...

View Full Version : mortgage calculation, please



Kor
02-13-2004, 04:19 PM
Can anyone show me, even simply algebric, how to calculate morgage. Relation between:

var r = rate (/per month)
var m = number of month
var val = total initial value

var mort (/per month) = ?

Kor
02-13-2004, 04:36 PM
I found ... sorry for bother you, but I have an account who do this stuff in my bussines :o

var r = rate (/per month)
var m = number of month
var val = total initial value
var mort = mortgage(/per month)


var mort = val * (r / (1 - (1 / Math.pow(1+r,m))))



EZ Archive Ads Plugin for vBulletin Copyright 2006 Computer Help Forum