CobolIQ | BankDemo-1 Core Engine

Loan Amortization

BBANK70P

Calculates monthly payment using bit-perfect IBM Z rounding logic.

Principal Amount ($)

Annual Interest Rate (%)

Term (Months)

Illustrative

Standalone daily-interest formula for demo purposes. Not extracted from the BankDemo-1 COBOL source.

Current Balance ($)

Annual Rate (%)

BBANK50P

Execute inter-account CICS transfer transactions.

From Account

To Account

Amount ($)