loanamount = loanmopayment * (1 - pow((1 + loanrate), -loanterm)) / loanrate;
Type: Posts; User: jerel2k3
loanamount = loanmopayment * (1 - pow((1 + loanrate), -loanterm)) / loanrate;
this is for my final project for C++ programming. Appreciate the help anyways.
I am trying to write this formula in C++ syntax. Please see this mortgage calculator page where the formula resides. Thank you.
http://www.netjeff.com/MortgageCalculator/PNI.html