
Economics Economics Forum  Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance 
 LinkBack  Thread Tools  Display Modes 
May 12th, 2013, 03:39 AM  #1 
Newbie Joined: May 2013 Posts: 1 Thanks: 0  Due date formula
I am looking for help creating a formula to calculate a "payment due" date. Here are the rules It has to follow: The date has to fit for a 9 payment series over a 10 month period There is a 20 day + grace period 1 month can have 0 payments I am not sure if this can be solved with a formula. 
May 12th, 2013, 01:07 PM  #2  
Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 14,597 Thanks: 1038  Re: Due date formula Quote:
What does "+" mean? "grace period" means no interest charged? The way you word the question, it is possible for the 9 payments to be made on the last 9 days of the 10 month period... Please give an example.  

Tags 
date, due, formula 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Help needed to find a date algorithm  glennroast  Computer Science  2  September 20th, 2011 04:09 AM 
What Fraction of 365 Does a Date Represent?  Xhin  Number Theory  16  September 8th, 2010 05:16 AM 
De Moivre's formula and Newton's binomial formula  agro  Probability and Statistics  3  August 27th, 2009 06:17 AM 
Wedding date formula  martsch  Algebra  2  June 11th, 2009 04:27 AM 
Formula Help  NuNu_dagobah  Abstract Algebra  0  December 31st, 1969 04:00 PM 