by Stephen Nicholas (1 Submission)
Category: Custom Controls/Forms/Menus
Compatability: Visual Basic 5.0
Difficulty: Unknown Difficulty
Originally Published: Mon 2nd July 2007
Date Added: Mon 8th February 2021
Rating: 
(1 Votes)
Calculates Compounded Maturity Amount given the principal, rate and period
VBcoders
Dim principal As Integer
Dim intRate As Integer
Dim years As Integer
Dim interest As Integer
Private Sub Form1_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
End Sub
Private Sub Principal_Amount_Changed(ByVal sender As Object, ByVal e As System.EventArgs) Handles PrincipalAmount.TextChanged
CalculateFinalTotal()
End Sub
Private Sub Interest_Rate_Changed(ByVal sender As Object, ByVal e As System.EventArgs) Handles InterestRate.TextChanged
CalculateFinalTotal()
End Sub
Private Sub Years_Deposited_Changed(ByVal sender As Object, ByVal e As System.EventArgs) Handles YearsDeposited.TextChanged
CalculateFinalTotal()
End Sub
Private Sub CalculateFinalTotal()
If PrincipalAmount.Text = "" Or InterestRate.Text = "" Or YearsDeposited.Text = "" Then
TotalAmount.Text = ""
Else
principal = CInt(PrincipalAmount.Text)
intRate = CInt(InterestRate.Text)
years = CInt(YearsDeposited.Text)
interest = CalcInt(principal, intRate, years)
TotalAmount.Text = interest
End If
End Sub
Function CalcInt(ByVal P As Integer, ByVal R As Integer, ByVal N As Integer) _
As Integer
Return P * (1 + R / 100) ^ N
End Function
End Class
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