|
What
is BizCalc?
BizCalc is an intuitive, full-featured business/financial
software that emulates the popular Hewlett-Packard HP-12C
calculator. Using RPN logic, it performs the following
calculations and more: Loan/Mortgage, Discounted Cash Flow
(NPV, IRR), Bond, Compound Interest, Leasing, Actu and
Markup Functions, Depreciation, Amortization Schedule,
making it the premier financial calculator software. It
also incorporates a powerful tape display that can be annotated,
date/time stamped, and saved for later use.
What
are the versions of BizCalc?
Pocket BizCalc for Windows CE that can be installed
on the Handheld PCs
Pocket BizCalc for Windows CE that can be installed on Palm PCs.
BizCalc for Windows 95/NT that can be installed on the desktop PCs.
Who
can use BizCalc?
BizCalc is an indispensable business tool for business,
retail, finance, banking, real estate, leasing industry
professionals.
What
are the system requirements to install BizCalc?
Pocket BizCalc is designed to run on any Windows
CE Handheld PC configuration and takes up approximately
300 KB of RAM.
BizCalc for Windows 95/NT requires
a 386DX or higher CPU, 8MB of RAM for Windows 95, 12
MB of RAM for Windows NT Workstation, 450 KB of disk
space, Microsoft Windows 95 or Windows NT Workstation
3.5 or higher.
What
is Reverse Polish Notation (RPN)?
Reverse Polish Notation and is a style of arithmetic
calculations that doesn't require an '=' key. RPN has
an advantage over algebraic calculators when performing
multiple calculations involving intermediate results.
With an ordinary algebraic style calculator,
you would enter a calculation just as it is written.
For example, to add the numbers 4 and 3, you would enter
4 + 3 =. When you pressed the '=' key, the result, 7,
would be shown in the display. Now if you wanted to multiply
this result by 7, you would press * 7 = to yield your
result.
With an RPN calculator, the same equation
would be entered as 4  3  . To again multiply
this result by 7 you would now enter 7  . With each new step, the result of the last
step becomes the first number of the next step. One other
function key you should know about is the  key. It is used to clear the value in the display.
There are several additional functions, which are used
for stack operations.
What
are the main differences between BizCalc and the HP-12C
calculator?
BizCalc does not utilize the gold prefix key
[f] or the blue prefix key [g]. To invoke the alternate
functions, you would simply click on the desired function
directly below or above the primary key button.
BizCalc allows for 999 programming
steps versus 99 steps for the HP-12C. BizCalc also has
the capability to accommodate multiple programs.
BizCalc includes a display that can
show the contents of the stack registers, contents of
the memory registers or a paperless adding tape. To change
the display, simply click on View, then select
either Tape, Memory or Registers.
The tape can be annotated, date/time stamped, and saved
for later use.
To specify the number of decimal places
in Pocket BizCalc, click on View, Options,
and then type in the number of Decimal Digits in the
box. In BizCalc, click on Options, Preferences.
BizCalc features an Amortization Schedule
that lists the breakdown of a loan payment into principal
and interest and displays the loan balance after each
payment. This Schedule can be saved for future reference.
With the HP-12C, you would have to go through several
keystrokes to get the amortization breakdown of each
payment individually.
What
calculator functions of BizCalc are not available in
the HP-12C calculator?
BizCalc has all the functionality and feature
set of the HP-12C calculator and includes the following
features that save quite a few keystrokes from the HP-12C:
Net Future Value> –  computes the net future value of
irregular payments at regular intervals.
Markup Functions> – BizCalc includes
four additional keys:  for Cost,  for Price,  for Mark Up as a % of Cost, and  Mark
Up as a % of Price or Margin. Once any two of the inputs
have been entered, the other two results can be obtained
easily. For example, assuming that you would like to
find out the markup and selling price of a product that
costs $100 with a margin of 20%. Type in 100, then tap , type in 20, then tap .
For the results, tapping on will show 125 and tapping on will
show 25% (i.e., there is a markup of 25%). A total of
6 steps compared to a total of 16 steps with the HP-12C.
Leasing> - BizCalc provides a function
for calculating the payment amount of a compound interest
problem where advance payments are made. This often occurs
in leasing calculations where several payments are made
at the end of the lease.
Actu> – BizCalc includes functions
for supporting Single Payment Present Value  , Single Payment Future Value  , Uniform Series Present Value  , and Uniform Series Future Value  calculations. calculates the present value of $1 to be
received after a number of periods at a certain compounding
rate.  calculates the future value of $1 to be received after a number
of periods at a certain compounding rate. calculates the present value of a series
of $1 payments at regular intervals after the last payment
has been made. calculates the future value of a series
of $1 payments at regular intervals after the last payment
has been made.
Modified Internal Rate of Return> –  is calculated using a different interest
rate for the positive cash flows than for the negative
ones. Negative cash flows are calculated using a "safe" rate
of return while the positive cash flows are calculated
using a "reinvestment" or comparable risk rate.
Random Number Generator> - BizCalc
includes a  key that calculates uniformly distributed pseudo numbers between
0 and 1.
BizCalc has a  key that will display the value
of P to 18 significant figures.
What
is the Cash Flow Sign Convention used?
Compound interest calculations involve money being received as well as paid out.
Thus a loan calculation would involve a positive present value and a negative
payment. BizCalc requires that the proper cash flow sign convention be used when
performing financial calculations.
What
are the main calculator functions in BizCalc?
Bond Calculations> – The  and  functions calculate the price and
yield to maturity of a semi-annual coupon bond. Calculations
are made on a 30/360 day basis using a par value of 100.
Actu Calculations> -
BizCalc includes functions for supporting Single Payment
Present Value  ,
Single Payment Future Value  , Uniform Series Present Value  , and Uniform Series Future Value  calculations.
Amortization Calculations> -
Produces the amount applied toward the principal and
interest
for a particular loan payment or series of payments.
Depreciation Calculations> -
Uses Straight Line  , Sum of Years Digits  ,
Declining Balance  methods.
Markup Functions> – The , , and function keys are used to calculate markup
as a percentage of cost or price.
Math Functions> -
BizCalc provides the following math functions:
- Calculates the value of P (3.14159...) to 18 significant
digits
 Calculates the log (base 10) of a number in the display Calculates the natural log of a number in the display Calculates the exponential, e to the
power given in the display Calculates 10 to the power given in the
display Calculates the reciprocal of the number
in the display Calculates the factorial of the number
in the display Calculates the square root of a number
in the display Rounds the number in the display to the number of digits
shown in the display Raises a number in the y register to
the power in the x register Returns the integer portion of the number
in the display Returns the fractional portion of the
number in the display
Calendar Functions>
The  function is used to determine a past or
future date given a date and a number of days.
The  function is used to determine the
number of days between 2 dates.
Percentage Calculations> – The  function
is used to calculate a percentage of a number.
Compound Interest
Calculations> - Compound
interest calculations involve monies where interest is
compounded at regular intervals. BizCalc uses the  ,  ,  ,  and  registers in compound interest calculations.
Statistics Functions> -
BizCalc can perform common statistical calculations
including mean
and standard deviation.
 Enter data points into the statistical
registers Remove an incorrectly entered data
point(s) from the statistical registers Calculate the mean Calculates the standard deviation Calculates the weighted mean Calculates the linear estimate and correlation coefficient
for a first (X) variable Calculates the linear estimate and correlation coefficient
for a second (Y) variable
Programming> - Programming BizCalc
is a process whereby you "teach" the calculator a series
of keystroke steps. BizCalc allows up to 999 program
steps. Programs can be saved with long filenames for
later use.
Interest Rate Conversions> -
BizCalc can convert between a nominal interest rate
and an effective
interest rate using either periodic compounding or continuous
compounding. Interest rate conversions are required for
compound interest problems where the compounding period
is different from the payment period.
Leasing and Lending> -
BizCalc provides a function for calculating the payment
amount of a compound
interest problem where advance payments are made.
Discounted Cash
Flow Analysis> - The
Net Present Value, Net Future Value, Internal Rate of
Return, and Modified Internal Rate of Return functions
allow you to compute compound interest problems at regular
intervals where the payment (positive or negative) amount
is irregular.
Simple Interest
Calculations> - Computed
for both 360-day basis and 365-day basis.
Mortgage/Loan Calculations> – Calculates
monthly payments, balloon payments, annual percentage
rates (APR) and loan amounts.
Memory Storage Registers> -
In addition to financial and other specialized registers,
BizCalc
incorporates 20 general purpose memory storage registers.
To store a number in a memory register, key in the number
and press  followed by a number (0 through 9 or .0 through
.9). To recall a number from a storage register, press  followed
by a number (0 through 9 or .0 through .9).
Miscellaneous Functions>
- Rounds the number displayed to the number of decimal point
digits set
- Generates a random number
- Returns the fractional part of a number
- Returns the integer part of a number
 Rolls down the stack, see stack operationsStack_Operations Exchange the contents of the x and
y registers Display the LastX register (value before
operation performed) What
is the selling price?
Pocket BizCalc for Windows CE is available now at
a price of $39.95.
BizCalc for Windows 95/NT is available now at a price of $39.95.
A bundle that includes both Pocket BizCalc and BizCalc is available now at a
price of $49.95.
|
