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Les, go the DOS operating sytem and load basic, then run the "mortgage"
program embedded in basic. You use all basic commands to load and then
it runs like a normal program. Do like "basic"    "load mortage.bas"   
"run" and then control z it or control d or control break it to stop it.
I think there is one embedded in Windows as well, and they are embedded
in most of the Microsoft programs, like Office, etc, and run like normal
programs.

Otherwise , mortage programs are tricky unless you use natural exponents
and logarythms to solve them, considered cheating in the math world.
Most still use iteration, but the chips are so fast these days.

Straight calculations are simply the sum of the periods-type equations.
Look up Sidney Homer on the Salomon Bros. web site and see if they have
"Inside the Yield Book" calculations there.

Leslie Herman wrote:
> 
> Due to the extreme intelligence on this list, there must be a
> few of you out there that can give me the algebraic equation for
> figuring out the final sum for a loan with compounding interest.
> The equation would consider rate, borrowed amount and length of
> loan that I can plug these figures into an Excel table.
>   It's been awhile since I was in high school and I was so perky
> back then.
> Leslie

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