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gautamdvndr
Calcite | Level 5
  1. In a fixed term deposit of 25 years calculate the total amount at the end of term with initial amount of $5,00,000 and annual interest rate of 7%. i) compounded annually ii) compounded monthly. Show the amount accrued at monthly
3 REPLIES 3
Astounding
PROC Star

How much of this do you already know how to do?  Can you find out the original amount?  The total after 1 year (compounded annually)?

MarkWik
Quartz | Level 8

@gautamdvndr Please try to build the logic as suggested in the thread you posted before this

 

https://communities.sas.com/t5/Base-SAS-Programming/do-loop/m-p/464436

 

Also, you can edit your additional requirement in the same question in the same thread for ease of follow up by community users

 

Ksharp
Super User

Check function   finance()

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