Mode:
Duration:
1
Coding works best on desktop or with an external keyboard.
Coding works best on desktop or with an external keyboard.
Calculate present value of a fixed annuity.
DECLARE
payment NUMBER := 100;
rate NUMBER := 0.05;
n_periods NUMBER := 5;
pv NUMBER := 0;
BEGIN
FOR i IN 1..n_periods LOOP
pv := pv + payment / POWER(1 + rate, i);
END LOOP;
DBMS_OUTPUT.PUT_LINE('Present Value of Annuity: ' || pv);
END;Oracle Forms is a software product for creating screens that interact with an Oracle database. PL/SQL is Oracle's procedural extension to SQL, allowing developers to write business logic, triggers, and stored procedures inside the database. Together, they provide a robust environment for developing enterprise applications.
Origin & Creator
Oracle Corporation developed Oracle Forms in the late 1980s as a rapid application development tool for Oracle databases. PL/SQL was introduced in 1991 to extend SQL with procedural programming.
Industrial Note
Oracle Forms + PL/SQL is niche to Oracle database environments, mainly used in legacy enterprise applications, internal ERP, and large-scale administrative systems.