FinKit 1.2.5 for Mac OS Classic is a multi-function financial calculator that lets you solve all sorts of problems involving the time value of money.

Features

FinKit for Mac OS Classic provides seventeen calculations:

• Effective Rates
• Equivalent Rates
• Periodic to Annual Rates
• Inflation and Taxes
• Find Rate
• Single Payment
• Multiple Payments
• Annuity
• Perpetuity
• Amortization
• Sinking Fund
• Lease
• Credit Cards
• Savings
• Withdrawals
• Time between Dates
• Interest between Dates

Most of the calculations let you view details such as amortization schedules. Saved results can be opened in any program that can read tab-delimited text.

System requirements

FinKit for Mac OS Classic requires Mac OS 8.5 or higher and a PPC processor to run.
Click here for a Mac OS X version that runs on Mac OS 10.3.9 or later.

Help

FinKit comes with an extensive Help which includes lots of examples of what you can do with it. To view the FinKit Help pages for the Mac OS X version, click here.

Freeware

FinKit for Mac OS Classic is freeware. Enjoy!

Acknowledgments

FinKit would never have become what it is if it hadn't been for Barbara Canino and Marco Damaschi from MaBaSoft.

They are the authors of great programs like Application Wizard, Euro Assistant Pro, World Clock Deluxe, Quit CSM and Stopwatch CSM.

Screenshots

Calculate amortization schedules...

Calculate the true cost of paying the minimum on a Credit Card debt...

Version history

Version 1.2.5

• fixed a bug in the Annuity calculation

Version 1.2.4

• fixed a bug in the Periodic Payments and Perpetuity calculation details: when selecting "none" as the periodic change, details were calculated using the previously entered value for the "amount" change
• fixed an issue with gradient values not being saved properly
• removed multiple refreshes while calculating details

Version 1.2.3

• FinKit for Mac OS Classic is freeware now. Since all future development will be done on Mac OS X, no more new features will be added to the Classic version
• fixed a bug in the Credit Cards calculation

Version 1.2.2

• added the possibility to choose bi-monthly and bi-weekly as compounding and payment frequencies
• added links to Support and FinKit web site in the Help Menu
• links within the program and the documentation were updated to the new address

Version 1.2

• added the Inflation and Taxes calculation that calculates the real rate of return
• added the Find Rate calculation to calculate the rate for single payments based on present and future value and for multiple payments based on present or future value and periodic payments
• added the Savings calculation to calculate the number of periodic deposits needed to reach a savings goal
• added the Withdrawals calculation to calculate the number of periodic withdrawals that can be made from an account

Version 1.1

• added the Periodic to Annual Rates calculation that converts a periodic to nominal and effective annual rates
• added the Lease calculation so that there's no need to combine two calculations anymore
• added the Credit Cards calculation which lets the user find the number of payments needed to pay off a debt using either variable or fixed payments

• amounts are now copied between calculations depending on the type of value that they represent (periodic payments, present and future value)
• individual results can be copied just by clicking them as in the OS X version
• the way percentages are copied is changed to make it easier to paste them into input fields
• some menu commands were rearranged so that they are now located in the same menus as in the OS X version
• the layouts of the About window and the Splash window were changed
• a Show / Hide Help String command was added to the Help menu to enable or disable the display of help strings
• after the 15 days trial period is over the user is reminded to register at each launch, if FinKit hasn't been registered within 30 days it will enter a demonstration mode in which some features are disabled
• some minor bugs were fixed

Version 1.0.4

• the range for rates is changed back to go from 0.01 % to 100 % to prevent rounding errors
• maximum input lenght for rates is set to 11 characters to prevent rounding errors
• the range for deferment periods is increased to permit calculation of retirement and education funds
• an issue with remembering input when switching between fixed and variable interest rates in the Time between dates calculation is fixed
• superfluous spaces and tabs in saved results are removed
• the Help pages have two new chapters: Frequently Asked Questions and Combining calculations
• variable interest tables can now be saved as text files
• the Add period button is now the default button in the Variable interest tables window
• the progress bar that appears when there are more than 50 rows in the details table now increments instead of being displayed as a barber pole

Version 1.0.3

• the range for the nominal annual rate is now set to go from 0.001 % to 200 %, to permit users to experiment with extreme values. Results that can't be calculated reliably will be shown as "Too big!".
• the possibility to use continuous compounding is removed from the Perpetuity calculation, as when details were shown a very annoying alert would pop up for every row in the details table tellin the user that continuous compounding isn't implemented yet
• when using the Effective Rates calculation with continuous compounding the Effective periodic rate now displays a question mark, as the periodic rate can't be calculated. In the previous version it displayed the value for 999 compounding periods per year.
• a bug with copying values between calculations and saving values when quitting has been fixed
• the shortcuts to speed up the editing of tables have been changed
• table names cannot start with a dot anymore as these filenames are reserved by the system on Mac OS X
• the Help pages were updated and some errors were corrected

Version 1.0.1

• added the possibility to use either 360 days or 365 days per year for daily compounding
• fixed a bug in the details for the Effective Rates calculation
• made a few minor changes to the Help pages

Version 1.0

• first shareware version