SIMPLERATE() - Simple interest rate

Convert interest rate to simple interest rate.

Returns

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

Arguments

Type	Field	Description
double	dInt	Interest rate
integer	iPeriods	Number of periods

16-bit DLL declarations

PowerBuilder Function declaration

function double SIMPLERATE(double dInt, integer iPeriods) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function SIMPLERATE lib "IFL16" (ByVal dInt As Double, ByVal iPeriods As Integer) As Double

C/C++ Synopsis

#include "function.h"

double SIMPLERATE(double dInt, int iPeriods)

32-bit DLL declarations

PowerBuilder Function declaration

function double SIMPLERATE(double dInt, integer iPeriods) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function SIMPLERATE lib "IFL32" (ByVal dInt As Double, ByVal iPeriods As integer) As Double

C/C++ Synopsis

#include "function.h"

double SIMPLERATE(double dInt, short sPeriods)

Example:

dInt	=	.07	7%
iPeriods	=	12

Result: 0.067849745 (6.7849745%)