Paste: payments

Author: fred
Mode: factor
Date: Wed, 31 Dec 2008 20:37:08
Plain Text | 
USING: io kernel math math.parser ;
IN: payments

: interest-rate ( -- rate )
    .02 12 / ;

: initial-balance ( -- balance )
    500 ;

: total-to-pay ( -- amt )
    587 ;

: number-of-payments ( -- n )
    6 ;

: monthly-payment ( -- payment )
    total-to-pay number-of-payments / ;

: collect-interest ( rate balance -- rate balance )
    2dup * + ;

: payment ( rate balance payment -- rate balance payment )
    [ collect-interest ] dip [ - ] keep ;

: do-it ( -- )
    interest-rate initial-balance monthly-payment
    number-of-payments [ payment ] times rot 2drop number>string print ;

Annotation: simplified

Author: fred
Mode: factor
Date: Wed, 31 Dec 2008 21:30:21
Plain Text | 
USING: io kernel math math.parser ;
IN: payments

: interest-rate ( -- rate )
    .02 12 / ;

: initial-balance
    500 ;

: total-to-pay
    587 ;

: number-of-payments
    6 ;

: monthly-payment ( -- payment )
    total-to-pay number-of-payments / ;

: collect-interest ( balance -- new-balance )
    dup interest-rate * + ;

: payment ( balance -- new-balance )
    collect-interest monthly-payment - ;

: do-it ( -- )
    initial-balance number-of-payments [ payment ] times
    number>string print ;

MAIN: do-it

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