Loan amount
$
Payment amount
$
Interest rate
%
Number of time periods
Rate of interest compounded
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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