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If TDS is paid for the 1st Quater is paid as on 15/07/09 then how to calculate interest on TDS amount? does the interest for 3 months on the amount for april,09: interest for 2 months on the amount for the month of may,09 and the interest on june month for 1 month?

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I have a figure of 76160.00 how do I determine the percentage interest charged in this figure


its a lot of calculations you can try a per month system
loan givers do interest calculations daily

interest is added to your loan after you pay
so adds to the loan amount and increases the interest payment
every amount shown on the loan account has to be worked out

Interest Only

Apr 29, 2017 | The Office Equipment & Supplies

1 Answer

How much is intereston 1 varable 2 fixed rate


interest is interest
fixed is calculated yearly on the principle and is paid 365 days time
variable changes and is calculated daily ( 1/365 part of the interest rate ) and added to the remaining principle monthly
so if you have a loan of $1000.00 on fixed interest of 10% , regardless of how much you have repaid in a 12 month period , it is 10% of the principle loaned
with a variable interest the interest rate could be 10% today, 15% in 2 months time or 6% later on
it is variable
to add to that it is calculated on a daily basis (1/365 of 10%) and added to the principle left after receiving a payment on the loan
so for a $1000.00 the interest is added to that principle at the end of the month if there is no loan repayment or is added to the principle balance after a payment
the difference is that a variable interest rate loan will allow you to save money if you pay off well before the period of the loan but will add almost 2 to 3 times the loan if you pay the absolute minimum for the period of the loan
a fixed rate is where you know exactly the total interest to be paid at the end of term

May 09, 2016 | Computers & Internet

1 Answer

How to calculate npv


Hi there,

To calculate present value you need to type in all the other missing values and then press COMP and PV.
For example: if the future value is R5000, the interest is 12% p.a. compounded monthly and it paid over 3 years.
Type in 5000 and press FV
type in 12 and I/Y
Press 2nd F and I/Y and make sure P/Y says 12 (for 12 payments per year).
Press ON
press 3 press 2nd F N and then press N again (for 36 payments in total). Make sure your screen says ANS -> N otherwise the calculation will not work.
Now if if your payments are 0 (in other words you are not making monthly payments) then press 0 and PMT,
Otherwise, if you are making monthly payments for e.g. R200 a month, type in +/- 200 PMT.
Now calculate your original amount by pressing COMP PV.
If you made no payments your original amount should be -3494.62
And if you chose to add payments your original amount should be
2 526.88.

May 30, 2014 | Sharp EL-738 Scientific Calculator

1 Answer

How to calculate interest rate based on original balance and payment amount using BA II Plus


Work with the simple formula: Interest = Initial * rate * time
To find the total amount, add the Initial plus the Interest, then subtract what has been paid. This will change the amount of money that will be accruing interest, though, so if there is a payment schedule you will need to repeat this calculation to get an exact number.
Find more information on wikipedia: http://en.wikipedia.org/wiki/Interest#Simple_interest

Mar 07, 2011 | Texas Instruments BA-II Plus Calculator

1 Answer

Need a formulae for 'Interest calculation' for 'Over-draft loan'


Try this formula=((A1)*(1+A2))-A3 Where: A1 is the original Balance A2 is the interest rate A3 is the money paid for the preceding month

Apr 02, 2009 | Microsoft Excel for PC

2 Answers

How is interest calculated on recurring deposit accounts in banks


Recurring deposit interest is calculation may vary depends on compounding period. You have to invest an amount every month interest will be calculated for the current holding in your recurring deposit account. And every compounding period interest amount will be added into holdings or available balance. You can calculate the Recurring deposit using this recurring deposit calculator

Mar 26, 2009 | Computers & Internet

2 Answers

Loan Balance


set your p/y to 12( compounding periods per year). I think you are calculating for a one year loan?

Nov 18, 2008 | Texas Instruments BA-II Plus Calculator

1 Answer

COMPOUND INTEREST CUMULATIVE AMOUNT


after 3 years u wil get rs 43692..

Aug 29, 2008 | Office Equipment & Supplies

1 Answer

Rate of interest of post office MIS after three months of maturity.


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Aug 01, 2008 | Office Equipment & Supplies

1 Answer

Interest only payments


I gave up using the Texas BA II. I used an on-line mortgage calculator for interest only. I was able to get a full printout.
I would like to learn more about the BA II and how to do this type of math on it.
Thank you

Mar 02, 2008 | Texas Instruments BA-II Plus Calculator

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