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How I can arrange this formula in VFP
Message
From
13/08/2006 14:43:50
Chandan Chakraborty
Bangiya Gramin Vikash Bank
Raiganj, India
 
 
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General information
Forum:
Visual FoxPro
Category:
Coding, syntax & commands
Title:
How I can arrange this formula in VFP
Environment versions
Visual FoxPro:
VFP 6
OS:
Windows '98
Network:
Windows 98
Database:
Visual FoxPro
Miscellaneous
Thread ID:
01145123
Message ID:
01145123
Views:
93
Hello Experts!

How I can coded the formula in vfp to find out the maturity value.

Please help.

Here is the formula :-
Recurring Deposits – Maturity Value (Quarterly Compounding)
M =R [ (1+i)n – 1]
--------------------
1- (1+i) -1/3



M = Maturity value
R = Monthly installment
n = Number of quarters
i = Rate of interest/400

Chandan
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