Thursday, May 26, 2005

Statutory Interest Calculator

The wife had a need to calculate the present value of a number of payments all that were due to one of her clients for the last several years as part of a legal preceeding. These payments are all subject to pre-judgement interest with varying interest rates. I took the chance and created a spreadsheet that she could use to enter the payments that were due into the appropriate months they were due and using the posted statutory interest rates for Florida, this spreadsheet calculates the present value of all of those cash flows. If anyone is interested in using this, don't hesitate to contact me.