KAlgebra/Credit payment: Difference between revisions
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Revision as of 18:18, 18 December 2010
1.Write this Function in console mode.It calculates the monthly interest rate by given yearly interest rate.
monthlyInterestRate:= yearlyInterestRate-> x/1200
2.Write this Function in the console mode.It calculates the monthly payment you have to return to the bank
- mir=monthlyInterestRate
monthly_payment:=(sum, mir, months)->(sum*mir^months*(mir-1))/(mir^months-1))
3.Write this Function in the console mode.It calculate the whole sum you have to return to the bank
sum:=(monthlyPayment,months)->monthlyPayment*months