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Text File  |  1988-01-06  |  270b  |  7 lines

  1. precision = 2
  2. monthly_interest = yearly_interest / 12.0;
  3. months = years * 12.0;
  4. payments = principle / annuity( monthly_interest / 100.0, months);
  5. costOfLoan = payments * months - principle;
  6. costPerPayment = costOfLoan / months;
  7. principlePerPayment = principle / months;