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An interest calculator is used to determine the amount of interest to be payed on a form of loan or investment. The principal is multiplied by the interest rate and how the interest compounds is factored in to provide an accurate assessment of interest either payed or received by the persons or entities involved.

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โˆ™ 2013-02-28 16:39:11
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Does an auto loan calculator include interest?

An auto loan calculator can only calculate interest if you input the interest data. Otherwise, the calculator has no idea of knowing how much the interest is.


What is the purpose of the calculator?

The purpose of the calculator is to help people with their mathimatical difficulties.


Where can I get an interest rate calculator?

There is an interest rate calculator available for use at the web site for Ally Bank. Another web site that has an interest calculator is bankrate.com.


What is a dividend calculator used for?

A dividend calculator helps you figure out your returns. You will plug in interest, rate, and the amount, and it will calculate the payments you will receive.


What is the purpose of an interest only mortgage calculator?

The purpose is to help determine the amortization schedule would be for an interest only mortgage. It also helps determine how principal payments made to reduce the mortgage balance will affect the schedule.


What is the purpose of a student loan calculator?

A student loan calculator's purpose is to estimate the size of your monthly payments when you get a student loan. It will also help you find out how much you will end up paying in interest and how long it will take to completely repay the loan.


Where can one find a mortgage calculator for interest only?

An online website called Bankrate provides a mortgage calculator for interest only. 'Good Mortgage' and 'Mortgage Calculator' also are good places to find a mortgage calculator for interest only.


What is an Investment Interest calculator?

An investment interest calculator will calculate the amount of interest that you will have to pay on an investment on a home, car, or other type of big expense.


Where can I find a decent interest rate calculator online?

The best place to find a decent interest rate calculator online is on the Calculator.net website. There is also a good interest rate calculator at Money Chimp.


Where to find an interest calculator online?

You can find an interest calculator by logging into your bank account. Once you are logged in you will be able to find various tools to help you with calculating various aspects of your finances, including an interest calculator.


What is a Compound interest calculator?

A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.

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