ECMAScript Version: 5 6

Source type: script module

Javascript code

Scopes

escope v, esprima v

let calculateAmortization = (principal, years, rate) => { let {monthlyRate, monthlyPayment} = calculateMonthlyPayment(principal, years, rate); let balance = principal; let amortization = []; for (let y=0; y<years; y++) { let interestY = 0; //Interest payment for year y let principalY = 0; //Principal payment for year y for (let m=0; m<12; m++) { let interestM = balance * monthlyRate; //Interest payment for month m let principalM = monthlyPayment - interestM; //Principal payment for month m interestY = interestY + interestM; principalY = principalY + principalM; balance = balance - principalM; } amortization.push({principalY, interestY, balance}); } return {monthlyPayment, monthlyRate, amortization}; };

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