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Loan Pro Lite
for the Palm Computing® Platform
version 1.0
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Loan Pro Lite 1 Infinity So ftworks, Inc.
End User License Agreement
IMPORTANT: THIS IS A LEGAL AGREEMENT BETWEEN YOU (EITHER AN INDIVIDUAL OR AN
ENTITY) AND INFINITY SOFTWORKS, INC. BY USING THIS SOFT W ARE, YOU ACKNOWLEDGE T HAT
YOU HAVE READ THIS LICENSE AGREEMENT, UNDERSTAND IT , AND AGREE TO BE BOUND B Y ITS
TERMS. YOU FURTHER AGREE THAT IT IS THE FULL AND COMPLETE AGREEMENT BETWEEN US,
SUPERSEDING ALL PRIOR WRITTEN OR VERBAL AGREEMENTS OF ANY KIND. IF YOU DO NOT
UNDERSTAND OR DO NOT AGREE TO T HE TERMS OF THIS AGREEMENT, YOU MUST CEASE USING
THIS PRODUCT IMMEDIATELY AND PROMPTLY RETURN ALL MATERIALS (INCLUDING DISK(S)
AND WRITTEN MATERIALS) TO I N FI NITY SOFTWORKS, INC.
Infinity Softworks, Inc., Software License Agreement
1. GRANT OF LICENSE. This License Agreement permits you to use one copy of the enclosed Infinity
Softworks, Inc., software program (the "SOFTWARE") on a single computer. The SOFTWARE is in "use" on
a computer when it is loaded into temporary memory (i.e. RAM) or installed into permanent memory (e.g. hard
disk, CD-ROM, or other storage device) of that computer. However, installation on a network server for the
sole purpose of internal distribution shall not constitute "use" for which a separate license is required, provided
you have a separate license for each computer to which the SOFTWARE is distributed.
2. COPYRIGHT. The SOFTWARE is owned by Infinity Softworks, Inc., or its suppliers and is protected by
United States copyright laws and international treaty provisions. Therefore, you must treat the SOFT WARE
like any other copyrighted material (e.g. a book or musical recording) except that you may either (a) make one
copy of the SOFTWARE solely for backup or archival purposes, or (b) transfer the SOFTWARE to a single
hard disk provided you keep the original solely for backup or archival purposes. You may not cop y the written
materials accompanying the SOFTWARE.
3. OTHER RESTRI CT IONS. You may no t re nt or lease the SO FT W ARE, b ut yo u ma y tr a nsfer the SOFTWARE
and accompanying written materials on a permanent basis provided you retain no copies and the recipient
agrees to the terms of this Agreement. You may not reverse engineer, decompile, or disassemble the
SOFTWARE. If the SOFTWARE is an update or has been updated, any transfer must include the most recent
update and all prior versions.
4. DUAL MEDIA SOFTWARE. If the SOFTWARE package contains multiple media such as 3 .5" disks and CDROM disks, then you may use only the disks of the media appropriate for your single-user computer. You may
not use the disks of the other media on another computer or loan, rent, lease, or transfer them to another user
except as part of the permanent transfer (as provided above) of all SOFTWARE and written materials.
Limited Warranty
LIMITED WARRANTY. This program is provided "as is" without any warranty of any kind, either expressed or
implied, including, but not limited to, the implied warranties of merchantability and fitness for a particular p urpose.
The entire risk as to the quality and performance of the SOFTWARE is with you, the licensee. Should the
SOFTWARE prove defective, you assume the risk and liability for the entire cost of all necessar y repair, service, or
correction. Some states/jurisdictions do not allow the exclusion of implied warranties, so the above excl usion may
not apply to you. This warrant y gives you specific l egal rights, and you may have other rights which vary from
state/jurisdiction to state/jurisdiction.
Infinity Softworks, Inc., does not warranty the functions contained in the SOFTWARE will meet you require ments,
or that the operation of the SOFTWARE will be error-free or uninterrupted. Infinity Softworks, Inc., does warrant
that the disk(s) on which the program is furnished shall be free from defects in materials and workmanship for a
period of thirty (30) days from the date of purchase, so long as proof of purchase is provided.
CUSTOMER REMEDIES. Infinity Softworks' and its suppliers' entire liability and your exclusive remedy shall be,
at Infinity Softworks' option, either (a) return of the price paid, or (b) repair or replacement of the SOFTWARE that
does not meet Infinity Softworks' Limited Warranty and which is returned to Infinity Softworks with proof of
End User License Agreement
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Loan Pro Lite 2 Infinity So ftworks, Inc.
purchase. This Limited Warranty is void if failure of the SOFTWARE has resulted from accident, abuse, or
misapplication. Any replacement SOFTWARE will be warranted for the remainder of the original warranty period
or thirty (30) days, whichever is longer. Neither these remedies nor any product support services are available
outside the United States without proof of purchase from an authorized non-U.S. source.
NO OTHER WARRANTIES. To the maximum extent permitted by applicable law, Infinity Soft works, Inc., and its
suppliers disclaim all other warranties, either express or implied, includin g, but not limited to, implied warranties of
merchantability and fitness for a particular purpose, with regard to the SOFTWARE, the accompanying written
materials, and any accompanying hardware. This limited warranty gives you specific legal rights. You may have
others which vary from state/jurisdiction to state/jurisdiction.
NO LIABILITY FOR CONSEQUENTIAL DAMAGES. To the maximum extent per mitted by applicable law, in
no event shall Infinity Softworks, Inc. or its suppliers be liable for any damages whatsoever (including, without
limitation, damages for loss of business profits, business interruption, loss of business information, or any other
pecuniary loss) arising out of the use or inability to use this Infinity Softworks, Inc., product, even if Infinity
Softworks has been advised of the possibility of such damages or for any claim by any other party. Because some
states/jurisdictions do not allow the exclusion or li mitation of liability for consequential o r incidental damages, t he
above limitation may not apply to you.
U.S. Government Restricted Rights
The SOFTWARE and documentation are subject to export controls under the United States Export Administration
Act, as amended, which Act prohibits exports of certain commodities and technical data, including software, to
specified countries. In particular, the SOFTWARE may not be exported to Cuba, Iran, Iraq, Libya, North Korea,
Sudan, or Syria. You hereby certify that neither the SOFTWARE nor the docume ntation will be transmitted or
forwarded outside of your country.
If you acquire this product in the United States, this Agreement is governed by the laws of the State of Oregon.
Should you ha ve any questio ns concerni ng this Agree ment, or if you desire to co ntact Infinit y Softworks, I nc., for
any reason, you may write to Infinity Softworks, Inc., 1315 NW 185th Ave., PMB 180, Beaverton, Oregon 97006.
End User License Agreement
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Loan Pro Lite 3 Infinity So ftworks, Inc.
Table of Contents
End User License Agreement................................................................................................................1
Table of Contents....................................................................................................................................3
Loan Pro Lite
How Did I Get Loan Pro Lite?.............................................................................................................................4
The Display..........................................................................................................................................................4
Number Range.....................................................................................................................................................4
Canceling Calculations.........................................................................................................................................4
Overview..........................................................................................................................4
Main Screen ............................................................................................................................................5
The Screen ...........................................................................................................................................................5
Entering and Calculating Data.............................................................................................................................5
The Variables.......................................................................................................................................................5
Input Screen............................................................................................................................................7
The Screen ...........................................................................................................................................................7
Accessing the Input Screen..................................................................................................................................7
Exiting the Input Screen.......................................................................................................................................8
Using Graffiti.......................................................................................................................................................8
Example...................................................................................................................................................9
Home Mortgage ...................................................................................................................................................9
Additional Information........................................................................................................................10
Contacting Infinity Softworks............................................................................................................................10
Legal ..................................................................................................................................................................10
Copyrights..........................................................................................................................................................10
Table of Contents
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Loan Pro Lite 4 Infinity So ftworks, Inc.
Loan Pro Lite Overview
Developed by the makers of the Palm™ connected organizer’s number one financial calculator,
Loan Pro Lite makes computing loans and mortgages simple. Its easy interface eliminates the
need to remember cryptic methods of storing, recalling and analyzing data, giving its user an
advanced loan calculator in the palm of the hand.
How Did I Get Loan Pro Lite?
At the end of the trial time for Loan Pro, Loan Pro Lite becomes available. This calculator
allows for simple loan calculations with no time limit. If more advanced calculations are needed,
visit www.infinitysw.com/supra.
The Display
Loan Pro Lite consists of two screens. The Main screen allows for data entry and computation
and the Input screen is used to enter data and move information between applications.
Number Range
Loan Pro Lite allows for entry of numbers up to 12 digits (0 to 999,999,999,999). Both the Main
and Input screens will display numbers this large. Numbers larger than this will be displayed in
scientific notation (i.e., 1.234e13).
Canceling Calculations
Some calculations take time to calculate. If the calculation will take more than one second to
calculate, Loan Pro Lite displays a “Calculating…” indicator on the screen. W hile this i ndicator
is displayed, the calculation can be cancelled by tapping the Power button located on the front of
your Palm connected organizer. For Loan Pro Lite, the “Calculating…” indicator will appear for
interest calculations.
Loan Pro Lite Overview
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Main Screen
Loan Pro Lite’s Main screen displays all variables and calculations at the same time for easy
analysis.
The Screen
The Main screen consists of a data area, on e button at the bottom
of the screen, and access to additional functions via the menu.
The data area consists of three columns, from left to right across
the screen:
• Variable Label: the data item’s name.
• Variable Amount: the amount associated with the data item.
• Compute Indicator: shows “CPT” if the variable can be calculated.
At the bottom of the screen is the clear button. Tapping this button will reset the display to its
default values.
Loan Pro Lite’s Main screen also has a menu. To access the menu, tap the menu button to the
left of the Graffiti input area. There are three menu items:
• Loan Help: online help for Loan Pro Lite’s Main screen.
• About Loan Pro Lite: information about Loan Pro Lite and Infinity Softworks.
• Updates: information about registering your Loan Pro Lite product at
www.infinitysw.com/supra.
• Other Products: information about Infinity Softworks’ other products.
Entering and Calculating Data
Loan Pro Lite uses a numeric Input screen to enter variable amounts. Tapping on the variable’s
label or amount displays the Input screen. Read the section on the Input screen for more
information. An amount can be entered for any of the variables.
The variables that can be calculated all have the indicator “CP T” (compute) alon g the right-hand
side of the screen. Tapping the variable’s compute indicator tells Loan Pro Lite to calculate that
variable.
The Variables
There are 5 variables, all of which can be calculated. All numbers should be entered as positive.
• Price: the product price or loan amount.
Main Screen
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• Down%: the down payment made for the product, entered as a percentage. This is not
necessary if the price is the loan amount. This should be entered as a percentage (8.5%
should be entered as “8.5”).
• Payment: the amount paid each month for the loan.
• Int Rate%: the loan’s interest rate. This should be entered as a percentage (8.5% should be
entered as “8.5”).
• Loan Years: the number of years for the loan. Partial years can be entered as a fraction. For
instance, a three and a half year loan should be entered as “3.5”. Loan Pro Lite will compute
loans up to 50 years.
Main Screen
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Input Screen
Loan Pro’s Input screen is used to enter data, perform
calculations, and move amounts to other applications.
The Screen
The screen is similar to a calculator’s keypad. The following
have similar functionality:
• 0 – 9
• Decimal Point
• Backspace (<--): backs up one digit at a time. This works for numbers that are currently
being entered, not for numbers recalled from the Main, Amortization or Summary screens.
• CE/C: the first tap clears the current number in the display, the second tap clears the current
calculation.
• +/– (sign): converts between positive number and negative number.
• Math (+, –, x, ÷, =): performs standard mathematical functions.
• Mem: Loan Pro offers a single memory location, which can be accessed from the mem
button. To store the current number to memory, choose M+ (note the Memory indicator in
the view window). To recall the number stored in memory, select MR. To clear the memor y
location, choose MC. If you store a value to memory without clearing it first, you will add
the number in the view window to the number stored in memory. For instance, with 30
stored in memory and 5 showing in the view window, selecting M+ will change the value in
memory to 35.
Finally, there are two sets of menus in the Input screen: the Edit and Options menus. To access a
menu, tap the menu icon to the left of the Graffiti input area. The Edit menu consists of three
items:
• Copy: copies the currently displayed number to the system clipboard. Use this to move data
to other applications, such as Infinity Softworks powerOne™ line of calculators. This copies
the entire number, not just the displayed decimal places.
• Paste: pastes the current item in the system clipboard to the Input screen’s display.
• Graffiti Help: displays help on drawing Graffiti characters.
The Options menu also contains three items:
• Input Help: online help for Loan Pro Lite’s Input screen.
• Keystroke Help: online help for using Graffiti to enter numbers.
• About Loan Pro Lite: information about Loan Pro Lite and Infinity Softworks.
Accessing the Input Screen
The Input screen is accessed by tapping a variable label or variable amount in the Main screen.
Input Screen
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Exiting the Input Screen
There are two buttons available for exiting the Input screen:
• Save: tapping this button in the top, right corner of the Input screen saves the data enter ed for
the current variable.
• Cancel: throws away changes made in the Input screen. This is the default button. In other
words, if changes are being made in the Input screen and your Palm Computing device is
switched to a different application, the new information will be thrown out.
Using Graffiti
Loan Pro Lite supports Graffiti input. Online help is available for both drawing and r ecognizing
certain Graffiti strokes. See Graffiti Help under the Edit Menu for more information on
drawing each character. Keystroke Help under the Options Menu contains information
pertaining to keystrokes and their representative buttons. The following is a list of ke ystrokes
and their corresponding buttons:
Character
0Zero
1 One c C/CE
2Two+ Add
3 Three – Subtract
4 Four x Multiply
5 Five / Divide
6 Six = Equals
7 Seven m Memory Clear
8 Eight r
9 Nine s Memory Store
. ,
For more help on the difference between Graffiti and menu shortcuts, see your Palm Computing
Device User's Guide.
Function
Character Function
<back>
<space>
Decimal
Pt p Sign
Backspace
Memory
Recall
Input Screen
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Example
Home Mortgage
Problem: A client wants to buy a $200,000 home with 35% down
and 7% interest. The loan is for 30 years. What is the monthly
payment?
Solution: Tap the variable’s label or amount to enter information
into the Input screen. The following should be entered:
Location Entry Comments
Clear… Clear the display before starting
Price 200000 The home’s price is $200,000
Down% 35 The client can put 35% down
Int Rate 7 The yearly interest rate is 7.0%
Loan Years 30 The loan is for 30 years
The payment timing and interest compounding are assumed to be 12. When completed, calculate
payment by tapping the “CPT” label to the right of the payment amount. The answer should be
$864.89 per month.
Examples
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Additional Information
Contacting Infinity Softworks
Web www.infinitysw.com/supra
support@infinitysw.com
Mail 1315 NW 185th Avenue, PMB 180 Beaverton, Oregon 97006
Legal
Infinity Softworks, Inc., makes no warranty, either expressed or implied, including but not
limited to any implied warranties of merchantability and fitness for a particular purpose,
regarding any programs or book materials and makes such materials available solely on an "asis" basis.
In no event shall Infinity Softworks, Inc., be liable to anyone for special, collateral, incidental, or
consequential damages in connection with or arising out of the purchase or use of these
materials, and the sole and exclusive liability of Infinity Softworks, Inc., regardless of the form
of action, shall not exceed the purchase price of this application. Moreover, Infinity Softworks,
Inc., shall not be liable for any claim of any kind whatsoever against the use of these materials by
any other party.
Copyrights
Loan Pro Lite is copyright 1999-2001 by Infinity Softworks, Inc. All rights reserved. Palm,
Palm Computing, PalmPilot, Graffiti, and HotSync are property of Palm Computing, Inc.
Additional Information
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