>>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 = ?
>
>
>I think what you need is:
>
> i=.10/12 n=36 monthly payment due on the 1st
>
> payment= (((PV/(1+i))-(FV/(1+i)^36)))/payment(1,i,36)
>
> In your case, Payment=2,643.14



Without analyzing your answer,

$2643.14 * 36 = $95153.04

This doesn't seem right.