hi all,
am using DAO in VB6 and MS-Access as back hand.
now, i have a formula, u can find out EMI for Loan with that formula. formula is as below.
EMI = P * R * (1 + R)^N / ((1 + R)^N - 1) ----> Plz Note "R" = R/1200
Now i can find EMI through above formula in vb6.
now i want to find "R" from that.
eg. If P = 100000, N = 36 Months, EMI = 3227, R = ??
its Answer is 10 ( R = 10%)
but how can i calculate through vb6 coding.
plz. HELP me on this if possible.
thanks a lot in advance.
kaushal
am using DAO in VB6 and MS-Access as back hand.
now, i have a formula, u can find out EMI for Loan with that formula. formula is as below.
EMI = P * R * (1 + R)^N / ((1 + R)^N - 1) ----> Plz Note "R" = R/1200
Now i can find EMI through above formula in vb6.
now i want to find "R" from that.
eg. If P = 100000, N = 36 Months, EMI = 3227, R = ??
its Answer is 10 ( R = 10%)
but how can i calculate through vb6 coding.
plz. HELP me on this if possible.
thanks a lot in advance.
kaushal