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Financial Calcs
Message
From
04/12/2001 10:51:22
Hilmar Zonneveld
Independent Consultant
Cochabamba, Bolivia
 
 
To
03/12/2001 12:11:48
General information
Forum:
Visual FoxPro
Category:
Coding, syntax & commands
Title:
Miscellaneous
Thread ID:
00588773
Message ID:
00589301
Views:
17
>Hello,
>i need to know who can i calculate Financial loans with this value:
>i know the Amount the number of Months and the Month Value, i need to calculate the Tax???
>Thanks,

According to the help in Excel, the interest rate is calculated with iterations. IOW, trial and error! The interest rate can have "zero or more solutions".

Hilmar.
Difference in opinions hath cost many millions of lives: for instance, whether flesh be bread, or bread be flesh; whether whistling be a vice or a virtue; whether it be better to kiss a post, or throw it into the fire... (from Gulliver's Travels)
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