SIT() - Simple interest Time

Calculates time based on principal and accumulated simple interest amount.

Returns

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

Arguments

Type	Field	Description
double	dPrincipal	Principal
double	dAmount	Principal plus interest amount
double	dInt	Periodic interest percentage

16-bit DLL declarations

PowerBuilder Function declaration

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

Visual Basic Function declaration

Declare Function SIT lib "IFL16" (ByVal dPrincipal As Double, ByVal dAmount As Double, ByVal dInt As Double) As Double

C/C++ Synopsis

#include "function.h"

double SIT(double dPrincipal, double dAmount, double dInt)

32-bit DLL declarations

PowerBuilder Function declaration

function double SIT(double dPrincipal, double dAmount, double dInt) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function SIT lib "IFL32" (ByVal dPrincipal As double, ByVal dAmount as Double, ByVal dInt As Double) As Double

C/C++ Synopsis

#include "function.h"

double SIT(double dPrincipal, double dAmount, double dInt)

Example:

dPrincipal	=	100
dAmount	=	184
iInt	=	.07	7%

Result: 12