I am new to sas. I am trying to run following code. It runs for ever. What am I doing wrong? I am tryting to see how many years it takes to payback loan.
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
do until (loan_end=0);
years+1;
loan_end=loan-payment;
end;
run;Thanks in advance.
run;
In @Shmuel's example the value of loan_end is always loan-payment, 28500, hence it never lowers down to 0 or less. Update this to :
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
loan_end=loan;
do until (loan_end le 0);
years+1;
loan_end=loan_end-payment;
end;
run;
So we set loan_end to be loan, then take payment off loan_end each time, so loan_end goes down We could alos write it as:
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
do until (loan le 0);
years+1;
loan=loan-payment;
end;
run;
Basically you need to ensure the condition in the until is triggered, which as it was being created each round never happened.
Try:
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
do until (loan_end LE 0);
years+1;
loan_end=loan-payment;
end;
run;
Why do you need the loop, it is a simple calculation:
data loan; initial_payment=1000; loan=30000-initial_payment; payment=500; years=loan / payment; run;
As for why it does not work, well, your condition loan_end le 0 must never be true.
In @Shmuel's example the value of loan_end is always loan-payment, 28500, hence it never lowers down to 0 or less. Update this to :
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
loan_end=loan;
do until (loan_end le 0);
years+1;
loan_end=loan_end-payment;
end;
run;
So we set loan_end to be loan, then take payment off loan_end each time, so loan_end goes down We could alos write it as:
data loan;
initial_payment=1000;
loan=30000-initial_payment;
payment=500;
years=0;
do until (loan le 0);
years+1;
loan=loan-payment;
end;
run;
Basically you need to ensure the condition in the until is triggered, which as it was being created each round never happened.
April 27 – 30 | Gaylord Texan | Grapevine, Texas
Walk in ready to learn. Walk out ready to deliver. This is the data and AI conference you can't afford to miss.
Register now and save with the early bird rate—just $795!
Learn how use the CAT functions in SAS to join values from multiple variables into a single value.
Find more tutorials on the SAS Users YouTube channel.
Ready to level-up your skills? Choose your own adventure.