Interest Calculator
The Markosoft Interest Calculator was originally designed as to tool to be
used by accountants and bookkeepers for easily calculating daily interest. Shortly after its initial release,several
additional interest calculation features were added to the program including the ability to calculate payment amounts,
length of loans, and savings interest as well as daily interest.For example, wouldn't it be great if you knew how much the monthly payment on a $25,000 car would be before you decided
to shop for one? Or, if you paid an extra $100 a month on your house payment,how much sooner would you be able to pay
it off? The Interest
Calculator is capable of answering these questions and more.It can
calculate the interest earned on savings accounts and print detailed
amortization schedules.It is easy, fun to use, and effective in calculating
the interest on all of your accounts.With the addition of printable amortization schedules and some enhanced reporting capabilities, it became apparent that
the Interest Calculator was more than just a tool for accountants and that the application could be used by virtually
anyone to effortlessly obtain useful savings, loan, and interest information on a day to day basis.
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