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Old 01-09-2004, 12:09 AM
Cal Learner-- MVP
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Default Re: wrong calculations in money 2004

In microsoft.public.money, <anonymous[at]discussions.microsoft.comwrote:

- quote -

> how much is 5000 (shares) x 13 (dollars per share)?
> money 2004 says it is 650. it should be 65000.


You set up the security as a bond when you should have set it up as
a stock or mutual fund. Note that a bond fund is a mutual fund.
Define a different security of the correct type and change your Buy
to that security.

Bonds are priced as a percent of par/face. You told Money you bought
$5000 face value in bonds priced at 13%.


  #1  
Old 01-09-2004, 12:03 AM
Dick Watson
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Default Re: wrong calculations in money 2004

Either that or he created a bond investment and does not understand how
Money prices these.

"Norm" <nsepp[at]shaw.ca> wrote in message
news:VZlLb.28458$JQ1.19726[at]pd7tw1no...
- quote -

> You entered 13 cents instead of dollars.
> anonymous[at]discussions.microsoft.com wrote:
> > how much is 5000 (shares) x 13 (dollars per share)?
> > money 2004 says it is 650. it should be 65000.
> > > i tried deleting and entering the portfolio entry 3 times

> > but got the same wrong result, it wants to charge most of
> > it to commision which it isnt and i didnt enter it as
> > such. no typing errors either.
> > > i tried rebooting the program and the pc. nope!



 
Old 01-08-2004, 10:47 PM
Norm
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Default Re: wrong calculations in money 2004

You entered 13 cents instead of dollars.

Norm




anonymous[at]discussions.microsoft.com wrote:
- quote -

> how much is 5000 (shares) x 13 (dollars per share)?
> money 2004 says it is 650. it should be 65000.
> i tried deleting and entering the portfolio entry 3 times
> but got the same wrong result, it wants to charge most of
> it to commision which it isnt and i didnt enter it as
> such. no typing errors either.
> i tried rebooting the program and the pc. nope!



  #-1  
Old 01-08-2004, 10:26 PM
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Posts: n/a
Default wrong calculations in money 2004




how much is 5000 (shares) x 13 (dollars per share)?
money 2004 says it is 650. it should be 65000.

i tried deleting and entering the portfolio entry 3 times
but got the same wrong result, it wants to charge most of
it to commision which it isnt and i didnt enter it as
such. no typing errors either.

i tried rebooting the program and the pc. nope!
 

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2004, calculations, money, wrong
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