Can someone please assist me in solving this, I need to find the total of all payments at the end of the loan period.

example, Mr. X borrows $100,000 for 15 years at the rate of 10%. The total of all payments is supposed to be $193,428.92. If someone can post the code for this I'll really appreciate.

## 2 Replies - 2976 Views - Last Post: 31 March 2009 - 07:35 PM

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**Replies To:** Loan calculator, total of all payments

### #2

## Re: Loan calculator, total of all payments

Posted 31 March 2009 - 05:18 AM

well I know there is an equation for this...but I hated calc 2 with a passion and just the spite it I will do it the "dumb" way...

of course this isn't exact, I will leave it to you to figure out the rest.

Next time please show the code you have.

int X as Integer = 100,000 loop (15 times) X += X * .1 next

of course this isn't exact, I will leave it to you to figure out the rest.

Next time please show the code you have.

This post has been edited by **krum110487**: 31 March 2009 - 05:19 AM

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