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PRESS RELEASE

Contact:
Richard Gaskin
Fourth World
620 Moulton Avenue, Studio 101
Los Angeles, CA 90031
US: (800) 288-5825
Int'l: (213) 225-3717
Fax: (213) 225-0716
eMail: Ambassador@FourthWorld.com

 

Fourth World Distributes XFin 1.0

A Powerful Collection of Financial Calculation Externals for HyperCard and SuperCard

FOR IMMEDIATE RELEASE

Contact: Richard Gaskin, Fourth World

Ambassador@FourthWorld.com

http://www.FourthWorld.com

______________________________________________________________________________

LOS ANGELES, August 14, 1997 - Fourth World(TM) began shipping XFin 1.0, a collection of 16 powerful XFCNs (external functions) for performing a variety of financial calculations.

The XFin 1.0 externals, published by Stephane Leys and Paul Zahara, provide capabilities previously found only in spreadsheets and specialized business applications. With XFin, developers working with SuperCard, HyperCard, and other popular authoring tools can create an untapped variety of new business tools.

The 16 externals in the XFin 1.0 collection include:

  • FV - calculates the future value of a series of periodic payments such as an annuity, a loan or a lease.
  • PV - calculates the present value of a series of periodic payments such as an annuity, a loan or a lease.
  • PMT - used to calculate loan and lease repayments, or to calculate the amount needed to invest periodically to achieve a particular amount in the future.
  • NPER - calculates the number of periods in a periodic payment stream, such as an annuity, a loan or a lease.
  • RATE - used to calculate the effective interest rate of a series of periodic payments such as an annuity, a loan or a lease.
  • NPV - calculates the net present value of a cashflow stream at the specified discount rate.
  • IRR - calculates the internal rate of return of a series of cashflows.
  • EFFECT - converts nominal interest rates to effective rates.
  • NOMINAL - converts effective interest rates to nominal rates.
  • IPMT - calculates the interest component of a single payment of a periodic payment series.
  • PPMT - calculates the principal component of a single payment of a periodic payment series.
  • CUMPRINC - calculates the cumulative principal paid between two specified payments in a series of payments.
  • CUMIPMT - calculates the cumulative interest paid between two specified payments in a series of payments.
  • NumberFormat - provides a wide variety of options for formatting numeric strings.
  • NumFormatChars - returns the settings of the numbers control panel.
  • StripNumber - converts a formated number into a SuperTalk number with 15 significant digits.

"We're very pleased to have been chosen as the exclusive distributor for this collection," said Richard Gaskin, founder and president of Fourth World. "The combined efforts of business consultant Paul Zahara of Cedar Hill and programmer Stephane Leys have produced a toolkit that can add a tremendous business savvy to developers' applications."

XFin 1.0 is available directly from Fourth World for US$49. XFin 1.0 requires SuperCard 3.0 or higher, or any other program which supports the HyperCard 1.2x XCMD interface.

Product and ordering information can be obtained from Fourth World's web site at:

http://www.fourthworld.com

A functional demo version of the colleciton is available via FTP at:

ftp://ftp.fourthworld.com/SuperCard/Demos/XFin1.0_Demo.sit.hqx

US customers can call toll-free at (800) 288-5825, and international customers can call (213) 225-3717. Fourth World's fax number is (213) 225-0716. Please send email inquiries to <sales@fourthworld.com>.

Fourth World is a Los Angeles-based company dedicated to the development and distribution of multimedia software components. Many of Fourth World's freeware and shareware utilities for HyperCard and SuperCard are available in the appropriate libraries on most commercial online services, and at the Fourth World web site at <http://www.fourthworld.com>.

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