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How to calculate interest?

Pmt/principal


How do we calculate interest PART and principal part in an EMI?

http://blog.investraction.com/2007/04/emi-principal-and-interest-calculator.html


How do you calculate the principal and interest payment for a loan?

To calculate the principal and interest payment for a loan, you can use the formula: Payment Principal x (Interest Rate / 12) / (1 - (1 Interest Rate / 12)(-Number of Payments)). This formula takes into account the loan amount (principal), the interest rate, and the number of payments.


How do you calculate the centroid of a rectangular solid?

It is the point where the principal diagonals meet.


The beginning amount used to calculate interest?

it is the principal amount... i.e., the amount for which u have to calculate the interest Enjoy!! Kush


What is the monthly principal and interest fee?

At www.HSH.com you can quickly calculate what your principal and interest will be on the life of your loan. Just enter the information asked for and the calculator will do the work for you.


How do you calculate the monthly principal payment on a loan?

To calculate the monthly principal payment on a loan, you can use the formula: Monthly Payment Total Loan Amount / Loan Term in Months. This will give you the amount of principal you need to pay each month to gradually pay off the loan over the specified term.


What is the principal reduction formula used to calculate the decrease in the original loan amount?

The principal reduction formula calculates the decrease in the original loan amount by subtracting the payment made towards the principal from the original loan balance.


How do you calculate the Principal repaid after a period of time on a loan?

get the difference of interest rate and monthly periodic payment


How can you calculate your CD interest rate?

To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.


How do you compute current portion of long term loan?

calculate the principal due in one year together with the interest payable.


Calculate the simple interest on a loan with a principal of 6.000 an interest rate of 7.39 percent and a term of four years?

1,773.60