{"id":4616,"date":"2016-10-27T12:00:20","date_gmt":"2016-10-27T15:24:36","guid":{"rendered":"http:\/\/margill.com\/en\/?p=4616"},"modified":"2025-10-10T11:52:00","modified_gmt":"2025-10-10T15:52:00","slug":"general-public","status":"publish","type":"post","link":"https:\/\/margill.com\/en\/general-public\/","title":{"rendered":"General public"},"content":{"rendered":"<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\">The choice of thousands<\/h3>\n<ul>\n<li>Accountants<\/li>\n<li>Financial planners<\/li>\n<li>Law offices, legal departments<\/li>\n<li>Government agencies<\/li>\n<li>Insurance companies<\/li>\n<li>SMEs and large corporations<\/li>\n<li>See also <a href=\"\/en\/finance\/\">Finance<\/a>, <a href=\"\/en\/financial-planning\/\">Financial planning<\/a>, <a href=\"\/en\/real-estate\/\">Real Estate<\/a><\/li>\n<li>People like you&#8230;<\/li>\n<\/ul>\n<h2><b class=\"texteOrange\"><span style=\"font-size: small;\">Common calculations for general public use<\/span><\/b><\/h2>\n<ul>\n<li>Personal loans including APR (Annual Percentage Rate) calculation<\/li>\n<li>Line of credit management<\/li>\n<li>Mortgage comparison (regular and irregular payments at fixed or variable interest rates, lump sums&#8230;)<\/li>\n<li>Investment management and comparisons\n<ul>\n<li>Return on investment<\/li>\n<li>Return on investment over the years with regular or irregular payouts<\/li>\n<li>Future value of regular or irregular investments (periodic investments at compound interest) over time<\/li>\n<li>Investment scenarios &amp; comparisons &#8211; for example historic investment in the Stock market vs. fixed or variable rate security<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 class=\"texteOrange\"><span style=\"font-size: small;\"><b>Standards-based<\/b><\/span><\/h2>\n<ul>\n<li><b>International standards and recognized principles<\/b> for the calculation of interest (Americas, Europe, Asia, Australia, Africa)<\/li>\n<li><b>United States banking rules <\/b>(Regulation Z, Truth in Lending Act)<\/li>\n<li><b>European Community rules <\/b>(Directive 98\/7\/CE)<\/li>\n<li><b>Canadian rules<\/b><\/li>\n<li><b>Day count <\/b>conventions : Actual\/actual (also known as Actual\/365), 30\/360, Actual\/360, Actual\/365(Fixed)<\/li>\n<li>Actuarial rule (Normal amortization), Fixed capital and Interest only<\/li>\n<li>APR (Annual Percentage Rate) calculation<\/li>\n<\/ul>\n<ul>\n<li><b>Simple<\/b> and <b>Compound<\/b> interest<\/li>\n<li><b>Unique<\/b> (fixed) or <b>variable<\/b> interest rates<\/li>\n<li>4-decimal-point accuracy<\/li>\n<li>Multi-currency<\/li>\n<li>Printed reports that include quarterly and \/or annual and choice of the financial year-end<\/li>\n<li>Export of the data to Excel,Word, XML, RTF<\/li>\n<\/ul>\n<p align=\"center\"><a href=\"\/en\/specialized-features\/\"><b>Highly specialized features<\/b><\/a><br \/>\n(for total accuracy in Amortization)<\/p>\n<h2><b class=\"texteOrange\"><span style=\"font-size: small;\">Real-life examples of various calculations<\/span><\/b><\/h2>\n<p>Click to see Margill examples:<\/p>\n<ul>\n<li><a href=\"\/en\/mortgages\/#1\">Regular mortgage<\/a>\n<ul>\n<li>USA, Europe, Australia&#8230;<\/li>\n<li>Canada<\/li>\n<\/ul>\n<\/li>\n<li><a href=\"\/en\/mortgages\/#2\">Irregular mortgage with lump sum payments and variable interest rates<\/a><\/li>\n<li><a href=\"\/en\/mortgages\/#3-1\">Variable-rate mortgage with payments adjusted according to the interest rates in force<\/a><\/li>\n<li><a href=\"\/en\/loans\/#3-1\">Mortgage includes unknown future interest rates with payments adjusted as these rates become known<\/a><\/li>\n<li><a href=\"\/en\/loans\/#3\">Loan with regular payments<\/a><\/li>\n<li><a href=\"\/en\/loans\/#7\">Verification of the precision of the APR (Annual Percentage Rate)<\/a><\/li>\n<li><a href=\"\/en\/loans\/#4\">Irregular loan &#8211; <span class=\"texteRouge\">let&#8217;s make this fun!<\/span> refund interest only, then of a fixed principal amount and a regular refund. Let&#8217;s include missed and late payments and even an NSF check!<\/a><\/li>\n<li><a href=\"\/en\/loans\/#4-1\">Loan that includes unknown future interest rates with payments adjusted as these rates become known<\/a><\/li>\n<li><a href=\"\/en\/loans\/#6\">Calculation of the unknown interest rate applicable to a loan with irregular refunds<\/a><\/li>\n<li><a href=\"\/en\/investments\/#1\">Value of historical investment in the Stock market vs. investment in treasuries<\/a><\/li>\n<li><a href=\"\/en\/investments\/#2\">Annual Rate of return<\/a><\/li>\n<li><a href=\"\/en\/investments\/#2a\">Annual Rate of return in complex situations (regular or irregular investments and payouts)<\/a><\/li>\n<li><a href=\"\/en\/investments\/#3\">Future value of regular and irregular periodic investments over time<\/a><\/li>\n<li><a href=\"\/en\/investments\/#4\">Present value investment based on future predicted irregular cash flows<\/a><\/li>\n<\/ul>\n<table class=\"texteRouge\" border=\"1\" width=\"80%\" cellspacing=\"0\" cellpadding=\"15\" align=\"center\" bgcolor=\"#FFCC99\">\n<tbody>\n<tr align=\"center\">\n<td height=\"122\">\n<h3><b><span style=\"font-size: small;\">Fully exploit the power of Margill!<\/span><\/b><\/h3>\n<p align=\"left\">Once the amortization schedule is calculated, use the<b> <a href=\"\/en\/general-public\/\">right mouse click<\/a> <\/b>to create totally custom payment schedules: interest only, fixed principal, irregular payment amounts and dates, lump sum, missed and extra payments, variable interest rates, new principal, etc.<\/p>\n<h3><b><span style=\"font-size: small;\">TOTAL flexibility available ONLY in Margill<\/span><\/b><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b class=\"texteOrange\"><span style=\"font-size: small;\">Multiple variable interest rate tables and indexation tables included &#8211; OR create your own<\/span><\/b><\/h2>\n<ul>\n<li>All variable interest rates can be incremented (or reduced) by x% as of any date<br \/>\nFor example, prime + 2,5% starting November 15, 2004<\/li>\n<\/ul>\n<h3><\/h3>\n<h3><span class=\"texteNoir\"><b>Central Bank interest tables<\/b><\/span><\/h3>\n<ul>\n<li>United-States &#8211; Discount rate (Federal reserve)<\/li>\n<li>Great-Britain &#8211; Repo rate<\/li>\n<li>Canada &#8211; Target rate (preferential)<\/li>\n<li>Australia &#8211; Cash rate<\/li>\n<li>Hong Kong &#8211; base rate<\/li>\n<li>Europe &#8211; key rates &#8211; deposit facility &#8211; European Central Bank<\/li>\n<\/ul>\n<h3><b class=\"texteNoir\">Late tax rates<\/b><\/h3>\n<ul>\n<li>US Internal Revenue Service (IRS) underpayments<\/li>\n<li>Canada Revenue Agency (CRA) underpayments<\/li>\n<\/ul>\n<h3><b class=\"texteNoir\">Legal interest rates<\/b><\/h3>\n<p>USA (federal post-judgement interest rates), Canada (Ontario, British Columbia, Quebec), Great-Britain, Australia, France, Belgium, Luxembourg<\/p>\n<h3><b class=\"texteNoir\">Indexation tables:<\/b><\/h3>\n<ul>\n<li>Inflation rates for various countries: USA, Canada, Great Britain, Australia, France, Switzerland, Belgium, Luxembourg,<\/li>\n<li>Historical performance of Stock market indices (annual % change)\n<ul>\n<li>Dow Jones Industrial Index, S&amp;P 500, NASDAQ, FTSE (London), Toronto Stock Exchange, Hong Kong Hang Seng, Bourse de Paris<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The choice of thousands Accountants Financial planners Law offices, legal departments Government agencies Insurance companies SMEs and large corporations See also Finance, Financial planning, Real Estate People like you&#8230; Common calculations for general public use Personal loans including APR (Annual Percentage Rate) calculation Line of credit management Mortgage comparison (regular and irregular payments at [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[193,421,404],"tags":[],"class_list":["post-4616","post","type-post","status-publish","format-standard","hentry","category-knowledge-base","category-margill-and-industry-new","category-margill-loan-manager"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Margill | Our software and the General Public needs<\/title>\r\n<meta name=\"description\" content=\"Learn how our software can be useful for the general public needs\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/general-public\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" 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