Might this be it? M = P * ( J / (1 - (1 + J) * (-N * -N))) I'm not all that great at math so that's probably not right...just a guess.
<!----------------//------ andy matthews web developer certified advanced coldfusion programmer ICGLink, Inc. [EMAIL PROTECTED] 615.370.1530 x737 --------------//---------> -----Original Message----- From: Rick Faircloth [mailto:[EMAIL PROTECTED] Sent: Wednesday, July 05, 2006 10:56 AM To: CF-Talk Subject: Mortgage Formula Can anyone help write this in CF? It's a mortgage calculation formula and I want to build a CF-based calculator. Here's the formula I found: M = P * ( J / (1 - (1 + J) ** -N)) M is Mortgage Payment P is Principal J is monthly interest in decimal form = I / (12 x 100) N is the number of months of the loan I'm not sure how to handle the ** -N part.the exponent. How would this be written using CF? Thanks for anyone's help. Rick ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:4:245413 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/4 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:4 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.4 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
