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10
Number of calculations
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Formula
B = ( A * (1+r)n) – [ (P/r) * ((1+r)n – 1 ) ]
- B = Balance Amount;
- A = Loan Amount;
- P = Payment Amount;
- r = Rate of Interest (compounded);
- N = Number of time periods.
Начисление процентов:
- Monthly: r = i / 1200
- Quarterly: r = i / 400
- Half yearly: r = i / 200
- Yearly: r = i / 100