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Financial Calculations
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From
21/10/1998 18:04:22
 
 
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Forum:
Visual FoxPro
Category:
Other
Title:
Financial Calculations
Miscellaneous
Thread ID:
00149151
Message ID:
00149151
Views:
38
Is there a way to solve for a loan payment with VFP 5 when a residual is involved?

Example PV or Principal = $100,000
Term = 36 Months
Interest Rate Compounded Monthly = 10%
FV or Residual = $5,000
Monthly Payment Due on the 1st = ?
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