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Java Code for APR Calculation using Newton Rapson Method
Joined: Feb 11, 2005
Feb 16, 2005 02:09:00
I want to write Java programme by using formula
and using Newton rapson method (a(1+a)N/(1+a)N-1)- (p/c)=0
where N is raise to value.
N=Number of months
This calculator first calculates the monthly payment using C+E and the original interest rate r = R/1200:
The APR (a = A/1200) is then calculated iteratively by solving the following equation using the Newton-Raphson method:
Is there any libriry in
for Newton rapson method. Or any help is same kind of work.
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subject: Java Code for APR Calculation using Newton Rapson Method
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