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Does anybody know the car loan amortization formula?
Message
 
To
16/10/1997 10:15:36
General information
Forum:
Visual FoxPro
Category:
Other
Miscellaneous
Thread ID:
00054861
Message ID:
00054913
Views:
33
>What is the amortization formula. The variables
>are:
>1. amount of loan
>2. percentage rate
>3. length of time in years or months.
Robert,

Lookup the PAYMENT() function in the help file.
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