setup assignment and started creating variables - #1
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katfsw
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Apr 30, 2020
| */ | ||
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| let principal = 200000; | ||
| let interestRate = 0.05; |
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| let monthlyInterestRate = interestRate/12; | ||
| let periods = years*12; |
| When your math is correct, monthlyRate will equal 1073.64 | ||
| */ | ||
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| let numerator = principal*monthlyInterestRate*(Math.pow(1+monthlyInterestRate,periods)); |
| let numerator = principal*monthlyInterestRate*(Math.pow(1+monthlyInterestRate,periods)); | ||
| let denominator = (Math.pow(1+monthlyInterestRate,periods)-1); | ||
| let monthlyRate = numerator/denominator; | ||
| console.log('Monthly Rate:'+ monthlyRate.toFixed(2)); |
| } | ||
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| mortgageCalculator(); | ||
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| let monthlyRate = numer/denom; | ||
| monthlyRate = monthlyRate.toFixed(2); | ||
| return `${monthlyRate}`; | ||
| } |
| } | ||
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| mortgageCalculator(200000,0.05,30,750); |
Collaborator
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awesome! this looks great!
| monthlyRate = monthlyRate.toFixed(2); | ||
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| return `${monthlyRate}`; | ||
| } |
Owner
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Awesome .. Thank You .. this was a fun one ... had me up late lol
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