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All,
This is more of a general programming question, but I am posting to this group to see if I can get help with the answer. I have a public function that sums the future values (fv) of investments, using a given rate of return (r). For example, the syntax is "fv(r)", where "fv(0.03)" would return the future values at an annual growth rate of 3%. Now, suppose the value returned is 30,000 but the actual value I was expecting was 50,000 (val). I need a procedure to: 1) increment r, 2) pass it to fv, and 3) iterate through 1 and 2 until the fv function returns a value "close to" val. What I have so far (see below) works well, but is ugly. Is there a more elegant way to do this iteration? Thanks, Chris VBA: 'Start by guessing at 3% s = 0.03 If fv(s) < val Then Do 'increment by whole percents s = s + 0.01 Loop Until fv(s) val 'oops ... too far ... back out a percent s = s - 0.01 Do 'increment by a tenth percent s = s + 0.001 Loop Until fv(s) val 'oops ... too far ... back out a tenth percent s = s - 0.001 Do 'increment by a hundredth percent s = s + 0.0001 Loop Until fv(s) val 'oops ... too far ... back out a hundredth percent s = s - 0.0001 Else ' Code here if guess is too high End If |
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