Maxprog has released an update for Loac Calc, bringing it to version 1.4. Loan Calc is a currency-independent loan calculator designed to be a customizable monthly payment generator. The update includes a compounding interest function and other features. According to Maxprog:
Maxprog is proud to present Loan Calc v1.4, a new release of our full featured and easy-to-use Loan calculator for Macintosh.
Loan Calc is a full featured currency-independent loan calculator. Loan Calc calculates everything from monthly payments up to total loan costs and allows you to generate and save to a text or excel sheet the full payments list, from a customizable start date.
New in this version:
- Continuous, biweekly, weekly, monthly, quarterly, semiannually and annually compounding interest support
- Nominal, effective and compounded interest support
- Loan duration in years can be a decimal number
You can find more information about the Loan Calc update at the Maxprog Web site. Loan Calc 1.4 is available for US$10.00.