DISCTIME() - Discount periods

Calculates number of periods needed for a discounted loan.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dPrincipal	Principal
double	dDisc	Discount amount
double	dInt	Interest percentage

16-bit DLL declarations

PowerBuilder Function declaration

function double DISCTIME(double dPrincipal, double dDisc, double dInt) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function DISCTIME lib "IFL16" (ByVal dPrincipal As Double, ByVal dDisc As Double, ByVal dInt As Double) As Double

C/C++ Synopsis

#include "function.h"

double DISCTIME(double dPrincipal, double dDisc, double dInt)

32-bit DLL declarations

PowerBuilder Function declaration

function double DISCTIME(double dPrincipal, double dDisc, double dInt) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function DISCTIME lib "IFL32" (ByVal dPrincipal As double, ByVal dDisc As Double, ByVal dInt As Double) As Double

C/C++ Synopsis

#include "function.h"

double DISCTIME(double dPrincipal, double dDisc, double dInt)

Example:

dPrincipal	=	100
dDisc	=	16
dInt	=	.07	7%

Result: 12