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Cobol equvivalent for Excel function RATE

 
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Sowmya Ramachandra

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Joined: 11 May 2007
Posts: 20
Location: Canada

PostPosted: Tue Aug 26, 2008 3:35 am    Post subject: Cobol equvivalent for Excel function RATE
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Hi,

Can anyone let me know the cobol equivalent formula for the below excel function please. icon_question.gif

(RATE(C5,-G5,D5,,,10%)*12)
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ofer71

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Joined: 27 Dec 2005
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PostPosted: Tue Aug 26, 2008 10:47 am    Post subject:
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Take a look at COBOL's function ANNUITY.

Ofer
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Sowmya Ramachandra

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PostPosted: Wed Aug 27, 2008 10:26 pm    Post subject:
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Thanks for you update.

Is the Annuity function used to calculate APR. The rate function metioned above is to calculate APR.
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dbzTHEdinosauer

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Joined: 20 Oct 2006
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Location: porcelain throne

PostPosted: Wed Aug 27, 2008 10:57 pm    Post subject:
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how about looking the the manual for your version of cobol and the Language Environment APIs
(documents starting with CE... are LE manuals)
and see what function is available at your site.
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