Financial calculator for calculating, graphically displaying and confirming results of loan amortization calculation

• US 5,058,009 A
• Filed: 03/09/1989
• Issued: 10/15/1991
• Est. Priority Date: 03/15/1988
• Status: Expired due to Term

• Current Assignee: Casio Computer Company Limited
• Original Assignee: Casio Computer Company Limited
• Inventors: Yoshino, Hiroyuki, Tomidokoro, Yoshinori
• Primary Examiner(s): HAYES, GAIL O
• Application Number:
  US07/321,975
• Time in Patent Office: 950 Days
• Field of Search: 364/401, 364/408, 364/918, 364/225
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

A financial calculator executes calculations on amortization of a loan, and depreciation, and calculation results are displayed on a display unit as a graphic representation in view of time lapses. To confirm the calculation results, the resultant values are displayed and also the portions of the displayed graph corresponding to the resultant values are displayed in a specific form by which meanings of these calculated values can be efficiently grasped.

Claims

1. A financial calculator having a dot matrix-type liquid-crystal display means, comprising:

first key input means for entering financial data including principal data, interest data and number of payments data related to calculation of amortization of a loan;

memory means for storing said financial data input through said first key input means;

calculation means for performing calculation of amortization of a loan by calculating an amount of each payment on the basis of said financial data stored in said memory means;

graph forming means for plotting on said display means the amount of each payment and the interest payment amount included in each payment calculated by said calculation means, wherein the amounts are represented on a vertical axis and time is represented on a horizontal axis;

second key input means for entering numeral data which designates at least one payment;

third key input means for designating an interest information mode;

fourth key input means for designating a principal information mode;

confirmation means including;

means responsive to said third key input means for displaying on said display means a numerical representation and graphical representation o the interest payment amount of the at least one payment designated by said second key input means; and

means responsive to said fourth key input means for displaying on said display means a numerical representation and graphical representation of a principal payment amount of the at least one payment designated by said second key input means; and

judging means for judging whether or not numeral data is entered from said second key input means before said third key input means or said fourth key input means is operated; and

wherein

said confirmation means further includes means for designating a first payment when said judging means judges that there is no numeral data entered from said second input means.

2. The financial calculator of claim 1, wherein said confirmation means further includes:

means for advancing the designation of a payment to the next one when said third key input means or said fourth key input means is further operated after a payment is designated by said designating means.

3. A financial calculator as claimed in claim 1, wherein:

means responsive to said third key input means further includes means for representing a vertical line directed from a plotting point related to the interest payment amount toward the horizontal axis; and

said means responsive to said fourth key input means further includes means for representing a vertical line directed from a plotting point related to the interest payment amount toward a point corresponding to the amount of payment.

4. The financial calculator of claim 3, further comprising:

judging means for judging whether or not numeral data is entered from said second key input means before said third key input means or said fourth key input means is operated; and

wherein

said confirmation means further includes means for designating a first payment when said judging means judges that there is no numeral data entered from said second input means.

5. The financial calculator of claim 4, wherein said confirmation means further includes:

means for advancing the designation of a payment to the next one when said third key input means or said fourth key input means is further operated after a payment is designated by said designating means.

6. The financial calculator of claim 4, further comprising:

fifth key input means for designating a remaining amount of principal; and

wherein

said confirmation means further includes means, in co-operation with said fifth key input means, for displaying a remaining amount of the principal after the designated payment, and for representing vertical lines directed from remaining plotting points after the designated payment toward points corresponding to the amount of payments.

7. The financial calculator of claim 3, wherein:

said second key input means includes means for entering data designating a payment term; and

said confirmation means further includes;

means, in co-operation with said third key input means, for displaying a value of a total amount of interest related to payments designated by the payment term entered from said second key input means, and for representing vertical lines directed from plotting interest points corresponding to the designated payments toward the horizontal axis; and

means, in co-operation with said fourth key input means, for displaying a value of a total amount of principal related to the payments designated by the payment term entered from said second key input means, and for representing vertical lines directed from plotting interest points corresponding to the designated payments toward points corresponding to the amount of payments.

8. The financial calculator of claim 1, further comprising:

fifth key input means for designating a remaining amount of principal; and

wherein

said confirmation means further includes means, in co-operation with said fifth key input means, for displaying a remaining amount of the principal after the designated payment, and for representing vertical lines directed from remaining plotting points after the designated payment toward points corresponding to the amount of payments.