how to convert this excel formula into rollbase Payment=(B4/b5,b3*b5,-b2){!Loan_Amount#value} =b2{!Interest#value} =b4{!Months}=b3

And what this formula does?

the real formula in excel is =PMT(B4/B5,B3*B11)

The values from

B2 = 200000

B3 = 30

B4 = 6.75%

B5 =12

Result is $1297.20

Hi robie I have this formula caliculated in Excel but I would like to transfer that formula in Rollbase Please help on thisI need to convert that excel formula in Rollbase formula

Unfortunately we don't have PMT as built-in function.

so how can we convert that PMT and rest of the formula

so is there a way to cut that formula into different parts and finally making up the result

Please check this out for PMT implementation in JavaScript:

stackoverflow.com/.../excel-pmt-function-in-js

cant we have a better split directly using the fields functions internally and adding them

robie can you give me a sample how can I implement the same sample javascript code in rollbase plz

Ricardo I tried this as such... but on validation itself its failing bad :(

There were a couple plus signs missing and the return in front of the function fails.

Try this and replace the values in the function call with your tokens:

function pmt(rate_per_period, number_of_payments, present_value, future_value, type){

if(rate_per_period != 0.0){

// Interest rate exists

var q = Math.pow(1 + rate_per_period, number_of_payments);

return -(rate_per_period * (future_value + (q * present_value))) / ((-1 + q) * (1 + rate_per_period * (type)));

} else if(number_of_payments != 0.0){

// No interest rate, but number of payments exists

return -(future_value + present_value) / number_of_payments;

}

return 0;

pmt(0.0675/12,12*30, 200000, 0, 0);

well to make it more simpler I tried something simpler than everything

var loan_amount = {!total_loan_amount};

var interest_rate = {!interest_rate};

var loan_term = parseInt({!loan_term#value});

var rate = interest_rate/(100*12);

var r = rate + 1;

var calc = 1-(Math.pow(r, -(loan_term)));

var payment = (rate/calc)*loan_amount;

payment = payment.toFixed(2);

if (payment == "Infinity" || payment == "NaN") return "Cannot be computed because Loan Term is null."

else return "$"+payment ;