110814 LOANS Version: V1.0, October 1985 Submitted by: James H. Norman, US Army, White Sands Missile Range, NM Operating System: RSX-11M V3.2, RT-11 V4.0, VAX/VMS V4.0 Source Language: FORTRAN IV Memory Required: 1450KW Keywords: Business Applications Abstract: LOANS is a program to compute a repayment schedule of a loan. The user inputs the loan amount, the interest rate, and the length of the loan. The program then computes the monthly payment, the amount applied to the principal, the amount of interest paid and the loan balance. The output is a disk file which contains a table of the above values. The total interest paid on the loan is written at the end of the table. The file may be listed on a terminal or printed on a line printer. A rounding routine is included to round each value to the nearest cent. Media (Service Charge Code): One RX01 Diskette (KA) Format: RT-11, 600' Magnetic Tape (MA) Format: RT-11