Himitsu Posted January 5, 2011 Posted January 5, 2011 I am banging my head on this one. I need a simplified way to express a Log() function and as I am getting older, my head isn't working as well as it used to (if it ever worked at all). I'm trying to figure out the calculation for a customer who pays extra on a loan, how many month will it take to pay it off. I am using this: (Log ( extraPayment ) - Log ( extraPayment - ((CurrentBalance * InterestRateCalc ) / 12)) ) / Log ( 1 + (InterestRateCalc / 12)) This works great but the software using the DDR that I generate doesn't like LOG() or any other financial functions. I also know of the function NPER() that works with excel but that won't work with filemaker. Any help would be awsome.
comment Posted January 7, 2011 Posted January 7, 2011 the software using the DDR that I generate doesn't like LOG() or any other financial functions Log() is not a financial function - it is a math operation (and a rather basic one in a computing environment that cannot lookup a logarithmic table). It is also not clear why another application must use the same formula you are using in Filemaker. Anyway, to calculate - or rather approximate - the logarithm, see: http://en.wikipedia.org/wiki/Logarithm#Calculation
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