CalcuLEX(TM) Software Number Crunching tools for the Legal Practitioner
Lexicon Graphics introduces the CalcuLEX(TM) line of software, designed for the practising lawyer - Tools that reduce or eliminate drudgery in managing and presenting numbers.
Another simple but indispensible tool for the practising litigator. Canadian law requires mortgage interest to be computed at an annual rate "compounded semi-annually, not in advance" . This poses difficulties for lawyers and accountants in performing mortgage calculations which can be important in real-estate and commercial transactions or in debt collection litigation.
This program allows the user to determine principal, term, and payment for any interest rate with any payment period and compound period, It creates a detailed amortization listing showing all payments, dates, interest and principal portions of each payment and the principal balance after each payment.
Detailed help including legal analysis of the Canadian Law of Interest as it applies to interest rates and interest calculations.
Other CalcuLEX products (Click on name for more information):