Hi
I have a scenario like we need to calculate premium amount for a perticular year.
if the year in integer for eg 4
Year
amt
1
amt/(1+rt_fct)
2
(amt*(1+rt_incr_fct)*1)/(1_rt_fct)^2)
3
(amt*(1+rt_incr_fct^2)*1)/(1_rt_fct)^3)
4
(amt*(1+rt_incr_fct^3)*1)/(1_rt_fct)^4)
If the year In decimal like 3.8 then
Year
amt
1
amt/(1+rt_fct)
2
(amt*(1+rt_incr_fct)*1)/(1_rt_fct)^2)
3
(amt*(1+rt_incr_fct^2)*1)/(1_rt_fct)^3)
4
(amt*(1+rt_incr_fct^3)*.8)/(1_rt_fct)^4)
Assume amt from one table,Year from another,And the other attributes from one table.the max year in db is 20.I tried with procedures. But its showing an error like no more room in database.is there any other way to do this without using procedures. Can you please help me??