In today's changing economic climate, we are
faced with many new challenges. The solution to dealing
with change successfully is to gain control over our
financial affairs. Control comes from identifying goals
and putting into action a plan that will achieve those
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| MemberSolutions is a software program that answers your
financial questions. It provides you with a preliminary
analysis that will help you identify and achieve your
financial goals. A few of the most popular financial
calculations are featured here. |
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| These calculations can forecast the
future value of a deposit or series of deposits. Other
features include present and future value of deposits as
well as determining interest rate earned. |
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Projected Value
of a Deposit. Calculate the future value of a
deposit such as a term deposit, registered education
savings plan (RESP) or registered retirement savings plan
(RRSP) over an extended period of time. |
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Projected Value of
a Series of Deposits. Calculate the future value
of a series of uniform deposit amounts such as a
registered education savings plan (RESP) or registered
retirement savings plan (RRSP). |
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Deposits Needed
for a Future Sum. Calculate the deposit amount
needed to reach a specific future sum such as a home or
automobile down payment. |
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| Assists in determining the most effective
method of repayment of loans including mortgages and
allows you to project the effects of lump sum payments
and different payment frequencies. It also calculates a
full payment history for the life-time of a mortgage. |
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Loan Payment
Calculation Calculate the principal and
interest amount required to pay off a loan at a specified
interest rate and period of time such as an automobile
loan. |
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Effect of Lump
Sum Payment on a Loan Calculate the savings in
interest and time by making a lump sum payment on a loan
such as an automobile loan. |
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Mortgage
Payment Schedule Calculate the payment required
to amortize a mortgage loan. |
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If you
would like to obtain a complete copy of Member Solutions, e-mail Stonefield
Systems Group Inc. Or, to develop a more detailed
analysis, simply talk to one of our credit union
professionals. We are
always pleased to help!
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