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Advanced Interest Calculator
Control all aspects of your interest calculation
Specify: interest accrual periods; when (and if) interest is applied; when (and if) compounding occurs; interest free periods; the order payments are applied. Use predefined interest rate schedules, adjust nominal rates, create your own that can change over time or according to the size of debt, define different rates for credit and debit balances.
Handles a wide range of legislative and contractual scenarios Simply enter the principal amount, the start and end dates of the period, apply the rate and your calculation will be done. Multiple transactions, multiple interest rates Enter debit and/or credit transactions, when they occurred, and how much, apply the rate and your calculation will be done.