Exponentiation in a Formula

[grahamhow424]

Hi

I am trying to figure out how to duplicate a, financial, calculation
that uses the caret, Exponentiation.

Here's the formula...

A = 0.0755
B = 34
C = 50000
D = 22448

result = ((C-D)*A/12)/(1-(1+A/12)^(-B))+D*A/12

It calculates loan repayments based on interest rate (A), number of
payments (B), total loan amount (C) and a residual amount (D).

This calculation will work when the caret (Exponentiation) is used,
however this is not available in Javascript. So, to get this formula to
work in Javascript some other method needs to be used.

I have found examples of how to do Exponentiation, like this:

/************************************************** *********/

function powmod(base,exp,modulus)
{
var accum=1, i=0, basepow2=base;
while ((exp>>i)>0)
{
if(((exp>>i) & 1) == 1){accum = (accum*basepow2) % modulus;};
basepow2 = (basepow2*basepow2) % modulus;
i++;
};
return accum;
}

/************************************************** *********/

This function comes from here
http://www.math.umbc.edu/~campbell/N...pt.html#PowMod (some handy stuff
there) but I can't replicate the calculation I have posted using a
function like that.

Anyone know how to do this?

Thanks!

[David Golightly]

gr**********@hotmail.com wrote:

Hi

I am trying to figure out how to duplicate a, financial, calculation
that uses the caret, Exponentiation.

Here's the formula...

A = 0.0755
B = 34
C = 50000
D = 22448

result = ((C-D)*A/12)/(1-(1+A/12)^(-B))+D*A/12

It calculates loan repayments based on interest rate (A), number of
payments (B), total loan amount (C) and a residual amount (D).

This calculation will work when the caret (Exponentiation) is used,
however this is not available in Javascript. So, to get this formula to
work in Javascript some other method needs to be used.

I have found examples of how to do Exponentiation, like this:

/************************************************** *********/

function powmod(base,exp,modulus)
{
var accum=1, i=0, basepow2=base;
while ((exp>>i)>0)
{
if(((exp>>i) & 1) == 1){accum = (accum*basepow2) % modulus;};
basepow2 = (basepow2*basepow2) % modulus;
i++;
};
return accum;
}

/************************************************** *********/

This function comes from here
http://www.math.umbc.edu/~campbell/N...pt.html#PowMod (some handy stuff
there) but I can't replicate the calculation I have posted using a
function like that.

Anyone know how to do this?

Thanks!

The caret operator (^) is the bitwise XOR operator in JavaScript. Use
Math.pow for exponents:

Math.pow(2,3)
=8

[-Lost]

<gr**********@hotmail.comwrote in message
news:11*********************@79g2000cws.googlegrou ps.com...

Hi

I am trying to figure out how to duplicate a, financial, calculation
that uses the caret, Exponentiation.

Here's the formula...

A = 0.0755
B = 34
C = 50000
D = 22448

result = ((C-D)*A/12)/(1-(1+A/12)^(-B))+D*A/12

result = ((C-D)*A/12)/(1-Math.pow((1+A/12),(-B)))+D*A/12;

-Lost

[grahamhow424]

Hi David

Thanks, I got it now.

The formula I posted previously could translate in JS as...

var A1 = 0.0755;
var B1 = 34;
var C1 = 50000;
var D1 = 22448;

alert(((C1 - D1) * A1 / 12) / (1 - Math.pow((1 + A1 / 12), -B1)) + (D1
* A1 / 12));

Thanks again!
David Golightly wrote:

The caret operator (^) is the bitwise XOR operator in JavaScript. Use
Math.pow for exponents:

Math.pow(2,3)
=8

[Malkavian]

<gr**********@hotmail.comwrote in message
news:11*********************@79g2000cws.googlegrou ps.com...

Hi

I am trying to figure out how to duplicate a, financial, calculation
that uses the caret, Exponentiation.

*snip*

There maybe something here that'll help.

http://www.comptechdoc.org/independe.../javamath.html

HTH

[-Lost]

<gr**********@hotmail.comwrote in message
news:11*********************@42g2000cwt.googlegrou ps.com...

Hi David

Thanks, I got it now.

The formula I posted previously could translate in JS as...

var A1 = 0.0755;
var B1 = 34;
var C1 = 50000;
var D1 = 22448;

alert(((C1 - D1) * A1 / 12) / (1 - Math.pow((1 + A1 / 12), -B1)) + (D1
* A1 / 12));

result = ((C-D)*A/12)/(1-Math.pow((1+A/12),(-B)))+D*A/12;

That is the exact same thing I wrote (a few minutes before you posted again).

-Lost

[grahamhow424]

Ahhhh -Lost

You nailed it. Unfortunately I sorted it out while you were posting,
wish you posted about 3 mins earlier!

Anyway, thanks a lot, appreciate your input.

-Lost wrote:

<gr**********@hotmail.comwrote in message
news:11*********************@42g2000cwt.googlegrou ps.com...

Hi David

Thanks, I got it now.

The formula I posted previously could translate in JS as...

var A1 = 0.0755;
var B1 = 34;
var C1 = 50000;
var D1 = 22448;

alert(((C1 - D1) * A1 / 12) / (1 - Math.pow((1 + A1 / 12), -B1)) + (D1
* A1 / 12));

result = ((C-D)*A/12)/(1-Math.pow((1+A/12),(-B)))+D*A/12;

That is the exact same thing I wrote (a few minutes before you posted again).

-Lost

[Dr J R Stockton]

In comp.lang.javascript message
<11*********************@79g2000cws.googlegroups.c om>, Thu, 21 Dec 2006
15:24:20, gr**********@hotmail.com wrote:

>
I am trying to figure out how to duplicate a, financial, calculation
that uses the caret, Exponentiation.

In Javascript, X = Base^Expo is actually bitwise exclusive-or, and
X = Math.pow(Base, Expo) exponentiates. Read any relevant book.

It's a good idea to read the newsgroup and its FAQ. See below.

--
(c) John Stockton, Surrey, UK. ?@merlyn.demon.co.uk Turnpike v6.05 IE 6
news:comp.lang.javascript FAQ <URL:http://www.jibbering.com/faq/index.html>.
<URL:http://www.merlyn.demon.co.uk/js-index.htmjscr maths, dates, sources.
<URL:http://www.merlyn.demon.co.uk/TP/BP/Delphi/jscr/&c, FAQ items, links.

[-Lost]

<gr**********@hotmail.comwrote in message
news:11**********************@f1g2000cwa.googlegro ups.com...

Ahhhh -Lost

You nailed it. Unfortunately I sorted it out while you were posting,
wish you posted about 3 mins earlier!

Anyway, thanks a lot, appreciate your input.

Heh. No problem!

-Lost