Patent ID: 8010431
Filing Date: 2011-08-30
Classification: G06Q

Abstract:
1. A method for controlling a computer to price a vessel transaction utilizing a capital construction fund (CCF), the method comprising: a) retrieving input from a user regarding the vessel transaction including financing information and a projected investment rate of the CCF; b) adding amounts for each of a determined number of years to a CCF Capital Account; c) adding calculated income on the Capital Account to an Income Account; d) adding calculated income on the Income Account to the Income Account; e) subtracting a value based on each principal payment from the Capital Account until the balance of the Capital Account is a first predetermined amount; f) subtracting the value of remaining principal payments after the Capital Account is the first predetermined amount from the Income Account; i) calculating via a processor the number of years and amount each year to add to the Capital Account to enable the desired amount from a final desired principal payment for the financing of the vessel to be withdrawn from the Income Account such that the balance of the Income Account is a second predetermined amount, and j) displaying the number of years and amount each year to add to the Capital Account calculated in the calculation step.