Sort of off topic, but please help?
Sort of off topic, but please help?
- Subject: Sort of off topic, but please help?
- From: email@hidden
- Date: Tue, 22 Jan 2002 22:36:36 -0800
Hello all,
I'm trying to write my first official non-tutorial Cocoa program (a
loan calculator for my dad) and this question is directed towards the
business / math type of people.
Does anyone know of any way to calculate the interest rate of a loan,
paid monthly, when you know the initial principle, the monthly payments
made (interest + principle paid), and the number of years that the loan
lasts (12 payment periods per year)?
It's not really essential, but I would like to know this and I didn't
know where else to ask...
Thanks!
-Kevin