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Principal loan amount

  Shell script to given a principal loan amount, interest rate, and duration of loan (years), calculate the per-payment amount.


# mortgage - given a principal loan amount, interest rate, and
# duration of loan (years), calculate the per-payment amount.

# formula is: M = P * ( J / (1 - (1 + J) ** -N))
# where P = principal, J = monthly interest rate, N = duration (months)
#
# users typically enter P, I (annual interest rate) and L (length, years)
 
( This Software is Available for Direct Download )
 
Supported Operating System(s) CentOS, Debian, Linux Generic, Mac OS X,
File Size 1 kb
Version x
License Type Open Source
Requirements Bash / KSH shell
Author Website http://gnutoolbox.com
 

 
Added 2011/10/11
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