Harley,
It's hard to tell which LabVIEW functions you're familiar with and which you aren't, so apologies if I suggest something you're already aware of. I think more detail on exactly what you're trying to do might help.
One thought is to check out the Analyze >> Mathematics >> Formula palette and make sure you are aware of all the options there. If your main problem is the evaluation of a complicated multi-variable expression, then a good solution is Eval Multi-Variable Scalar.vi (on the Advanced subpalette of the Formula palette).
One thing that's not clear is why a more complicated mathematical expression, or the need to iterate many times, is a problem. Neither aspect really should make your effort much more difficult, assuming you've found the LabVIEW tools to accomplish the core task.
Hope that helps,
John