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Posted By

vinotht on 05/16/11

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Last Edited at 05/16/11 02:49am

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Using a compound String to get a reference to Flex 3 object

Compound Interest

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Calculating Compound Interest. Real time [Compound Interest Calculator](http://ncalculators.com/interest/compound-interest-calculator.htm "Real time result")

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  1. function(year,amount,interest,frequency){
  2.  
  3. 	var compound_int=0;
  4.  
  5. 	var interest1=parseFloat(interest/(frequency*100));
  6.  
  7. 	var val=parseInt(amount)*Math.pow((1+interest1),(frequency*year));
  8.  
  9. 	return val;
  10.  
  11. }

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