Ethio-grand college



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3 Performing Financial Calculations


ETHIO-GRAND COLLEGE

LO1: Obtain data and resources for financial calculations

Financial Calculators


This finance calculator can be used to calculate any one of the parameters of future value (FV), number of compounding periods (N), interest rate (I/Y), annuity payment (PMT), and starting investment if other parameters are known. The present value will always be given out. Each of the following tabs represents the parameters to be calculated.

The finance section of The Calculator Site featuring useful financial calculator tools for loans, car/auto loans, compound interest, savings, mortgages and more.



COMPOUND INTEREST CALCULATOR

Use these financial calculators to work out the compound interest on your savings. The first calculator works out interest on a lump sum. The second calculator allows you to include regular monthly deposits. Interest can be compounded on a monthly or yearly basis.



CAR LOAN CALCULATOR

Are you looking to purchase a new car on credit? Use this car loan calculator to work out monthly repayment figures for a car loan. The calculator results include a monthly breakdown schedule of interest and capital repayment amounts, to show you exactly what you will be paying.



CREDIT CARD CALCULATORS

Use these credit card repayment calculators to work out effective strategies for paying off your credit card debt. There are two calculators available, depending on which type of calculation you would like to do.



CURRENCY CONVERTER

A handy universal currency converter that allows you to quickly convert between more than 250 different world currencies.



INTEREST RATE CALCULATOR

If you're want to work out what interest rate you're currently receiving on your loan, whether it's a secured, unsecured or payday loan, use our interest rate calculator to do the calculation for you.



LOAN CALCULATOR

Calculate your monthly repayment figures for a secured or unsecured loan using this finance calculator tool. The calculator results include a monthly breakdown schedule of interest and capital repayment amounts, to show you exactly what you will be paying.



MORTGAGE REFINANCE CALCULATOR

If you are looking at the option of refinancing your existing mortgage, whether it be to lower your monthly payments or overall costs, use our mortgage refinance calculator. Simply enter the information for your existing mortgage and the interest rate at which you are considering refinancing and let the calculator do all the work for you.



MORTGAGE REPAYMENT CALCULATOR

If you are considering the idea of taking out a new mortgage loan, or are looking for mortgage refinancing, this finance calculator should prove useful. Once you enter the figures for the mortgage, it will provide you with a breakdown of interest and capital repayments over the life of the mortgage.



RETIREMENT PLANNING CALCULATOR

Calculate how much you might need to save per year in order to meet your retirement goals using this retirement planner. The calculator also adjusts for inflation.



SAVINGS CALCULATORS

Two savings calculators to help you to work out the interest paid on your savings amount. The first finance calculator is for regular savings on an initial deposit amount. The second calculator allows an option to include a regular monthly savings deposit amount.



SAVINGS GOAL CALCULATORS

If you want to find out how much to save each month or how long to commit to saving to achieve a financial goal, these two calculators are the ones to choose. Simply enter a few key figures and let the calculators do the rest.



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