i need help with the calcuations. I know that I'm off some where just not to sure where.
Code:
/*************************************************************
File Name: Tmitchellwk1
Descreption: Display Loan Amortization Schedule
Date: August 28th, 2006
Desinger; Tabatha Mitchell
Assugnment: week1
Fuctions: None
**************************************************************/
#include <stdio.h>
/*Program to compute Amortization Schedule*/
main ()
{
int TermLoan, // length of the loan
PaymentNumber, //number of payments made
Numberofmonths, //Number of months in the loan
count,
n; //Letters used for the caculations
double AmountPrinciple, //Amount paid on principle
AmountInterest, //amount paid to intrest
LoanBlance, //amount owed on loan\ count,
CurrentBlance,
LoanAmount, //amount of the loan
InterestRate, //intrest rate on loan
a,i,
NewBlance, //amount of new amount owed
PaymentAmount; //amount paid to loan
//start of main program
printf ("Please enter in loan amount, Term of Loan and Intrest Rate.\n");
scanf ("%lf%d%lf", &LoanAmount, &TermLoan, &InterestRate);
CurrentBlance = LoanAmount;
Numberofmonths = TermLoan * 12 ; //calculate numbers of months
i = InterestRate;
n = Numberofmonths;
a = CurrentBlance;
printf ("\nAmortization Schedule\n");
printf ("_____________________\n");
printf ("PaymentNumber, LoanBlance, PaymentAmount, AmountPrinciple, AmountInterest, NewBlance\n");
PaymentNumber = 0;
count =0;
while(PaymentNumber < Numberofmonths) //start of while loop
{
printf ("at line 2\n");
PaymentAmount = (1+i/12)pow(n)*(i/12*a)/(1+i/12)pow(n-1);
PaymentNumber++; //Start number of months for amortization schedule
count++; //Start counter for displaying specific number of payments
AmountInterest = a * i;
AmountPrinciple = PaymentAmount - AmountInterest;
NewBlance = a - NewBlance;
LoanBlance = a - AmountPrinciple;
printf ("%d\n", PaymentNumber);
printf ("%lf\n", LoanBlance);
printf ("%lf\n", PaymentAmount);
printf ("%f\n", AmountPrinciple);
printf ("%lf\n", AmountInterest);
printf ("%f\n", NewBlance);
printf ("at line 3\n");
} //end of while loop
getchar ();
getchar ();
printf ("hit enter to end");
return 0;
}