blob: b25af1d039dd7d7a018e51ed375efc34398c04ad (
plain)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
|
/*
* Licensed to the Apache Software Foundation (ASF) under one
* or more contributor license agreements. See the NOTICE file
* distributed with this work for additional information
* regarding copyright ownership. The ASF licenses this file
* to you under the Apache License, Version 2.0 (the
* "License"); you may not use this file except in compliance
* with the License. You may obtain a copy of the License at
*
* http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing,
* software distributed under the License is distributed on an
* "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
* KIND, either express or implied. See the License for the
* specific language governing permissions and limitations
* under the License.
*/
function getMonthlyPayment(principal, years, interestRate) {
var monthlyRate = interestRate / 12.0 / 100.0;
var p = Math.pow(1 + monthlyRate, years * 12);
var q = p / (p - 1);
var monthlyPayment = principal * monthlyRate * q;
return monthlyPayment;
}
|