FinancesOSX is a software tool that calculates financial parameters. It helps users to manage their finances by generating accurate calculations based on their inputs. The software is designed for MacOS.
Loans are conventional loans whereby an initial fixed loan amount is paid back over a fixed period at a specific interest rate. Investments, on the other hand, are initial lump sum amounts of money that grow over time at a fixed growth rate, for instance with the help of an inheritance or lottery winning. Deposits are regular periodic deposits to an account that grows at a constant rate over a fixed number of years. This may refer to an investment club or a regular savings plan.
Moreover, FinancesOSX offer users the ability to calculate the duration of their retirement savings. The program determines how long one can take a periodic fixed amount from an initial investment at a fixed growth rate before the account is depleted. This allows users to know how long their life-long savings will last after they retire.
Whether you need to calculate a loan repayment plan, investment growth, periodic deposits, or retirement savings, FinancesOSX is the ideal software for you. The program is very user-friendly and intuitive, making it easy to use even if you are not particularly financially savvy. It offers users the ability to customize the values of the parameters and the results are displayed in an easy to read format.
Version 2.3a: N/A