how to solve amortization prob in oracle
From: Jerry Sy <syjerry_at_netgate.net>
Date: 1995/09/09
Message-ID: <syjerry-0909951931280001_at_ng21.netgate.net>#1/1
Date: 1995/09/09
Message-ID: <syjerry-0909951931280001_at_ng21.netgate.net>#1/1
is there a way, using oracle built in functions and operators to solve a basic loan amortization problem ? i.e. given loan amount, years to pay, number of payments per year, interest rate, etc calculate the payment amount.
this problem seems to be too basic for oracle not to be capable of doing. I checked the functions and operators list and did not see any obvious way to do it.
please email reply if possible
thanks in advance
jerry
-- --... ...-- -.. . .- .- ...-- -.- -.Received on Sat Sep 09 1995 - 00:00:00 CEST