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Category:
Coding, syntax & commands
Title:
How I can arrange this formula in VFP
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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