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Calculation (Discount in pricing)

Explorer ,
Dec 22, 2022 Dec 22, 2022

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Hi, I want this calc (percentage)

in pdf form. Can someone solve,
I need your help again, I tried but didnt figure out. Again hopefully experts would help me. details are below. Regards: Mishi

I tried this :

var ir = Number(this.getField("InterestRate").value);
var dp = Number(this.getField("DiscountPointsCharged").value);
var pr = Number(this.getField("PerRateUndiscounted").value);


if (pr <= dp) {

event.value = "";

} else {
event.value = (pr - ir) / dp *100;
}

https://drive.google.com/file/d/1vZNxaXV1huh5sMavtvPZYa-khed1tRao/view?usp=share_link 

Formula & Details:

Par Rate is defined as the interest rate that applies if no discount points are paid. This will be higher than the discounted rate.

Buy Down Percent is defined as the amount of reduction to the interest rate (Par Rate minus Interest Rate) divided by Discount points, then multiplied by 100. i.e. Par rate is 3.5, discounted rate is 3% and points charged is 1.5%. (3.5-3.0) / 1.5 *100 = 33.33%.
NOTE: AWS requires a 10% buy down percent as a benefit to the consumer to charge discount points.

 

per.png

TOPICS
Acrobat SDK and JavaScript , Windows

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correct answers 1 Correct answer

Explorer , Dec 22, 2022 Dec 22, 2022

There was a typo error but now fixed. Thank you so much for response

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Community Expert ,
Dec 22, 2022 Dec 22, 2022

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What is the issue with the script?

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Explorer ,
Dec 22, 2022 Dec 22, 2022

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LATEST

There was a typo error but now fixed. Thank you so much for response

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