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Compund Interest
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Platinum Member
posted
Does any body have an example of how they incoporated a compound interest into web focus code?

Thanks

Dan


IBM Main Frame: MVS, FIX, VSAM

Windows SQL

WF 7.7
 
Posts: 147 | Registered: June 24, 2006Report This Post
Virtuoso
posted Hide Post
how would you calculate it in Excel?

can you give more info




Frank

prod: WF 7.6.10 platform Windows,
databases: msSQL2000, msSQL2005, RMS, Oracle, Sybase,IE7
test: WF 7.6.10 on the same platform and databases,IE7

 
Posts: 2387 | Location: Amsterdam, the Netherlands | Registered: December 03, 2006Report This Post
Expert
posted Hide Post
Hi Dan,

Is this the same question with previous topic:
https://forums.informationbuilders.com/eve/forums/a/tpc/...1057331/m/6071091012

If so, please review the info.

Thanks to Frank's suggestion as well. Big Grin

Cheers,

Kerry


Kerry Zhan
Focal Point Moderator
Information Builders, Inc.
 
Posts: 1948 | Location: New York | Registered: November 16, 2004Report This Post
Platinum Member
posted Hide Post
Compound interest is

T=p*(1+i/100)**n

Where P is the starting amount, i is the interest rate per period and n is the number of periods.
 
Posts: 140 | Location: Adelaide South Australia | Registered: October 27, 2006Report This Post
Platinum Member
posted Hide Post
This is the Compound interest equation Im am using.

Amount=P*(1+I/Q)^N*Q

The last post was related to finding a function that did it, since there was no function, I rephrased my question in a new post

Thanks All

Dan Moyer


IBM Main Frame: MVS, FIX, VSAM

Windows SQL

WF 7.7
 
Posts: 147 | Registered: June 24, 2006Report This Post
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