What's
new in version 2.0?
- added two new compute methods (actuarial interest
and simple interest) to the existing compound interest
method
- the actuarial method calculates compound interest
on full periods and simple interest on fractional periods,
the simple interest method calculates simple interest
on both full and fractional periods, the compound interest
method calculates compound interest based on the year
fraction as calculated for the selected day count convention
- for actuarial and simple interest fractional
periods are based on the number of days in the stub
period and the year length which can be set to 365,
360 or 364 to match year, month or week based periods
- for compound interest ten new day count conventions
were added: act/act EUR, act/365/L, NL/365, 30/360
ISDA, 30/360 US (NASD), 30E/360 ISDA, 30/360 US, 30/360
SIA, 30/360 BMA, 30/360 IT
- inflows and outflows now have their own columns
in the amortization schedule, unknowns are placed in
the appropriate column depending on what they represent
- when negative amortization occurs and U.S.
Rule is applied, the balance column in the amortization
schedule is split up in a column for interest due and
a column for principal due
- the rate column in the amortization schedule
is only displayed when the cash flow contains rate
changes
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