------------------------------------------ APR CALCULATOR Ver. 2.0 (c) Copyright Peter L. Fishback 1988, 1989 Part of the T-MAPP Software Package ------------------------------------------ Peter L. Fishback P.O. Box 635 Vienna, VA 22183 The APR CALCULATOR program is copyrighted; however, you may make unmodified copies of the APR CALCULATOR program and documentation for your own use. Complete documentation, including source BASIC code, is available for registered users of this program. Registered users may modify the source code for their own personal use. License Agreement You have a non-transferable, non-exclusive license to the APR CALCULATOR program, subject to the terms and conditions of this License Agreement. As a non-registered user you may not modify, or alter the program in any manner, or combine it with other programs. The program and its documentation are copyrighted; however you may make archival copies of the program for your personal use. The program is provided "as is" without warranty of any kind, whether express or implied, including (but not limited to), any implied warranties of merchantability or fitness for a particular purpose. Peter L. Fishback does not warrant that the functions contained in the program will meet the user's requirements or that the operation of the program will be uninterrupted or error free. The entire risk as to the quality and performance of the program is with the user. Should the program prove defective, the user assumes the entire cost of all necessary servicing, repair, or correction. In no event will Peter L. Fishback be liable to the user for any damages, including any lost profits, lost savings, damages to other software or data, or other direct, incidental, or consequential damages arising out of the use or inability to use the program. If the user transfers possession of any copy, modification, or merged portion of the program to another party without the express written consent of Peter L. Fishback, then the user's license is automatically terminated. Program Description The program consists of the following files: a.bat Startup batch file startup.doc Initial screen display nnnnnnnn.exe One or more program files Also provided are the following informational files: programs.lst Description of all programs available in the T-MAPP program package (24 programs). readme.fil File containing this material. The program files were written in BASIC and compiled with the QuickBASIC compiler/editor, (c) Copyright Microsoft Corporation 1982 - 1987. The program will run under MS-DOS and PC-DOS, Versions 2.0 or later. MS-DOS is a registered trademark of the Microsoft Corporation. PC-DOS is a registered trademark of the International Business Machines Corporation. 2 APR CALCULATOR This program calculates APRs for all monthly payment loans other than combination construction/permanent loans. The program also tests whether a first/last payment irregularity may be ignored for Regulation Z APR, purposes. If the irregularity may be ignored, then the APR will be calculated without the irregularity). As additional features, the program tests whether the odd- period interest charge conforms to the loan note terms (if not then the odd-period is not ignored), treats "teaser" rate loans as regular payment loans, and calculates the acceptable tolerance range for Truth-In-Lending disclosure purposes (based on regular or irregular payments). * Program operation is commenced by * * * * entering A then . * When in data input filed mode ^C will terminate the program. In other modes ^Break will terminate the program. In most cases you can return to previous input screens with the or key. 3 DATA INPUT FORM APR CALCULATOR Date of Closing: Month _ _ Day _ _ Year _ _ _ _ First Payment: Month _ _ Day _ _ Year _ _ _ _ Amount Financed: $ _ , _ _ _ , _ _ _ . _ _ Odd Period Interest Charge: $ _ _ _ , _ _ _ . _ _ Collected: (C)losing, (F)irst Payment, (L)ast Payment Note Amount: $ _ , _ _ _ , _ _ _ . _ _ Note Interest Rate: _ _ . _ _ _ % Number of Payments: _ _ _ Teaser Rate Loan: Y or N Payment # of Payments $ _ _ _ , _ _ _ . _ _ _ _ _ $ _ _ _ , _ _ _ . _ _ _ _ _ $ _ _ _ , _ _ _ . _ _ _ _ _ $ _ _ _ , _ _ _ . _ _ _ _ _ $ _ _ _ , _ _ _ . _ _ _ _ _ $ _ _ _ , _ _ _ . _ _ _ _ _ 4 Registration To become a registered user of this program, complete the registration form, and send it along with a check for $10 (add $1 for a total of $11 if you also want 3.5" disks) payable to Peter L. Fishback, to: Peter L. Fishback P.O. Box 635 Vienna, Virginia 22183 1. Registered users will receive one or more, double sided, double density disks containing the following files: a.bat Startup batch file. startup.doc Initial screen display. ( brun20.exe Microsoft Corporation's run-time modules ) ( brun40.exe for QuickBASIC executable program files. ) nnnnnnnn.exe One or more program files. nnnnnnnn.bas One or more BASIC source code files, ASCII format. The code is designed for compilation with QuickBASIC, Vers. 2.0 and 4.0; however, with the addition of line numbers it may be run with a BASIC interpreter with little or no modification. manual.doc Printer ready, ASCII text file containing documentation for the program. Documentation typically consists of an explanation of the program's workings, a description of data input and output, a data input sheet, and sample applications to illustrate how the program works. The extent of documentation varies by program. 2. Registered users will receive notification of all revisions to the program (to download executable program files), for three years. Registered users may order new registered user's disks for $3.00. 3. Registered users are licensed to modify the source code for their own use. 5 REGISTRATION FORM APR CALCULATOR Date __________________ Name ______________________________________ Address ______________________________________ ______________________________________ Circle Disk Size: 5.25" 3.5" From which BBS / Shareware Group did you obtain this program? _______________________________________________________ ......................................................................... Note: For other available programs, read the programs.lst file. Single program registration fees paid may be applied to the program package registration fee of $125 ($140 for 3.5" disks). There are currently 26 programs available.