|
Description: The Engineering Economics Calculator is a multi-platform compatible program that allows users to input a loan amount, an interest rate, and the number of years of the loan. The program then outputs the monthly mortgage or loan payment. The program uses the single payment compound amount equation. Version 2.0 will include the single payment present worth equation, the sinking fund factor, the capital recovery factor, the uniform series compound amount factor, and the uniform series present worth factor.
|