florida
05-15-2003, 09:56 AM
Please explain what this is doing?
I understand it is returning a value and that "myIntRate" is dividing a number but the rest with "(1 - (1/Math.pow(1 + .....))))" I dont understand.
Please advise:
return myLoanTot * (myIntRate / (1 - (1/Math.pow(1 + myIntRate,myPayNums))));
I understand it is returning a value and that "myIntRate" is dividing a number but the rest with "(1 - (1/Math.pow(1 + .....))))" I dont understand.
Please advise:
return myLoanTot * (myIntRate / (1 - (1/Math.pow(1 + myIntRate,myPayNums))));