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1990-12-02
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Version 3.11 Copyright (C) 1989,1990 by Silva Corp.
Financial Wizard is a ShareWare program designed to help you
get better control of investment and loan analysis. It
contains the most common financial modeling tools needed to
allow you to quickly and conveniently make intelligent
investment and loan decisions. Above all, Financial Wizard
software is easy to use. This manual will cover the many
options available with in the program.
GETTING STARTED
To run Financial Wizard type FINANCE at the drive & directory
containing the program. The program will automatically detect
color or monochrome graphics and configure itself to your
hardware. Two pages of options will appear. The first page
will contain the options listed below:
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║ ║ ║ ║ ║ ╔═╣ ║ ║ ║ ║ ╔═╣ ║ ║╔╗║ ║ ╔═╝ ╔═╣ ║ ║ ║ ║
║ ╩ ╩ ╩ ╩ ╚═╩ ╩ ╩ ╚═╛ ╩ ╚═╩ ╩ ╚╝╚╝ ╩ ╚═╛ ╚═╩ ╩ ╚═╝ ║
║ Version 3.11 Copyright (C) 1989,1990 by Silva Corp. ║
║ ║
║ ╒══════════════════════════════════════════════╕ ║
║ │ │░░ ║
║ │ A - Amortization Schedule Plus │░░ ║
║ │ B - Loan Payment Amount │░░ ║
║ │ C - Tax-Free vs Non-Tax-Free Yield │░░ ║
║ │ D - Straight-Line Depreciation │░░ ║
║ │ E - Double-Declining Balance Depreciation │░░ ║
║ │ F - Accelerated Depreciation │░░ ║
║ │ G - Future Investment Value (Equal Payments) │░░ ║
║ │ H - Future Investment Value (One Payment) │░░ ║
║ │ I - Number of Payments for Future Value │░░ ║
║ │ J - Interest Rate for Future Value │░░ ║
║ │ K - Time Periods for Future Value │░░ F1 : Calculator ║
║ │ 1 │░░ F2 : NotePad ║
║ ╘══════════════════════════════════════════════╛░░ F5 : Copy ║
║ ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ F9 : Record ║
║ Special Keys : End , PgUp F10: Registration║
╚═════════════════════════════════════════════════════════════════════════════╝
A second page of options is also available:
╔═11-24-1990═════════════════════════════════════════════════════════16:46:45═╗
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║ ╠═ ╦ ╦═╗ ╒═╗ ╦═╗ ╔═╕ ╦ ╒═╗ ║ ║ ║ ╦ ╒═╗ ╒═╗ ╔═╕ ╔═╣ ║
║ ║ ║ ║ ║ ╔═╣ ║ ║ ║ ║ ╔═╣ ║ ║╔╗║ ║ ╔═╝ ╔═╣ ║ ║ ║ ║
║ ╩ ╩ ╩ ╩ ╚═╩ ╩ ╩ ╚═╛ ╩ ╚═╩ ╩ ╚╝╚╝ ╩ ╚═╛ ╚═╩ ╩ ╚═╝ ║
║ Version 3.11 Copyright (C) 1989,1990 by Silva Corp. ║
║ ║
║ ╒══════════════════════════════════════════════╕ ║
║ │ │░░ ║
║ │ A - Present Investment Value (Equal Payments)│░░ ║
║ │ B - Present Investment Value (One Payment) │░░ ║
║ │ C - Present Investment Value (Perpetuities) │░░ ║
║ │ D - Stock Dividend Yield % │░░ ║
║ │ E - Stock Discount Rate │░░ ║
║ │ F - Stock Value per Share │░░ ║
║ │ G - Treasury Bills Earnings │░░ ║
║ │ H - Treasury Bills Investment Rate │░░ ║
║ │ I - Days between two Dates │░░ ║
║ │ J - Date calculations │░░ ║
║ │ K - Calendar │░░ F1 : Calculator ║
║ │ 2 │░░ F2 : NotePad ║
║ ╘══════════════════════════════════════════════╛░░ F5 : Copy ║
║ ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ F9 : Record ║
║ Special Keys : End , PgUp F10: Registration║
╚═════════════════════════════════════════════════════════════════════════════╝
To move between pages use the Page Up or Up arrow key.
Any of the options on a page may be selected by entering the
letter corresponding to the option. Once an option has been
selected fill in the required information on the input
fields. The answer to your input selection will be displayed
after you have filled in the requested input fields. If you
enter an incorrect number for an input field you can quickly
move back to that field by entering the Page Up or Up arrow
key and over typing the correction. To exit the program you
must be at either of the main option screens having A-K as
selections. Enter 0 or the Escape key to end the program.
Besides the two pages of menu option (A-K), The program has a
built in 4 function calculator ( +,-,/,*), a small notepad,
and the ability to automatically record or copy answers from
or to the calculator, notepad or any of the financial
sections. This will be shown in more detail later.
PAGE 1 OPTIONS
A - Amortization Schedule Plus
The amortization schedule plus is a very flexible financial
planning tool which can be used for both loans and investment
analysis. If you are just starting to learn the program you
may wish to try some of the other options before mastering
this section. After selecting Amortization Schedule Plus you
will see a menu like the one shown below:
Principal :
Interest Rate :
Number of Periods :
Payment :
You need only enter ANY 3 of the 4 above for loan analysis.
You can enter information for all 4 in which case the program
will calculate for time (i.e. Number of Periods).
Example #1 - Home loan.
Principal : 100000
Interest Rate : 10M
Number of Periods : 360
Payment :
Note : the $100,000 home loan is entered without using $ or ,
By entering an M after 10 we automatically convert the
interest rate from a yearly amount to a monthly interest
rate. We always want the interest rate to be entered in the
same unit as our payment period is. We entered 360 for
periods, representing 360 months, (30 years). We left Payment
blank, the program will solve for the unknown which in this
case will be $877.57 per month. This represent our monthly
house payment for principal and interest. Once the computer
finishes the calculation we will have a complete Amortization
schedule displayed. Each months payment is broken down by
Period, Current Principal, Current Interest, Cumulative
Interest, and Unpaid Principal. At the bottom of the screen
we have created an amortization report with 30 screen pages.
To move from page 1 of our report to page 10 we need only
type 10 followed by hitting the enter key. We can easily jump
to any page of the report by typing the page number. A second
way that we can move through the report is to use the arrow
keys. Using the Page Up or Up arrow key will take us to the
next numbered page , while entering the Page Down or down
arrow key will take us to the previous page.
The program supports up to 4 different printer ports. LPT1 -
LPT4. Most users of the program will enter LPT1 followed by
enter. Your amortization report should print. If you wish to
create a text file for importing into another package type
FILE followed by enter. An input line will display which
allows you to enter the path and file name for saving the
file.
The Esc key will exit you from most areas in the program. If
you are on the Page number request in Amortization Schedule
Plus, enter Esc or 0 to exit.
Example #2 - Home loan with Accelerated Payments
Principal : 100000
Interest Rate : 10M
Number of Periods : 360
Payment : 1000
From example #1 we know that our monthly payments would be
$877.57. We will run the same analysis but this time we will
accelerate the pay off date by paying $1000 per month. In
this case we filled in 4 of the 4 questions. The program will
ignore the value in Number of Periods and will instead
calculate for time. (We could have left Number of Periods
blank). The Amortization schedule will show that the loan
would be paid off in 216 months rather than 360 months. The
total interest collected on the 216 month loan will be
$115,906.07 vs $215,928.60 for the 360 month loan. The
example does show that a small difference in accelerated
payments can make a very large difference in saved interest
costs. Of course you would need to factor in tax benefits of
mortgage deductions, plus the investment future value of the
extra payment amount to determine if accelerated payments
make sense to you. (As you work more with this program you
will quickly see that it will help you to make these types of
decisions)
We have seen some of the loan capabilities that Amortization
Schedule has. Now lets see why we added a Plus to the name.
This section will also allow you to do investment growth
analysis. Lets say we wish to start investing in an IRA.
we will add $2,000 per year to an account for 30 years.
We estimate that this investment will obtain a 10% return per
year. How much money will this investment grow to.
Example #3 - IRA Growth
Principal : .0001
Interest Rate : 10
Number of Periods : 30
Payment : -2000
We have not previously made any deposits so our principal is
0. The program does not allow you to enter 0 for
principal so we "trick" the program by entering a very small
number. In the example above we entered 0.0001 which is
1/100th of 1 cent. We entered 10 for the yearly interest rate
and 30 for the number of periods. (we are making 1 payment
per year for 30 years.) Since we are depositing $2000 per
year into a growth investment rather than a loan payment we
place a '-' sign in front of the amount. This is not a loan.
We are making payments to ourselves for an investment. By
placing a minus in front of the payment amount, the principal
will increase, showing the growth of our investment.
Immediately after you make payment 30 the value of the
investment will be $328,988. You can track the value of the
investment at any point in time by looking at the report that
is produced. This example assumes a fixed interest rate of
10% and that all payments are made exactly 1 year apart. We
all know that the real world does not always work this way.
The point is that it is very easy to run any of these
examples and make corrections as the situation changes.
Financial Wizard is designed as a tool. It will help you
to better understand financial situations so that you can
make informed decisions for loans and investment analysis.
In the example above the result for the period is shown
immediately after a payment is made. In effect we have made
our 30th, $2000 payment. If we want to know what the
investment would be worth at the end of 30 years rather the
beginning of 30 years we would do the following.
Example #3 - IRA Growth End of 30 Years
Principal : .0001
Interest Rate : 10
Number of Periods : 31
Payment : -2000
All we need to do is add one additional period amount. 31
rather than 30. We would then look at the number for the
period we are interested in plus 1 (31 if we are interested
in 30, 16 if we are interested in 15) From the amount listed
for unpaid principal we would subtract 1 payment amount.
Example Period 31 = $363886.91 - $2,000 = $361886.91
The value of our IRA investment at the END of 30 years would
be $361,886.91.
We will now show several other Examples of the flexibility of
the Amortization Schedule Plus program.
Example #4 - Growth Starting with $50,000
Principal : 50000
Interest Rate : 10
Number of Periods : 31
Payment : -2000
Lets assume that we have an investment with a value of
$50,000, we will be adding to that investment $2000 per year
for 31 years. What will the investment be worth after you
make your 30th, $2000 payment. (The investment is expected to
grow at 10% per year). A complete report showing growth for
all years will be displayed. The investment would be worth
$1,201,458. The program make the following assumptions:
The principal amount is compounded for the entire period. The
value for principal is shown immediately after a payment is
made for the period. In the example this means that:
Period Current Interest Principal
1 5000 57000.00
2 5700 64700.00
3 6470 73170.00
...
For period 1 we have $5,000 in interest. This represents 10%
of $50,000. the principal amount is shown based on $50,000
(Original Principal) + $5,000 (Interest) +
$2,000 (payment) = $57,000.
For period 2 we would have $57,000 compounded with an
interest rate of 10% = $5,700 interest + $2,000 payment
equals a principal balance of $64700.
Example #5 - Retirement Planning , Etc.
Principal : 1000000
Interest Rate : 8.25
Number of Periods : 20
Payment : 90000
Lets assume that you have accumulated income producing
investments worth $1 Million dollars. You have just retired
and have decided that you will be taking $90,000 per year
from your million dollar savings (You will be lowering the
principal amount so the payment amount is entered as a
positive number 90000). Your savings is growing at a rate of
8.25% per year. You would like this amount to last for 20
years. The $90,000 payments are made at the end of the
compounding period. Once you received your 20th payment you
would still have $647,131.44 remaining from your original
investment. Taking $90,000 per year from a 1 million dollar
investment which is growing at 8.25% per year would require
32 years to exhaust the principal. (Your 32 year payment
would only allow you to take $31,960.85.)
The examples above cover both loans and investment
opportunities. These are real life problems which we all face
in handling our finances. Many different types of examples
could have been shown. It is hoped that these examples have
given you ideas on how to apply this program to your
particular needs.
B - Loan Payment Amount
This option will calculate your payment per period on a loan.
For example lets assume that you have just bought a new car
and have financed $11,500 for 48 months with an interest rate
of 12.5% per year. We would like to know what our monthly
payment will be on this loan.
Enter 11500 for Principal
12.5M for Interest rate. By entering an M after
the 12.5 the program will automatically
convert 12.5% per year to the monthly interest
rate of 1.041667%. We always want the interest
rate to be based on the same unit as the
period amount.
48 for Number of Periods.
Since the interest and number of periods are both entered in
months, our answer will be returned as payment per month.
The answer in this case would be $305.67/month
Automatic conversion of interest rate amounts to Monthly
or Daily amounts can be done by using M or D after the
interest rate. It is also possible to convert daily or
monthly interest rate amounts back to yearly amounts by using
the M and or Y command. (You can also use the built in
calculator)
A major part of the flexibility of Financial Wizard is that
it allows you to use any compounding amount for loan or
investment analysis. The trick to using the program is to
always make certain the interest rate you enter is based on
the time unit you want the answer to come out in. (Yearly,
Monthly, Daily, Quarterly, etc.)
12.5% Yearly = 1.041667% Monthly
12.5% Yearly = 0.034247% Daily
12.5% Yearly = 3.1250% Quarterly
etc.
C - Tax-Free vs Non-Tax Free Yield
This section will allow you to compare Tax-Free vs Non-Tax
Free Yield. As an example lets assume that we are in the 28%
tax bracket and have been presented with two investment
options. On of the options is a tax free investment yielding
6.67% the second investment will yield 9% but is taxable at
our Marginal Tax Bracket of 28%. By entering the two
situations above we can quickly determine that the 6.67% tax
free investment will offer a better return on our investment.
enter 9 for yield
28 for Marginal Tax Bracket
Y for is yield taxable
The answer will show that this investment is equivalent to a
6.48% non-taxable investment, Which is less than the yield we
can obtain by choosing the non-taxable investment at 6.67%.
D - Straight-Line Depreciation
IRS regulations are very specific on which methods must be
used for Depreciating business equipment. A business is free
to use any number of methods for internal evaluation and
other nontax purposes. The next three sections will show the
more common depreciation methods.
Lets assume a company purchased a $20,000 piece of equipment.
After 5 years the equipment is estimated to be worth $3,000.
Using the Straight-Line Depreciation method.
Enter 20000 for Asset Cost
3000 for Salvage Value
5 for Useful life (in Years)
the amount of depreciation per year is $3,400.
E - Double-Declining Balance Depreciation
This method uses an annual depreciation ratio equal to double
the straight-line ratio. This ratio is then multiplied by the
undepreciated book value for the asset.
Lets again assume a firm purchase a $20,000 piece of
equipment with a useful life of 5 years. In the Double-
Declining Balance Depreciation, the Salvage value is not
subtracted from the purchase cost.
Enter 20000 for Asset Cost
0 for Salvage Value (Salvage Value is not used)
(you may leave Salvage value blank)
5 for Useful Asset Life (in Years)
If you enter 1 for period, depreciation = $8000
2 = $4800
3 = $2880
4 = $1720
5 = $1037
F - Accelerated Depreciation
This method is using the Sum-of-the-Years-digits Accelerated
depreciation. It assumes an asset is used more often in the
earlier part of its useful life.
Enter 200000 for Asset cost
0 for Salvage Value
3 for useful life
1 for period = $100,000 depreciation
2 for period = $ 66,666 depreciation
3 for period = $ 33,333 depreciation
G - Future Investment Value (Equal Payments)
Future investment Value calculates the value of an investment
at the beginning of a period. We will also show you how to
make this feature calculate the value of an investment at the
end of the period. Lets assume that you will make 12 equal
payments of $700 each. You can also obtain a fixed rate
interest on your savings of 9.25% per year. We would like to
know how much money we will have immediately after we have
made our 12th payment.
Enter 700 for payment
9.25M = 0.77083% for interest rate per period
12 for Number of periods.
The future value amount would be $8765.43
To understand the difference between have the future value
calculated at the start of the period versus the end of the
period lets look at the following example. Assume we make one
payment of $700. The interest rate again is 9.25% per year.
How much money would we have in this investment immediately
after we deposit the $700 dollars.
Enter 700 for Payment
9.25M = 0.77083% for interest rate per Period
1 for number of periods.
The future value amount would be $700. The reason is that
immediately after we deposit the $700 there has not been any
growth of the investment due to interest rate compounding. If
we now run the same example above but this time enter 2 for
the number of periods we get $1405.40 as the response. This
tells us that we have made two $700 dollar payment for a
total of $1400. the $5.40 cents must be interest. However we
know that the last $700 payment we made did not have any time
to generate interest since the program calculates the future
value at the beginning of the period. If we want to know the
future value at the end of the period we would add one extra
period to the calculation and subtract the payment amount.
In the example above the future value after 1 month for a
$700 investment growing at 9.25% per year would be
$1405.40 - $700 = $705.40
H - Future Value one Payment
This program option allows us to calculate the growth of an
investment made with one payment over time. Lets assume that
we have $50,000 dollars which we will place in a fixed rate
savings account for 5 years. The interest rate that we have
locked in for this investment is 9.25% per year. We would
like to know what value this investment will have at the end
of 5 years.
Enter 50000 for Amount
9.25 for Interest rate
5 for the periods
At the end of 5 years the investment will have a value of
$77,817.49. Future Value one payment calculates the value
of your investment at the end of the period. It differs from
the Future Value Equal Payment formula mentioned above which
calculates the value of your investment at the beginning of a
period.
I - Number of Payments for Future Value
Lets assume we have set a goal of saving $50,000. Once a
month we will add $500 to a savings account which is paying
an interest rate of 9.25% yearly. How long will it take
before we have saved $50,000 ?
Enter 50000 for Future Value
500 for Payment (Monthly Payment)
9.25M for Interest Rate = 0.7708333
It will take 74.419 months to reach our goal of saving
$50,000.
J - Interest Rate for Future Value
We wish to have $40,000 grow to $50,000 within 2.5 years.
This section of the program will tell us what interest rate
is required to meet that goal.
Enter 50000 for future Value
40000 for present Value
2.5 for Number of Periods.
In this example the required interest rate would be 9.3362%.
K - Time Periods for Future Value
We have $40,000 which is earning 10% per year in an
investment. We would like to know how long it will take
before this investment will be worth $50,000.
Enter 50000 for Future Value
40000 for Present Value
10 for Interest Rate
It will take 2.341 years. Because interest was entered as a
yearly amount, the answer returned for the number of periods
was years.
PAGE 2 OPTIONS
A - Present Investment Value (Equal Payments)
Present value calculations allow us to consider the time
value of money when comparing investment opportunities.
Lets assume that you were offered an investment which would
pay you $1050 after 1 year if we invest $1000 today. We also
know that at the present time you could purchase a 1 year CD
from a bank yielding 7.5%, which in turn would turn your
$1000 investment into $1,075 dollars. In this simple example
we can easily see that the Bank CD is a better investment.
To calculate the value of an investment we discount the
interest rate growth component of the investment. If we know
at the end of 1 year that our investment will be worth $1050
and that a discount rate of 7.5% exists, then to calculate
the present value for that investment do the following.
Enter 1050 for Payment
7.5 for discount rate
1 for Number of Periods
The present value for the $1050 yield investment is $976.74
Since you need to spend $1000 dollars to get this investment;
but the present value for this investment is less than $1000;
this would not be a good investment. You are better of going
with the bank CD.
This last example was very obvious as to which investment is
preferred. Lets say that you are promised 5 annual payments
of $25,000 per year for a total of $125,000. You also know
that the discount rate for this investment is 11%. The
present value for this investment would be :
Enter 25000 for Payment
11 for Discount Rate
5 for number of periods
The present value for this investment is $92,397.42. This is
the highest amount of money you should consider investing to
get the promised return of $25,000 per year for 5 years.
B - Present Investment Value (One Payment)
You are given an investment opportunity which promises to pay
you $100,000 after 5 years if you invest $65,000 today. You
can earn 10% per year on another investment. Should you
consider this investment. (Assuming both investments have the
same risk level.)
Enter 100000 for Payment
10 for Discount Rate
5 for Number of Periods
The present value of this investment is $63,092.13. You would
be spending almost $2000 more than you should for this
investment.
C - Present Investment Value (Perpetuities)
The Perpetuities calculation for present value can be used to
calculate what amount of money is required to generate a
perpetual fixed income at a fixed interest rate.
Enter 3500 for Payment (Want $3,500 / month income)
10M for Discount (Converts 10% interest / year to
interest per month. We need to do
this so that the payment amount at
$3,500 per month matched the
interest amount unit)
We would obtain an answer of $420,000. This in effect says
that we could receive $3,500/month forever as long as the
interest rate remains fixed on our savings of $420,000. We
never touch any of the principal amount of our savings on a
Perpetuity.
D - Stock Dividend Yield %
The dividend yield of a stock is calculated by taking the
total dividend a stock has paid over a year divided by the
market price for a share of the stock. Dividends represent an
investment return which can be compared to other investment
opportunities.
Enter 2.00 for the dividend. (This stock paid $2.00 in
dividends over the last year.)
39.30 for Price for Stock.
The dividend yield for this stock would be 5.0890%
E - Stock Discount Rate
The discount rate for Stocks paying dividends can be
calculated by using the formula below.
Discount Rate = (Dividends/Price of Stock) + Growth of
Dividends. By rearranging the equations we come with a
formula for the value of Stock Shares shown in F
Lets assume that a company pays a $5/year dividend on a stock
selling for $50 per share. The dividend from this company has
been increasing at 10% per year. The calculated discount rate
would be 20%. ($5/$50)+ .10 = 20%.
F - Stock Value per Share
Value of Shares = Dividends/(Discount rate - Growth of
Dividends). By carefully studying the stability of dividend
payments. the historical growth rate as well as risks
associated with a firm, investors can determine the value of
a stock.
A stock paying $5.00 in dividends, growing at 10%, and having an
assigned discount rate of 20% is worth $50.00.
Enter 5 for Dividend
20 for discount rate
10 for growth of dividends
the calculated value per share is $50.00
G - Treasury bill Earnings
Treasury bills are sold at discount from face value. The
minimum denomination is $10,000. Bills are issued in
maturities of 13, 26, or 52 weeks. The face value of the bill
is payable at maturity.
Enter 10000 for Face Value of Bill
7.5 for Discount Rate
180 for Number of Days till Maturity
The earnings on this Treasury bill would be $375.00
This bill could be purchased for $9,625.00 The formula used
to calculate Treasury Bill earnings is shown below:
Earnings = (Discount Rate * Face Value) * (Days till
Maturity/360)
Treasury Bills use a 360 days/year calendar.
H - Treasury Bill Investment Rate
The treasury investment rate is similar to calculating an
investments annualized effective yield.
Enter 10000 for Face value of bill
9500 for Purchase cost
180 for Number of Days till Maturity
The Annual Investment rate would be returned as 10.672%.
This value allows you to compare the T. Bill return with
other investments on an annualized return rate.
I - Days between two dates
Enter your starting date and ending date in the format
MM-DD-YYYY. Then program will tell you the number of days
between the first date and the second date. If the second
date has a date earlier than the first, the answer will be
returned as a negative number.
Enter 05-05-1958
11-11-1990
The returned answer is 11,878 Days or 32.520 years.
J - Date Addition or Subtraction
Enter your starting date in the format MM-DD-YYYY.
Next enter the number of days you want to add to that date.
If you want to subtract a certain number of days, place a
minus '-' sign in front of the number.
Enter 11-11-1990 for Date
180 for number to add
The program will respond with 05-10-1991, showing the day to
be Friday.
K - Calendar
Enter a calendar month and year in the format MM-YYYY.
To move to a different month you can enter a new date or
use the Up arrow key and down arrow key. To exit the section
enter the Esc key or Page up keys.
Calculator (F1)
A four function Reverse Polish Notation calculator is
included in the program. RPN calculators do not use an
= sign. Instead you enter a series of numbers and then tell
the Calculator what you want it to do with those numbers.
Examples:
10.547 12 / (The calculator would divide 10.547 by 12)
5000 12 * 6500 + 2000 -
( We are Multiplying 5000 by 12 followed by
adding 6500 to that answer, followed by
subtracting 2000. The final answer will be
displayed.)
The answer displayed in the calculator is automatically
recorded into a temporary storage area. This number can then
be copied by hitting the F5 key (Copy Key) into any of the
program sections or notepad.
Notepad (F2)
The notepad allows you to keep notes on the program outputs,
etc. It may be called from nearly any location in the program
by hitting the F2 key. You can automatically take numbers
entered in the notepad and store then in temporary storage by
hitting the F9 key (Record Key). You can then go to any
program section and hit the F5 (Copy key) to have the output
automatically entered.
F5 (Copy) and F9 (Record) Keys
These keys allow you to automatically record a number from
one area of the program and copy it to another area. They act
as short cut keys. Any output from using the calculator is
automatically recorder. you need only go to a input section
in the program and hit F5 to automatically copy that
information.
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This program is being released to the public as ShareWare. It
is hoped that it will help you in making better financial
decisions. Many months of programing effort were involved in
creating Financial Wizard. The program has also been in beta
testing for approximately 9 months with 6 individuals one of
which is a Certified Financial Planner. Many enhancements to
the program and user interface were added based on their
feedback. Although an extensive amount of testing has been
done with the program, it is the responsibility of the user
to determine if it meets your needs. The author will not be
held responsible for any investments you choose to make based
on using the program. No Warrantees as to the fitness of this
software are expressed or implied. Financial Wizard is
Copyrighted software. The Author retains all copyrights to
the Software. You, as a registered user are licensed to
continue to used the software without violation of U. S.
Copyright laws.
I have worked hard to produce a program which offers the
types of financial modeling tools which I believe the typical
small investor would need. I wanted a program that did not
force investments to be entered and tracked in some type of
database. Rather, I was looking for something that would
allow loans and investments to quickly be analyzed based on
entering 3 or 4 input fields. I wanted a program that could
handle any type of compounding, whether it be daily, monthly,
quarterly, yearly, etc. I would welcome any comments and
suggestions for improving and enhancing the program. You are
encouraged to make copies of the program and distribute
freely to friends, clubs, bulletin boards, etc.
The only restriction is that this FINANCE.DOC file and the
FINANCE.EXE file must be distributed together. These files
should not be modified by anyone other than the original
author.
If you do use the software, feel it is useful, and would like
to see enhancements made to the program. Please register
your copy. (Please Note, The registration form below may also
be printed from within the FINANCIAL WIZARD Program. Enter
the Function Key 'F10' for Registration followed by 'P' for
print form.)
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Registration: Financial Wizard Software Version 3.11
Your Name :_________________________________________________
ADDRESS:____________________________________________________
CITY:________________________ STATE:___________ ZIP: _______
Phone Number:________________ Type of Disk Drive (3 1/2 ____
5 1/4 ____
Comments on Software, Manual:
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Thank you for Supporting Financial Wizard Software. As a registered
user you will receive the next major upgrade to this software free.
You will also receive a printed manual with this registration, and a
support phone number to answer any questions you may have with the
program.
Please send your Registration fee of $25 to:
Manuel A. Silva
2652 DeVault Bridge Rd.
Piney Flats, TN. 37686
Volume discount purchases are available. Please contact the
author for details.
