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compound interest calculation

Dave
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#1: Nov 17 '05
I need a calculation that allows for monthly calculations

Dave


Nicholas Paldino [.NET/C# MVP]
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#2: Nov 17 '05

re: compound interest calculation


Dave,

You are going to have to do that yourself, or get a third party library
that does it (I am sure there are some out there). There is nothing like
that in .NET out of the box. Then again, it's probably very easy.

Hope this helps.


--
- Nicholas Paldino [.NET/C# MVP]
- mvp@spam.guard.caspershouse.com

"Dave" <davef@helixpoint.com> wrote in message
news:O%23YaTqMrFHA.2924@TK2MSFTNGP10.phx.gbl...[color=blue]
>I need a calculation that allows for monthly calculations
>
> Dave
>[/color]


Dave
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#3: Nov 17 '05

re: compound interest calculation


That did not help me?


"Nicholas Paldino [.NET/C# MVP]" <mvp@spam.guard.caspershouse.com> wrote in
message news:uJIlGvMrFHA.2924@TK2MSFTNGP10.phx.gbl...[color=blue]
> Dave,
>
> You are going to have to do that yourself, or get a third party library
> that does it (I am sure there are some out there). There is nothing like
> that in .NET out of the box. Then again, it's probably very easy.
>
> Hope this helps.
>
>
> --
> - Nicholas Paldino [.NET/C# MVP]
> - mvp@spam.guard.caspershouse.com
>
> "Dave" <davef@helixpoint.com> wrote in message
> news:O%23YaTqMrFHA.2924@TK2MSFTNGP10.phx.gbl...[color=green]
>>I need a calculation that allows for monthly calculations
>>
>> Dave
>>[/color]
>
>[/color]


Jon Skeet [C# MVP]
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#4: Nov 17 '05

re: compound interest calculation


Dave <davef@helixpoint.com> wrote:[color=blue]
> That did not help me?[/color]

Well, it would help if you'd ask a question about .NET or C#. It
*sounds* pretty much like homework - or maybe getting the maths right.
Once you've worked out how to express what you want in maths rather
than business terms, the answer is likely to be very straightforward.

Hint: it may well involve using Math.Pow...

--
Jon Skeet - <skeet@pobox.com>
http://www.pobox.com/~skeet
If replying to the group, please do not mail me too
JP
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#5: Nov 17 '05

re: compound interest calculation


Here it is :
p=p(1+(i*r/100))^n

p - principle
i - interval
r - rate of interest
n - number of intervals

Hope this helps

Cheers,
JP
------------------------------------------------------------------
A program is a device used to convert,
data into error messages
------------------------------------------------------------------
"Dave" <davef@helixpoint.com> wrote in message
news:O%23YaTqMrFHA.2924@TK2MSFTNGP10.phx.gbl...[color=blue]
>I need a calculation that allows for monthly calculations
>
> Dave
>[/color]


JP
Guest
 
Posts: n/a
#6: Nov 17 '05

re: compound interest calculation


Here it is :
p=p(1+(i*r/100))^n

p - principle
i - interval
r - rate of interest
n - number of intervals

Hope this helps

Cheers,
JP
------------------------------------------------------------------
A program is a device used to convert,
data into error messages
------------------------------------------------------------------
"Dave" <davef@helixpoint.com> wrote in message
news:O%23YaTqMrFHA.2924@TK2MSFTNGP10.phx.gbl...[color=blue]
>I need a calculation that allows for monthly calculations
>
> Dave
>[/color]


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