Fixed Income, Variable Income, Compound Interest, Date Calculator and Database to save the calculations you want for comparisons, analyzes and consultations – all in a single application – made with the experience of more than 30 years in the Banking Market and the most modern development techniques for Android: Kotlin programming language, Room-SQLite Database etc.
The Financial Calculations application works with compound interest, that is, interest on interest. This is the way used by the market today and it can be very good for you – if you are investing – or be very bad – as in installments and loans. This way of calculating interest is difficult to do manually, so we make these operations easier, helping you to better control your finances through the following processes:
Fixed Income and Variable Income – all financial investments are divided into just two basic groups: Fixed Income – CDB, RDB, LCA, LCI, Savings, Direct Treasury, etc. – where basically you lend your money to a bank or the government and receive income; and Variable Income – stocks, real estate, etc. – here you are investing directly in a business, becoming a kind of partner, and may have large gains or even losses. This application allows you to calculate these monetary values and the various percentages of these results – daily, monthly, annual rates – enabling better investment guidance. We have 4 modules here: Fixed Income, Fixed Income with Contributions, Variable Income – this module is particularly interesting and we consider it one of the differentials of this Application – and Equivalent Compound Interest, which allows you to compare these interest rates in relation to different periods of time. If you wish, you can also set a custom deadline.
Installment interest calculations – consider the following example: if you take out a loan or make a purchase worth BRL 10,000.00 to pay in 12 monthly installments of BRL 1,000.00, the final amount will be BRL 12,000, 00 – BRL 2,000.00 of interest. However, you will not be paying 20% interest per year. This would only happen if you paid everything off at the end of one year. But, as you already start paying a month after the negotiation, the interest is much higher: 41.299% per annum. Once you know how much you're really paying, you can better decide how to shop. It can also be used to compare the cost of two or more loans with different amounts and terms.
We also have three Date Calculator modules: Interval between Dates, which allows you to calculate the interval between two dates in calendar days and also in year/month/day form. It also shows working days (without Saturdays and Sundays), Add or Subtract periods to a given date and Calculations with your Birthday Date.
And, finally, a big differential: Database using Room-SQLite technology, which allows you to save the calculations you want for comparisons, analyzes and queries.
Important Notice: We, like a large number of Software Developers, work with the Freemium model, which allows you to get to know the application well before purchasing the paid version - which is very affordable. Therefore, part of this Application's functions are limited, generally allowing calculations in periods of up to one year. To access the Premium Version, just click on the Premium Version option in the Side Menu, where a page with an icon to access the Play Store will open.
The Financial Calculations application works with compound interest, that is, interest on interest. This is the way used by the market today and it can be very good for you – if you are investing – or be very bad – as in installments and loans. This way of calculating interest is difficult to do manually, so we make these operations easier, helping you to better control your finances through the following processes:
Fixed Income and Variable Income – all financial investments are divided into just two basic groups: Fixed Income – CDB, RDB, LCA, LCI, Savings, Direct Treasury, etc. – where basically you lend your money to a bank or the government and receive income; and Variable Income – stocks, real estate, etc. – here you are investing directly in a business, becoming a kind of partner, and may have large gains or even losses. This application allows you to calculate these monetary values and the various percentages of these results – daily, monthly, annual rates – enabling better investment guidance. We have 4 modules here: Fixed Income, Fixed Income with Contributions, Variable Income – this module is particularly interesting and we consider it one of the differentials of this Application – and Equivalent Compound Interest, which allows you to compare these interest rates in relation to different periods of time. If you wish, you can also set a custom deadline.
Installment interest calculations – consider the following example: if you take out a loan or make a purchase worth BRL 10,000.00 to pay in 12 monthly installments of BRL 1,000.00, the final amount will be BRL 12,000, 00 – BRL 2,000.00 of interest. However, you will not be paying 20% interest per year. This would only happen if you paid everything off at the end of one year. But, as you already start paying a month after the negotiation, the interest is much higher: 41.299% per annum. Once you know how much you're really paying, you can better decide how to shop. It can also be used to compare the cost of two or more loans with different amounts and terms.
We also have three Date Calculator modules: Interval between Dates, which allows you to calculate the interval between two dates in calendar days and also in year/month/day form. It also shows working days (without Saturdays and Sundays), Add or Subtract periods to a given date and Calculations with your Birthday Date.
And, finally, a big differential: Database using Room-SQLite technology, which allows you to save the calculations you want for comparisons, analyzes and queries.
Important Notice: We, like a large number of Software Developers, work with the Freemium model, which allows you to get to know the application well before purchasing the paid version - which is very affordable. Therefore, part of this Application's functions are limited, generally allowing calculations in periods of up to one year. To access the Premium Version, just click on the Premium Version option in the Side Menu, where a page with an icon to access the Play Store will open.
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