Interest Calculator calculates interest on a debt.
It is suitable for use by NSW, Victorian & ACT legal
practitioners.
Interest can be calculated:
Pursuant to a state or court interest rate scale e.g. Federal Court
, Supreme Court, UCPR (Uniform Civil Procedure Rules), Penalty
Interest Rates Act, Family Law Act, Magistrates Court, Local Court, RBA Cash
Rate.
Pursuant to a custom interest rate scale which is created by the user
Interest Calculator includes the following court/state
interest rate scales
(sometimes referred to as schedules) :
NSW - Uniform Civil Procedure Rules 2005 - Schedule 5
Victoria - Penalty Interest Rates Act 1983
Family Court
Federal Court
ACT Magistrates Court Pre Judgement
ACT Magistrates Court Post
Judgement
Reserve Bank Cash Rate
Reserve Bank Cash Rate Plus 2% (Solicitors in
NSW and Victoria may charge interest on their fees only at a special rate
known
as the Reserve Bank Cash Rate Plus 2%)
Custom Interest Rate Scale
Instead of using one of the court/state interest rate
scales that are
automatically included as part of the program you can create and edit your
own
custom interest rate scale.
Interest Calculator Advanced
The advanced window allows you to calculate interest where there are
multiple
loan advances and/or repayments over a period of time
|
Date of loan advance of
$14,000
|
22.4.2003 |
|
Date of loan repayment of
$2,000
|
3.6.2004 |
|
Date of loan advance of
$3,000 |
8.12.2005 |
|
Date of loan repayment of
$6,000 |
3.5.2006 |
|
Date to which interest is
calculated to |
8.7.2006 |
Changes in
Interest Rates
When interest rates change within any of the above scales the program
will automatically download and install an update over the internet. You do
not
pay for updates, after you pay the annual licence fee all updates are free
of
charge.
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Description
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Price
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30 Day Licence
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$33
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Single user licence
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$220 P.A. Annual Licence fee
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each additional licence
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$110 P.A. Annual Licence fee
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The video works in Internet Explorer 9 & Google Chrome. It will not play in
Firefox.
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