Real Decisions Loan App
There are loads of loan apps out there. Nevertheless, I decided to post new one because I couldn't find one that allows for escalation (increasing payments annually at a given rate). After all, if you receive a salary increase each year (I know, I know, the last few...
I searched for a library of common Financial Functions, but came up blank (maybe there's already one there, but I couldn't find it). So, here's my version. I hope you find it useful.
Returns the total amount that a series of future payments is worth now...
I have written a few Financial Calculators over the past couple of weeks, and one approach I've found extremely useful is Approximation and Guesswork.
So I figured, why not share the approach with the forum,
A) to hopefully inform and
B) to see if anyone else has any other intriguing...