Eg 1.
data compound;
Amount=50000;
Rate1=.075;
Yearly=Amount*Rate1;
do i=1 to 12;
Monthly+((Monthly+Amount)*(Rate1/12);
end;
run;
proc print data=compound; run;
output:
O Amt Rate1 Yrly Mnthly
1 | 50000 | 0.075 | 3750 | 1261.77 |
---|
Why isn't I = 13 in the output?
Eg 2.
Here yearly does in fact show in the output and is incremented +1 _n_ ....
data invest;
Capital=0;
do Year=2001 to 2003;
Capital=5000;
Capital+(Capital*.075);
end;
run;
proc print data = invest; run;
Output:
O Cap Yr
1 | 5375 | 2004 |
---|
Because the typo in the first data step makes it not run. So it didn't overwrite the previous version of the data set named COMPOUND.
1244 Monthly+((Monthly+Amount)*(Rate1/12);
-
79
ERROR 79-322: Expecting a ).
That is correct.
BTW you may want to investigate financial functions in the SAS help. They can save a lot of coding for common calculations.
Are you ready for the spotlight? We're accepting content ideas for SAS Innovate 2025 to be held May 6-9 in Orlando, FL. The call is open until September 25. Read more here about why you should contribute and what is in it for you!
Learn the difference between classical and Bayesian statistical approaches and see a few PROC examples to perform Bayesian analysis in this video.
Find more tutorials on the SAS Users YouTube channel.