Mega Code Archive
The calculation for finding compound interest
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cp is the number of compounding periods per year (12 if it is compounded every month)
t is the number of years.
package{
import flash.display.Sprite;
public class Main extends Sprite{
public function Main(){
var nOrig: int = 10;
var nRate:int = 2;
var nCp: int = 3;
var nT: int = 3;
var nNew = nOrig * Math.pow((1 + nRate/nCp), (nCp*nT));
trace(nNew);
}
}
}
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