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Word 2000 form field calculation HELP!!
I am creating a writable form which includes the ability to autopopulate a
given field with a loans monthly payment amount. the Formula is: Monthly payment = P r(1+r)^n / (1+r)^n-1 P is Principle(loan amount) r is percentage rate n is term of loan (months) I seem to be having problems with word calculating to the power of n I am doing this with text fields where the user supplies the loan amount (P) and the term in years (ie: 15 or 30 years) and the annual percentage rate. I want the monthly payment to be calculated. What am i doing wrong????!!!! Please help me. Steve |
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