Expand|Select|Wrap|Line Numbers
- public double computePayment(double loanAmt,
- double rate,
- double futureValue,
- int numPeriods) {
- double interest = rate / 100.0;
- double partial1 = Math.pow((1 + interest), -numPeriods);
- double denominator = (1 - partial1) / interest;
- double answer = (-loanAmt / denominator)
- - ((futureValue * partial1) / denominator);
- return answer;
- }
Q:2- I have not understood the computation part?
Expand|Select|Wrap|Line Numbers
- double interest = rate / 100.0;
- double partial1 = Math.pow((1 + interest), -numPeriods);
- double denominator = (1 - partial1) / interest;
- double answer = (-loanAmt / denominator)
- - ((futureValue * partial1) / denominator);
- return answer;