http://livedocs.macromedia.com/coldfusion/6.1/htmldocs/expresa4.htm

On 7/5/06, Rick Faircloth <[EMAIL PROTECTED]> wrote:
> 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
>
>
>
> 

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