How to add interest to calculate?

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    Adrian14
    Asked on July 21, 2014 at 07:07 PM

    How to add interest to calculate?



    This is a re-post of a comment on Form Calculation - Math Function Reference

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    Jeanette
    Answered on July 21, 2014 at 10:19 PM

    I have made  a demo form for you to see, is this something you are looking for?

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    Jeanette
    Answered on July 21, 2014 at 11:14 PM

    If you need further help, please explain in details what is the desired scenario and we will be glad to assist you.

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    Adrian14
    Answered on July 22, 2014 at 05:37 AM

    Thanks, but how to add? I tried, but nothing happened

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    jedcadorna
    Answered on July 22, 2014 at 07:18 AM

    Here's how to add interest to your form calculation.

    1. Add dropdown menu that and put your interest value

    2. Then add Calculation widget

    Your formula should be something like this: 

    ( loan amount * ( interest / 100 ) + loan amount ) / number of months

    This would depends on the name of the fields but basically just follow the formula above.

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    Adrian14
    Answered on July 23, 2014 at 03:38 AM

    Thanks!