"Monthly Loan Payment"
By G. Hallquist
ARCADIAN 2, no. 3 (Jan. 15, 1980): 22.
Original version archived found in Ken Lill's tape collection
Mod version archived from tape in the Bob Fabris Collection.


From the "Arcadian" newsletter:

"Monthly Loan Payment" will calculate the monthly payment and the total payment when you input the loan amount, the interest rate, and the months the loan will run. Enter these values by the digit, including leading zeros (that is, $20,000, is entered as 020000, and 9% is entered as 09000).

This could be a good start for an amortization program each montly payment is split into its principal and interest portions.


