Just to clarify, are you after IIR or IRR (internal rate of return)? ---------------------------------------------- steve baty senior analyst red square :: internet design & development www.redsquare.com <ph>+612 8596 4030 <fax>+612 8596 4001 <mob>+61 417 061 292
-----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Gary Menzel Sent: Tuesday, 24 June 2003 17:32 To: CFAussie Mailing List Subject: [cfaussie] Re: OT : How to IIR in CF or Access ? I dont have a complete answer fo you but I did find this: Income to Instalment Ratio (IIR) This ratio signifies the percentage of the income that can be set aside for repayment of the loan under the assumption that 50-60% of the income is required by the person for his own sustainence. My comment would that Cold Fusion is a programming language - so if you have an algorithm or a function, it should be able to calculate it. There is not likely to be anything that MSAccess can do (from a programming perspective) that you cant do in Cold Fusion. But you will need to know how the IIR is used in the calculations you need to perform. Gary Menzel IT Operations Brisbane -+- ABN AMRO Morgans Limited Level 29, 123 Eagle Street BRISBANE QLD 4000 PH: 07 333 44 828 FX: 07 3834 0828 [EMAIL PROTECTED] wrote on 06/24/2003 04:34:15 PM: > IIR is a financial industry term used in the calculation of compound > interest. Apparently it's either tricky or not possible to calculate using > CF, but may be possible with MSAccess. > > Anyone with finance industry experience know of any routines which work > for this calculation ? We are trying to calculate Comparison Rates, in > order to comply with some recent government legislation (briefly, to show > an interest rate on the loan which reflects all fees and costs). > > --- > You are currently subscribed to cfaussie as: [EMAIL PROTECTED] > To unsubscribe send a blank email to [EMAIL PROTECTED] > > MX Downunder AsiaPac DevCon - http://mxdu.com/ ************************************************************************ **** If this communication is not intended for you and you are not an authorised recipient of this email you are prohibited by law from dealing with or relying on the email or any file attachments. This prohibition includes reading, printing, copying, re-transmitting, disseminating, storing or in any other way dealing or acting in reliance on the information. If you have received this email in error, we request you contact ABN AMRO Morgans Limited immediately by returning the email to [EMAIL PROTECTED] and destroy the original. We will refund any reasonable costs associated with notifying ABN AMRO Morgans. This email is confidential and may contain privileged client information. ABN AMRO Morgans has taken reasonable steps to ensure the accuracy and integrity of all its communications, including electronic communications, but accepts no liability for materials transmitted. Materials may also be transmitted without the knowledge of ABN AMRO Morgans. ABN AMRO Morgans Limited its directors and employees do not accept liability for the results of any actions taken or not on the basis of the information in this report. ABN AMRO Morgans Limited and its associates hold or may hold securities in the companies/trusts mentioned herein. Any recommendation is made on the basis of our research of the investment and may not suit the specific requirements of clients. Assessments of suitability to an individual's portfolio can only be made after an examination of the particular client's investments, financial circumstances and requirements. ************************************************************************ **** --- You are currently subscribed to cfaussie as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] MX Downunder AsiaPac DevCon - http://mxdu.com/ --- You are currently subscribed to cfaussie as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] MX Downunder AsiaPac DevCon - http://mxdu.com/
