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FinLib 1.1

FinLibTM is a library of routines that will assist you in performing financial computations from all Basics including Power Basic, Quick Basic and Visual Basic. With FinLib, you can:

    * Calculate simple, compound & discounted interest.
    * Convert between different interest figures.
    * Compute annuities.
    * Utilize depreciation schedules.
    * Perform cash flow analysis, and bond calculations
    * Even utilize Lotus 1-2-3 type functions!

Financial control
    FinLib's efficient algorithms insure top speed calculations. Full source code is provided. Consistent variable names are used throughout, so that it is quick to learn.
Simple Interest
    Simple interest is the least complex of the interest calculation types and assumes that there is no interest earned on your interest. In other words, there is no compounding of interest within these calculations.
Discount Interest
    Discount interest is where interest is computed on the face value of the loan and is subtracted from the face value at the start of the loan, i.e. the proceeds of the loan are "discounted". The borrower is given less then the face value of the loan but pays back the full face amount of the loan and is charged interest on the face amount for the full time period. Discounted interest thus uses a larger base on which to calculate interest then does simple interest which uses the initial amount rather then the final amount due to repay the loan.
Interest Conversion
    These function convert interest rates, calculate per period interest rates and totals the total number of periods in a given investment.
Compound Interest
    Compound interest is earning interest on interest because at the end of each period, the interest earned is added to the principal or face value. When reviewing these functions, note that the period interest rate and number of total periods is automatically calculated. Furthermore, an assumption is made that the interest computationperiod is the same as the periodic payment for annuities (i.e. only simple annuities are considered) and that the payments are at the end of the period.
Annuities
    These functions include various annuity evaluation calculations. Note, that unless explicitly called "AnnuityDue" all functions assume that all annuity payments are made at the end of the each period.
Annuities Due
    These functions include various annuity evaluation functions. Note, that these functions assume that all annuity payments are made at the beginning of the each period.
Cash Flow Analysis
    These functions facilitate the calculation of Net Present Value, Payback Period and other capital budgeting type calculations.
Bond Calculations
    These functions provide the ability to calculate yields of maturity, current market bond price and bond duration and other related functions.
Lotus 1-2-3 @Functions
    These functions perform various financial calculations formatted and named in a way similar to the financial "@" functions contained within the 1-2-3 Spreadsheet Software. Functions include: PV, PMT, FV, FVDue, PVDue, NPV, IRR, Rate and TERM.
    Demo: Financial Library

        Price: $149.00 (plus shipping and handling)