The following module was proposed for inclusion in the Module List:
modid: Finance::Loan
DSLIP: bdpOp
description: Allows calculations for standard loans
userid: ZAKZ (Zachary Zebrowski)
chapterid: 23 (Miscellaneous_Modules)
communities:
modules mailing list
similar:
rationale:
NAME Finance::Loan - Calculates monthly payment, interest paid, and
unpaid balance on a loan.
SYNOPSIS use Finance::Loan; my $loan = new
Finance::Loan(principle=>1000,interest_rate=>.07,number_of_
months=>36); # 7% interest rate my $monthlyPayment =
$loan->getMonthlyPayment(); my
$interestPaid=$loan->getInterestPaid(); my $balanceAfterPaymentn =
$loan->balanceAfterPayementn(n);
DESCRIPTION new
Finance::Loan(principle=>1000,interest_rate=>.07,number_of_months=>36)
Creates a new loan object. Ensure that interest_rate is a decimal.
So, a 7 percent interest rate is .07 while a 14 percent interest
rate is .14
$loan->getMonthlyPayment()
Returns the monthly payment on the loan.
$loan->getIntrestPaid()
Returns the total amount of interest that needs to be paid on the
loan.
$loan->balanceAfterPaymentn(n)
Returns the unpaid balance on the account after payment n, if no
additional principle payment on the loan is received.
EXPORT
None by default.
BUGS
None known.
DISCLAIMER
Calculations are presumed to be reliable, but not guaranteed.
AUTHOR Zachary Zebrowski [EMAIL PROTECTED]
SEE ALSO Nickell, Daniel - Forecasting With Your Microcomputer, Tab
Books (C) 1983.
enteredby: ZAKZ (Zachary Zebrowski)
enteredon: Mon Mar 11 16:22:38 2002 GMT
The resulting entry would be:
Finance::
::Loan bdpOp Allows calculations for standard loans ZAKZ
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