Infinity Softworks Palm Computing Platform - Manual (Page 7)

Loan Pro Lite 6 Infinity Softworks, Inc.
Main Screen
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Down%: the down payment made for the product, entered as a percentage. This is not
necessary if the price is the loan amount. This should be entered as a percentage (8.5%
should be entered as “8.5”).
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Payment: the amount paid each month for the loan.
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Int Rate%: the loan’s interest rate. This should be entered as a percentage (8.5% should be
entered as “8.5”).
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Loan Years: the number of years for the loan. Partial years can be entered as a fraction. For
instance, a three and a half year loan should be entered as “3.5”. Loan Pro Lite will compute
loans up to 50 years.