FinKit is a financial calculator that solves all sorts of problems involving the time value of money.
Provides 51 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
Interest: 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 548 life tables for 36 countries from all over the world.
PARANZA An Intel/Universal Binary version will be the next stage. First we wanted to finish the calcuation set we had in mind. (Version 2.7.5)
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Dec 18 2006
GERBER The program's pretty light-weight. It runs fine under Rosetta and is plenty fast. (Version 2.7.5)
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Sep 25 2006
GERBER 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.) (Version 2.7)
GERBER 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)
DR. BARRY HUNAU I am retiring this year and FinKit has been indispensable in figuring out if I will outlive my 401k savings. (I will, but I'm retiring anyway) (Version 2.4.6)
WJB3WVU I wrote a speadsheet in excel that has been indispensible for my retirement planning. If you'd like a generic copy (free) email me at wjb3wvu@yahoo.com. Be glad to share. You should be somewhat familiar with excell, in order to personalize it. (Version 2.6)