepaid interest loan - extra principal payments - credit cards - equipment lease
Options: option price - implied volatility
Payments: single and periodic payments
Rates: effective and equivalent rates - periodic to annual rates - inflation and taxes - find rate
Miscellaneous: annuity - perpetuity - savings - sinking fund - periodic and fractional withdrawals - investments
Performs currency conversions between 182 currencies and includes hundreds of life tables for 40 countries from all over the world.
+20
+3
amcan12 reviewed on 18 Dec 2006
+14
+14
iNik reviewed on 25 Sep 2006
This program regularly makes PC using finance wonks (i.e. everyone in finance) wonder why the heck they're still using their financial calculator. (Or a PC, for that matter.)
+14
iNik reviewed on 30 Jan 2006
Great for finance professionals, business students, and anyone who enjoys micro-managing their money.
There seems to be a sub-menu bug in the recent releases. I understand this is an OS X 10.4 problem. In any case, scrub the menus, some have sub-menus and they aren't obvious.