February 02, 2007, 11:02 AM
moyer1dlCompund Interest
Does any body have an example of how they incoporated a compound interest into web focus code?
Thanks
Dan
February 02, 2007, 11:12 AM
FrankDutchhow would you calculate it in Excel?
can you give more info
February 02, 2007, 12:12 PM
KerryHi Dan,
Is this the same question with previous topic:
https://forums.informationbuilders.com/eve/forums/a/tpc/...1057331/m/6071091012If so, please review the
info.
Thanks to Frank's suggestion as well.
Cheers,
Kerry
February 03, 2007, 06:06 AM
OPALTOSHCompound 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.
February 05, 2007, 10:58 AM
moyer1dlThis 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