Discount Calculations

Robert H. Clugston ( (no email) )
Tue, 17 Mar 1998 15:57:23 -0800

Dear Dale,
I noticed that you calculate a semi-annual payment discount by first
taking out the discount then multipling it by the number of months. For
some reason it's seems more logical to first multiple the payment by the
number of months then take out the percentage. For example if I wanted to
give 6 months for the price of 5:

16.67% discount for 6 months = 99.75
16.67% discount for 6 months = 99.72 (with emerald)