# FINANCIA - FW550.ZIP - FINWIZ.DOC

FINANCIAL WIZARD (TM)

Version 5.5 Copyright (C) 1989-1993

SILVASOFT SOFTWARE, INC.

P.O. BOX 3401

Kingsport, TN. 37664

Financial Wizard is a program designed to help you get better control

of investment and loan analysis. It contains dozens of very powerful,

yet simple to use financial tools; a notepad, pop-up calculator,

calendar, and short-cut keys makes solving and analyzing most financial

problems a snap. Financial Wizard can solve most standard financial

calculations for future and present value, interest rate, amortization

and growth, depreciation, tax-free vs non-tax free yields, T-Bill

analysis, calendar and date calculations by simply inputing 2 or 3

options. Above all, Financial Wizard is very easy to use. Although you

are encouraged to read through this complete manual to become familiar

with all the options the program offers, the very intuitive nature of

Financial Wizard, with full mouse support and descriptive input screens

should make most users very confident in using the program within

minutes. Please remember that Financial Wizard is being distributed as

a SHAREWARE program. You are encouraged to test drive the program and

pass on copies to friends, upload to BBS's, etc. If you continue to use

the software after a 30 day trail period you should register your copy.

Please see additional information regarding SHAREWARE and Financial

Wizard registration at the end of this manual.

SilvaSoft holds all Copyrights to the Financial Wizard software series.

The distribution of this software whether by floppy disk, electronic

means or other must include both the executable program, "FINWIZ.EXE"

and this manual "FINWIZ.DOC". Registered users are offered many

benefits such as a free upgrade to next major release of program, phone

support, priority notification on future upgrades with option to

automatically have all future upgrades sent to you when available, etc.

Several major enhancements exist in your free upgrade to version 6.0 of

Financial Wizard. Retirement Planning, Investment Adjustments for

inflation, enhanced Savings and Withdrawal calculations, etc. Your

registration and support of this program will assure you future

upgrades and will allow Financial Wizard to continue to be enhanced

with new features.

==== GETTING STARTED ====

To start Financial Wizard type FINWIZ at the drive and directory

containing the program. Other options for loading the program may exist

depending on how your computer is configured, whether you use menu

software, etc. Financial Wizard is optimized for a color monitor and

will automatically configure itself for color. The program will work on

a 100% IBM compatible monochrome card.

If you are using a monochrome video card or Hercules monographics video

card you should load Financial Wizard with the "M" command line

parameter to configure the program for a monochrome display. Many non-

color laptops may also prefer to load Financial Wizard in Monochrome

mode.

FINWIZ M

*** Amortization Schedule Plus ***

The Amortization Schedule Plus is a very flexible financial planning

tool which can be used for both loans and investment analysis. If you

are just starting to work with Financial Wizard you may wish to try

some of the other options before mastering this section. You need only

enter information for any three of the four '*' options listed. The

Amortization program will automatically calculate for the unknown

value. If you choose to enter information for all four items, Financial

Wizard will calculate for time. (i.e. Number of Periods).

=== Example #1 -Home Loan

(Enter - 100000 for Principal, 10 for Interest Rate, 360 for Number of

Periods. M for payments are monthly) Note : The $100,000 home loan is

entered without using "$" or ",". Payment was left blank which

Financial Wizard automatically calculated to be $877.57, representing

the monthly principal and interest payment for the loan. A complete

amortization schedule is produced . Each months payment is broken down

by period, current principal, current interest, cumulative interest,

and unpaid principal. Using the HOME, END, Page Up, Page Down, Up Arrow

and Down Arrow Keys as well as the mouse on the selection scroll bar on

the right, we can quickly move around to any section in the

amortization table. The "ESC" key is a universal exit key for all

sections and all pop-up options in Financial Wizard. It will always

move you back to the previous selection. At the bottom of the

amortization table are function key selections F1-F6. If you would

like the amortization table to display periods in "month-year" format

rather that numerical periods (or "Year" format if only making 1

payment per year), then hit function key "F2" to pop-up the calendar.

Select day "15" of any Month/Year on the calendar to change format. The

calendar Month/Year combination you select will automatically start at

the first period from your selection. Additional information on

calendar options are covered in the calendar section of this manual.

Select day "1" of any Year/Month to return to numeric period count.

Your hardcopy reports will automatically print showing whichever period

format you have selected. Printing the schedule is available by

selecting the "F5" key to print. The default printer is assumed to be

"LPT1:". If you wish to have the amortization schedule printed on

either "LPT2:", "LPT3:" or "LPT4:", then you must load Financial Wizard

with a 2,3, or 4 parameter command to specify which printer you want

Financial Wizard to use. Example:

FINWIZ 2 <---- Sends output to Line Printer 2

FINWIZ 3 <---- Sends output to Line Printer 3

If your printer is unable to print for whatever reason, Financial

Wizard ignores your print request and you must try again after you have

corrected the problem with the printer. Up to five lines for a title

can be automatically placed on both the printed and filed amortization

schedule reports. To enter titles on your reports hit "F4" to select

the title window editor. The Editor used the same commands as the pop-

up notepad. If a file called "FWTITLE.FW" exists in the directory from

which Financial Wizard was loaded, then that file is automatically

loaded into the Title Editor. This allows you to produce reports that

have standard titles for company information, etc. You will still have

the option to customize any section of the Title screen while in the

Editor. Information in the title lines editor is retained for as long

as you continue the Financial Wizard session.

"F6" File, allows you to save copies of your amortization reports to a

file. The reports are save in the directory in which Financial Wizard

was loaded from. The default file name for saving is "FWAMORTZ.FW". You

may overwrite this name with other file names when saving your reports.

The files can then be loaded into other programs such as word

processors, etc.

=== Example 2 - Home Loan with Accelerated Payments

(Enter - 100000 for Principal, 10 for Interest Rate, 360 for Number of

Periods, M for payments made monthly, 1000 for Payment) From Example

#1, we know that our monthly payments for principal and interest would

be $877.57. We will run the same analysis but this time we will

accelerate the pay off date by paying $1000/month. The program will

ignore the value of 360 in number of periods, and will automatically

calculate the new time period. ( We could have left Number of Periods

blank). The amortization schedule will show that the loan will be paid

off in 216 months rather than 360 months. The total interest collected

on the 216 month loan will be $115,906.50 vs $215,929.80 for the 360

month loan. This example does show that a small difference in

accelerated payments, can make a very large difference in interest

costs. Of course, you would need to factor in tax mortgage deduction

benefits, plus the investment future value of the extra principal

payments to determine if accelerated payments are your best option. (As

you work with Financial Wizard, you will quickly see that it will

assist you in making those types of decisions.)

We have seen some of the loan capabilities that the Amortization

Schedule has. Now lets see why we added a Plus to the name. One very

unique feature of Financial Wizards' Amortization Schedule Plus is that

it allows you to perform investment growth analysis. Lets say that we

wish to start investing in an IRA. We will add $2000 per year for 30

years. We estimate that this IRA will return a 10% growth rate per

year. What is the estimated value of this investment after 30 years of

payments.

=== Example #3, IRA Growth Beginning of Period

(Enter: .0001 for Principal, 10 for Interest Rate, 30 for Number of

Years, Y for yearly payment, -2000 for Payment.) This example brings 2

new concepts to the Amortization Schedule Plus section in Financial

Wizard. A very small number (.0001) for Principal, and a negative

number (-2000) for payment. We have not previously made any deposits

so our principal is 0. The program will not allow you to enter 0 for

the principal so we trick it by entering a very small number. In this

example .0001 is 1/100th of 1 cent. We enter 10 for the yearly interest

rate and 30 for the number of periods. (We are making 1 payment per

year for 30 years.) Since we are depositing $2000 per year into a

growth investment rather than making a loan payment we place a minus in

front of the payment amount. Negative amounts entered for payments

automatically are considered amounts which you are adding to your

personal savings per period, and not loan payments.

The principal will increase, showing the growth of the investment.

Immediately after we make payment 30 the value of the investment will

be $328,988. You can track the value of the investment at any period in

time by looking at the report that is produced. This example assumes a

fixed interest rate of 10% and that all payments are made exactly one

year apart. The real world does not work this way. The point is that

it is very easy to run any of these examples and make corrections as

the situation changes. Financial Wizard is a tool. It will assist you

to better understand financial situations so that you can make informed

decisions for loans and investments.

In the example above the result for the period is shown immediately

after a payment is made. We have made our 30th payment and would expect

to have an IRA account valued at $328,988. What if we wanted to know

the value of the IRA at the end of 30 years rather than the beginning?

=== Example #4 IRA Growth End of Period

(Enter: .0001 for Principal, 10 for Interest Rate, 31 for Number of

Periods, Y for yearly payment, -2000 for payment) All we need to do is

add one additional period amount, 31 rather than 30. We would then look

at the number for the period we are interested in plus 1. (31 if we are

interested in 30, 16 if we are interested in 15). From the amount

listed for unpaid principal we would subtract 1 payment amount.

Period 31 = $363886.80 - $2000 = $361,886.80

The value of our IRA at the end of 30 years would be $361,886.91 (Note:

The Future Investment Value (Equal Payments) section of the program,

calculates this for you automatically.)

=== Example #5 Growth Investment starting with Principal

(Enter: 50000 for Principal, 10 for Interest Rate, 30 for Number of

Periods,Y for yearly payment, -2000 for Payment) Lets assume we have an

investment with a value of $50,000. We will be adding to that

investment $2000 per year for 30 years. What will the investment be

worth after you make your 30th, $2000 payment. (The investment is

expected to grow at 10% per year.) A complete report showing growth for

all year is produced. The investment would be worth $1,201,459. The

program makes the following assumptions: The principal amount is

compounded for the entire period. The value for the principal is shown

immediately after a payment is made for that period. In the example

this means that:

Period Current Interest Principal

1 5000 57000

2 5700 64700

3 6470 73170

...

For Period 1 we have $5,000 in interest. This represents 10% of

$50,000. The Principal amount is shown based on $50,000 (Original

Principal) + $5,000 (interest) + $2,000 (Payment) = $57,000. For Period

2 we have $57,000 + compounded interest rate of 10% = $5,700 (interest)

+$2,000 (Payment) = $64,700

=== Example #6 - Retirement Planning, Etc.

(Enter: 1000000 for principal, 8.25 for interest rate, 20 for number of

periods,"Y" for Payment is Yearly, 90000 for payment.) Lets assume that

you have accumulated income producing investments worth $1 Million

dollars. You have just retired and have decided that you will be taking

$90,000 per year from your million dollar savings. You will be

removing money from the principal so you enter $90,000 as a positive

number for payment. Your savings is growing at a rate of 8.25% per

year. You would like this amount to last for 20 years. The $90,000

payments are made at the end of each compounding period. Once you

receive your 20th payment you would still have $647,131 remaining in

principal. Taking $90,000 per year from an investment growing at 8.25%

would require 32 years to exhaust the principal. (Your 32 year payment

would be $31,960.22 made up of $29,525.38 principal and $2,435.84

interest payment.)

The examples above cover both loans and investment opportunities. These

are real life problems which we all face in handling our finances. Many

different types of examples could have been shown. It is hoped that

these examples have given you ideas on how to apply this program to

your particular needs.

*** Loan Payment Amount ***

This option will calculate your payment per period on a loan. For

example lets assume that you have just bought a new car and are

financing $11,500 for 48 months with an interest rate of 12.5% per

year. We want to know what our monthly payment will be. (Enter: 11500

for principal, 12.5 for interest, 48 for number of months) Payment for

principal and Interest would be $305.67.

*** Tax-Free vs Non-Tax Free Yield ***

This section will allow you to compare Tax-Free vs Non-Tax Free yields.

As an example lets assume that we are in the 28% Tax bracket and have

been presented with two investment options. One option is a tax free

investment yielding 6.67%. The second investment yields 9% but is

taxable at our marginal tax rate. Which investment offers the better

net yield? (Enter: 9 for Yield, 28 for Marginal Tax Bracket, Y for is

Yield Taxable) The answer, 6.48% non-tax equivalent for a 9% taxable

investment shows that the non-taxed investment of 6.67% is the better

investment since it has a higher yield.

*** Straight Line Depreciation ***

IRS regulations are very specific on which methods must be used for

depreciating business equipment. A business however, is free to use any

number of methods for internal evaluation and other non-tax purposes.

Lets assume a company purchased a $20,000 piece of equipment. After 5

years the equipment is estimated to be worth $3,000. Straight Line

Depreciation would result in $3,400 being depreciated per year for 5

years. (Enter: 20000 for Asset Cost, 3000 for Salvage Value, 5 for

useful life in Years.)

*** Double-Declining Balance Depreciation ***

This method uses an annual depreciation ration equal to double the

straight line ratio. This ratio is then multiplied by the undepreciated

book value for the asset. (Enter: 20000 for asset cost, 5 for Useful

Life, 0 for salvage value) A table is displayed showing the

depreciation over the life of the asset and remaining book value per

year.

*** Sum-Of-the-Years'-Digits Accelerated Depreciation ***

The Sum-Of-the-Years-Digits Accelerated Depreciation assumes an asset

is used more often in the earlier part of its useful life. (Enter:

200000 for Asset Cost, 0 for Salvage Value, 15 for useful life.) A

table is displayed showing the depreciation over the life of the asset

and remaining book value per year.

*** Future Investment Value (Equal Payments) ***

This section will calculate future values for equal payments at the end

of a period. Future investment values for equal payments has been

upgraded from earlier versions of Financial Wizard. You may now input a

starting balance for your investment that is automatically added to the

compounding periods while you continue to make equal payments. This

value may be left as 0, which will allow Financial Wizard to calculate

equal payment future values the way it did with previous version of the

program. (Enter 120000 for Initial Investment, 7 for Annual Interest

Rate,30 for Number of years to compound, 700 for amount added to

investment per period, and M to indicate that the $700 payment per

period is made monthly.) Your future investment for this situation is

calculated as being $1,832,940.95 of this amount $1,460,940.95 is due

to compounded growth from the investment.

*** Future Value One Payment ***

This option allows us to calculate the growth of an investment based on

a single payment over time. Let's assume we have $50,000 which we can

lock into a rate of 9.25% per year for five years. We wish to know what

the value of this investment will be at the end of 5 years. (Enter:

50000 for amount, 9.25 for Interest Rate, 5 for Periods) At the end of

5 years the investment will have a value of $77,817.49.

*** Number of Payment for Future Value ***

Lets assume we have set a goal of saving $50,000. Once a month we will

add $500 to a savings account which is paying 9.25% interest yearly.

How long will it take to reach our savings goal? (Enter: 50000 for

Future Value, 9.25 for Yearly interest rate, 500 for Payment, M for

amount added monthly.) It will take 74.4 months to reach our goal of

saving $50,000.

*** Interest Rate for Future Value ***

We wish to have $40,000 grow to $50,000 within 2.5 years. What interest

rate will that require ? (Enter: 50000 for future Value, 40000 for

Present Value, 2.5 for number of years) Required interest rate would be

9.3362%

*** Time Periods for future value ***

We have $40,000 which is earning 10% per year in an investment. We

would like to know how long it will take before this investment will be

worth $50,000. (Enter: 50000 for Future Value, 40000 for Present Value,

10 for interest Rate.) It will take 2.34 years.

*** Present Investment Value (Equal Payments) ***

Present value calculations allow us to consider the time value of money

when comparing investment opportunities. Lets assume we were offered an

investment which would pay $1050 after 1 year if we invest $1000 today.

We also know we could purchase a 1 year CD from a bank yielding 7.5%,

which in turn would turn your $1000 investment into $1,075 dollars

after 1 year. In this simple example we can easily see that the bank CD

is a better investment. To calculate the value of an investment we

discount the interest rate growth component. If we know at the end of

1 year that our investment will be worth $1050 and that a discount rate

of 7.5% exists, then to calculate the present value for that investment

do the following: (Enter: 1050 for payment, 7.5 for Discount rate, 1

for Number of Periods). The present value for the $1050 yield

investment is $976.74. Since we need to spend $1000 to get this

investment, but the present value for the investment is less than

$1,000, we can conclude that we have a better investment option by

going with the bank CD.

The last example was very obvious as to which investment is preferred.

Let's say that you are promised 5 annual payments of $25,000 per year

for a total of $125,000. You also know that you can get 11% return on

your money with another investment (Discount rate 11%). What is the

present value for this investment? (Enter: 25000 for Payment, 11 for

Discount Rate, 5 for number of periods).

The present value for this investment is $92,397.42. This is the

highest amount of money you should consider investing to get the

promised return of $25,000 per year for 5 years. We assume that the

first payment will be made after one year (end of period). If the first

payment is made immediately, where you do not need to wait 1 year, then

its present value is $102,561.14.

*** Present Investment Value (One Payment) ***

You are presented with an investment opportunity which promises to pay

$100,000 after 5 years if you invest $65,000 today. You can earn 10%

per year with another investment. Should you go with this investment

assuming both investments carry the same risk level? (Enter: 100000 for

Payment, 10 for Discount Rate, 5 for Number of years) The present value

for this investment is $62,092.12. You would be overpaying on this

investment by nearly $3000.

*** Present Investment Value (Perpetuities) ***

The perpetuities calculation for present value is used to determine

what amount of money is required to generate a perpetual fixed income

at a fixed interest rate. (Enter: 60000 for Payment per year, 8 for

discount rate) $750,000.00 would be the present value for this

perpetuity. We never touch any of the principal amount of our savings

on a perpetuity. Payments in "theory" will last forever.

*** Stock Dividend Yield Percent ***

The dividend yield of a stock is calculated by taking the total

dividend a stock has paid over a year, divided by the market price for

a share of the stock. Dividends represent an investment return which

can be compared with other investment opportunities. They should not be

the only consideration in evaluating a stock but have significant

impact when investing for income. (Enter 2.00 for the dividend,This

stock paid $2.00 in dividends over the last year, enter 39.30 for Price

of Stock.) The dividend yield for this stock would be 5.089%

*** Stock Discount Rate ***

The discount rate for a stocks paying dividends can be calculated

by using the formula : Discount Rate = (Dividends/Price of Stock) +

Growth of Dividends. Lets assume that a company pays a $5 per year

dividend on a stock selling for $50 per share. The dividend from this

company has been increasing at 10% per year. The discount rate for this

investment would be 20%. By rearranging the equation above we can

devise a Stock value per share formula for stock investments which only

consider dividend payments, discount rates, and historical dividend

growth rates.

*** Stock Value per Share ***

Value of Shares = Dividends/(Discount Rate - Growth of Dividends) By

carefully studying the stability of Dividend payments, the historical

growth rate, as well as risks associated with a stock, investors can

help determine the value of a stock. A stock paying $5.00 in dividends,

growing at 10%, and having an assigned discount rate of 20% is worth

$50.00. (Enter: 5 for Dividend, 20 for Discount Rate, 10 for growth of

dividends)

*** Treasury bill Earnings ***

Treasury bills are sold at discount from face value. The minimum

denomination is $10,000. Bills are issued in maturities of 13, 26, or

52 weeks. The face value of the bill is payable at maturity. (Enter

10000 for face value of bill, 7.5 for discount rate, 180 for number of

days since issue date) The earnings of this treasury bill would be

$375.00. The formula used to calculate treasury bill earnings is shown:

Earnings = (Discount Rate * Face Value) * (Days till Maturity/360)

NOTE: Treasury Bills use a 360 day per year calendar.

*** Treasury Bill Investment Rate ***

The treasury investment rate is similar to calculating an investments

annualized effective yield. (Enter 10000 for face value of bill, 9500

for purchase cost, 180 for number of days till maturity) The annual

investment rate would be returned as 10.672%. This value allows you to

compare the T. Bill return with other investments on an annualized

return rate.

*** Days between two dates ***

This feature uses a pop-up calendar to allow you to select dates. Use

the enter key to select whichever date you are on for both starting and

ending dates. Page Up, Page Down, Ctrl-Page Up, Ctrl-Page Down, Up

Arrow, Down Arrow, Left & Right Arrow, Home and End Key as well as a

mouse can call be used to quickly navigate through the calendar. Using

the calendar for starting date select May 5, 1958 and hit enter. Next

select 11-11-1990 for the ending date. Total number of days between

these two dates is 11,878.

*** Date Addition or subtraction ***

Select your starting date using the same procedure outlined above in

the Days between two dates section. When you are prompted to enter days

to add or subtract enter a positive or negative number of days.

(Enter: 11-11-1990 for starting date, 180 for number of days to add.)

The program will respond with a calendar showing 05-10-1991 as the

highlighted date.

*** Calendar ***

The calendar can be controlled by using the following keys: Page Up,

Page Down, Ctrl-Page Up, Ctrl-Page Down, Up Arrow, Down Arrow, Left &

Right Arrow, Home and End Key as well as a mouse. The use of these keys

becomes obvious when you test them while in the calendar or in one of

the programs used by Financial Wizard that use calendar functions.

*** Calculator ***

This is a standard 4 function calculator. Hit (H) key for help. The

calculator supports 10 memory save and restore options. Values in the

calculator can automatically be posted to Financial Wizard input fields

by using the ALT-F (Automatic Feed Option). In some instances the

automatic feed will not work if the calculator determines that it can

not accurately represent the number to copy to your input field. This

should only occur if too many decimal places are involved in a

calculation. Another feature of the calculator is the ability to

reposition itself on your screen by holding down the Ctrl key and

either the Left or right arrow key. (CTRL-Left or CTRL-Right). Using

the memory store and recall feature of the calculator, you may be able

to save time by not needing to rekey the same number in different

section of Financial Wizard.

*** Notepad ***

The notepad allows you to keep notes on the program outputs, etc. It is

a freeform text editor and supports automatic word wrap. Up to 50 lines

of text may be entered in the Notepad. All entered information is

always available during the Financial Wizard session. Page-Up, Page-

Down, Home, end, up arrow, Down Arrow Key, etc. are all supported

within the Notepad. CTRL-Y will automatically erase the entire line

that you are on within the Notepad.

**** Financial Wizard Released as SHAREWARE ****

Shareware distribution gives users a chance to try software before

buying it. If you try a Shareware program and continue using it, you

are expected to register. Individual programs differ on details -- some

request registration while others require it, some specify a maximum

trial period. With registration, you get anything from the simple right

to continue using the software to an updated program with printed

manual.

Copyright laws apply to both Shareware and commercial software, and the

copyright holder retains all rights, with a few specific exceptions as

stated below. Shareware authors are accomplished programmers, just like

commercial authors, and the programs are of comparable quality. (In

both cases, there are good programs and bad ones!) The main difference

is in the method of distribution. The author specifically grants the

right to copy and distribute the software, either to all and sundry or

to a specific group. For example, some authors require written

permission before a commercial disk vendor may copy their Shareware.

Shareware is a distribution method, not a type of software. You should

find software that suits your needs and pocketbook, whether it's

commercial or Shareware. The Shareware system makes fitting your needs

easier, because you can try before you buy. And because the overhead is

low, prices are low also. Shareware has the ultimate money-back

guarantee -- if you don't use the product, you don't pay for it.

DISCLAIMER - AGREEMENT

Users of Financial Wizard must accept this disclaimer of warranty:

"Financial Wizard is supplied as is. The author disclaims all

warranties, expressed or implied, including, without limitation,the

warranties of merchantability and of fitness for any purpose.The author

assumes no liability for damages, direct or consequential, which may

result from the use of Financical Wizard."

Financial Wizard is a "shareware program" and is provided at no charge

to the user for evaluation. Feel free to share it with your friends,

but please do not give it away altered or as part of another system.

The essence of "user-supported" software is to provide personal

computer users with quality software without high prices, and yet to

provide incentive for programmers to continue to develop new products.

If you find this program useful and find that you are using Financial

Wizard and continue to use Financial Wizard after a reasonable trial

period, you must make a registration payment of $25 U.S. Funds plus $3

shipping and handling to SilvaSoft. The $3 S&H fee covers your free

upgrade to version 6.0 of Financial Wizard which will be sent to you

immediately. The $25 registration fee will license one copy for use on

any one computer at any one time. You must treat this software just

like a book. An example is that this software may be used by any

number of people and may be freely moved from one computer location to

another, so long as there is no possibility of it being used at one

location while it's being used at another. Just as a book cannot be

read by two different persons at the same time.

Commercial users of Financial Wizard must register and pay for their

copies of Financial Wizard within 30 days of first use or their license

is withdrawn. Site-License arrangements may be made by contacting

SilvaSoft.

Anyone distributing Financial Wizard for any kind of remuneration must

first contact SilvaSoft at the address below for authorization. This

authorization will be automatically granted to distributors recognized

by the (ASP) as adhering to its guidelines for shareware distributors,

and such distributors may begin offering Financial Wizard immediately

(However, SilvaSoft must still be advised so that the distributor can

be kept up-to-date with the latest version of Financial Wizard).

You are encouraged to pass a copy of Financial Wizard along to your

friends for evaluation. Please encourage them to register their copy

if they find that they can use it. All registered users will receive

the upgraded version 6.0 of Financial Wizard with a printed manual.

*** A.S.P. Ombudsman Statement ***

This program is produced by a member of the Association of Shareware

Professionals (ASP). ASP wants to make sure that the shareware

principle works for you. If you are unable to resolve a shareware-

related problem with an ASP member by contacting the member directly,

ASP may be able to help. The ASP Ombudsman can help you resolve a

dispute or problem with an ASP member, but does not provide technical

support for members' products. Please write to the ASP Ombudsman at

545 Grover Road, Muskegon, MI 49442 or send a CompuServe message via

CompuServe Mail to ASP Ombudsman 70007,3536 or FAX 616-788-2765.

Manuel A. Silva

SILVASOFT SOFTWARE, INC.

P.O. BOX 3401

Kingsport, TN. 37664

(615) 247-7551