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Interest calculation using Macro Programming


IBM Mainframe Forums -> PL/I & Assembler
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manihcl85
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PostPosted: Tue Mar 25, 2008 11:58 am
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Hi,

Can anyone give me the macro code to calculate interest. I will get the Monthly interest rate as input and i have to calculate annual interest rate from that rounded to 3 decimal places.

AIR=ROUND ((1+MIR) ^12-1, 3).


Thanks,
Manikandan
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manihcl85
Warnings : 1

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Joined: 11 Jan 2007
Posts: 52
Location: chennai

PostPosted: Wed Mar 26, 2008 7:00 pm
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Hi,

Can anyone give me the ASSEMBLER code for the same to calculate interest. I will get the Monthly interest rate as input and i have to calculate annual interest rate from that rounded to 3 decimal places.

AIR=ROUND ((1+MIR) ^12-1, 3).


Thanks,
Manikandan
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