The Business Pac offers thirteen applications essential for
business computations. These include: time value of money, interest conversion, cash-flow
calculations, bonds and notes, option valuation, probability distributions, regression
analysis, currency conversion, business calculations, depreciation, installment loan,
time, and print applications.
Time Value of Money - This application calculates
simple or compound interest, and computes amortization.
Interest Conversion - Calculates effective interest
rate, a useful entity when comparing interests with different compounding periods.
Cash-Flow Calculation - Mainly used to solve financial
problems where cash flows occur at regular intervals, but vary in amount.
Bonds and Notes Application - Calculates yield, yield
to maturity, accrued interest, and maturity date. Calculations can be made the basis of an
Option Valuation - The computations in this application
are based on the Black and Scholes option valuation model.
Probability Distribution - Computes point and interval
probabilities for binomial, geometric, poisson, hypergeometric, normal (or Gaussian),
chi-squared, student-t, and Fischer distribution functions.
Regression Analysis - This application performs the
analysis of variance (ANOVA), estimates partial regression coefficients, calculates the
Durbin-Watson statistic, and finds coefficients of determination.
Currency Conversion - The conversion of currency.
Business Calculations - Computes percent change,
percent of total, markup as a percent of cost, and markup as a percent of price.
Depreciation - Handles four methods of depreciation
calculations: declining balance, sum of years digits, straight line, and accelerated cost
Installment Loan - Computes interest and remaining
balance of a loan with fixed down payments.
Time Application - Computes real days between two
specified days based on a 360 or 365 day calendar.
Print Application - Contains a sub-directory of several