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SAS Introduction
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SAS Compound

SAS Compound Function Example

What is it?

Syntax:

  • Compound(Amount, Future Value, Rate, Number of Periods);

SAS Compound Function:


 SAS Compound Example:




Data work.my_data_file;

    Result_1 = Compound(2000, .,0.09/12,30);
    Result_2 = Compound(., 2502.5435276,0.09/12,30);
    Result_3 = Compound(2000, 2502.5435276, ., 30);
    Result_4 = Compound(2000, 2502.5435276,0.09/12,.);

Run;





What's happening in the script above?

  • The above compound examples are each calculating the missing element/parameter in the compound function.


Compound Function Examples:

Variable Input Output Description
Result_1 2000, .,0.09/12,30 2502.5435276 Function Returned the Future Value
Result_2 ., 2502.5435276,0.09/12,30 2000 Function Returns Amount
Result_3 2000, 2502.5435276, ., 30 .0075 Function Returns the Rate
Result_4 2000, 2502.5435276,0.09/12,. 30 Function Returns the number of periods

See also; Savings Function

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