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Business Mathematics in Canada 4e
Business Mathematics in Canada, 4/e
F. Ernest Jerome
Simple Interest

Internet Application Problems



1

There are hundreds of financial calculators available on the Web. But it is rare to find one that will handle simple interest calculations. Pine Grove Software has a versatile user-friendly calculator (Loan*Calculator! Plus for Windows) that you can download free from its web site. PC Computing magazine named it the best download in the Loan/Lease category. The software contains five calculators—at this point you want to choose the Compound and Simple Interest Calculator and select "Simple" for the compounding period. The calculator automatically computes the number of days in the term if you enter the start and end dates. Or, if you enter the start date and number of days in the term, it will determine the end date.
 




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