ACT Amort

Allows you to calculate interest rates and payments
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ACT Amort Ranking & Summary

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  • Rating:
  • License:
  • Demo
  • Publisher Name:
  • Applied Computer Technology
  • Operating Systems:
  • Mac OS X 10.6.2 or later
  • File Size:
  • 318 KB

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ACT Amort Description

Allows you to calculate interest rates and payments Act Amort is a simple financial application that allows you to enter a loan amount, payment amount, interest rate, and/or loan duration (in months). After entering three of these values, the fourth may be calculated. Total interest, payments and ending balance are automatically computed. In addition you may create a printable payment schedule and/or a CSV Excel file.Example: You want to buy a house. You can get a loan at 6.5% and can spend no more than $2,000 per month for 20 years (240 months). Using ACT Amort you can quickly calculate the maximum amount you can borrow, in this case $268K. Limitations: · In the demo calculations are limited to either the payment or loan duration. · Demo version will not generate text printouts or CSV Excel files.


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