Microsoft Office Standard for PC "loan interest calculations" Questions

...interest (Rate), 2. Number of periods (Nper) and 3. Value of loan or present value (Pv) in that order, that is, PMT (Rate, Nper, Pv) If you want to find EMI for 1 lakh at 10% annual interest for 10 ...

...loan' Interest rate: 12.5% p.a, Simple interest on 'Daily diminishing balance'. Interest is added to Priniciple (loan) amount on the last day of each month. Interest is calculated on the basis of 365 ...

...loan) The interest rate on your loan is the percentage of the principal, or overall loan amount, that you'll have to pay back to the lender on top of the principal. This is calculated many times over ...

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