Re: Long Shot Question

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On Tuesday 19 September 2006 10:20, Jay Blanchard wrote:
> [snip]
> This seems like a somewhat standard calculation for loans and interest
> bearing accounts. Does anyone know how to calculate the graduation
> factor?  I've been able to figure out it's based off the loan term, loan
> balance, and initial interest rate.
> [/snip]
>
> It is called amortization ...

I should have known that ;)  That's what happens when you're looking too 
closely at a problem.

thanks!

-- 
Ray Hauge
Programmer/Systems Administrator
American Student Loan Services
www.americanstudentloan.com
1.800.575.1099

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