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Equated Annual Installment = Loan Amount/PVIF(Interest&Time Period)
Ex : Loan Amount Rs. 5,00,000
Interest Rate 8%
Time period 5 equal instalments
The Answer will be EAI = 5,00,000/PVIF(8%.5)
This Implies EAI = 5,00,000/3.9927
The Answer will be EAI = 1,25,228.20
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The formula for computing interest on a note is principal of the note times the annual interest rate times time expressed in years?
I = (P x T x R)/100
The basic formula for computing interest on an interest-bearing note is face value of note x annual interest rate x time in terms of one year equals Interest?
(Face Value of Note) x (Annual Interest Rate) x (Time in Terms of One Year) = Interest
What is annual interest?
Annual interest is interest that accumulates every year. This is a predetermined percentage that is added to a loan or credit card payment.
What is John's annual yield when John buys a 1000 bond that pays 6 percent annual interest at 75?
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You deposit $200 per year in a bank account that offers an annual interest rate of 6. After 5 years your total earnings in interest are?
To calculate the total earnings in interest after 5 years, you can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the amount of money accumulated after n years, P is the principal amount ($200 in this case), r is the annual interest rate (6% or 0.06), n is the number of times that interest is compounded per year (assuming yearly compounding here), and t is the number of years the money is invested for (5 years). Plugging in the values, we get A = 200(1 + 0.06/1)^(1*5) = 200(1.06)^5. Calculating this gives you the total amount accumulated after 5 years. Subtracting the initial deposit of $200 per year for 5 years will give you the total earnings in interest.
What is the formula for calculating annual insurance premiums?
P=2rb
What is the formula for calculating forward FX?
The formula for calculating forward FX is Forward price - SpotÊÊprice x 12 x 100. This is used to compute the annual forward premium.Ê
What is the formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR)?
The formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR) is: EAR (1 (APR/n))n - 1 Where: EAR is the effective annual rate APR is the annual percentage rate n is the number of compounding periods per year
Below is the formula for calculating the number of years it takes for a population to double This formula uses the percent annual population growth rate or r If a country has an annual population g?
34 years 41 years
How can I find the APR formula?
The formula for calculating the Annual Percentage Rate (APR) is: APR (Interest Fees) / Principal x 365 / Days loan is outstanding
What is the formula for calculating interest coverage ratio?
operating income vefore interest and income taxes / annual interest expense
What is the formula for calculating the monthly dividend for Realty Income using a realty income monthly dividend calculator?
The formula for calculating the monthly dividend for Realty Income is: Monthly Dividend Annual Dividend / 12. You can use a Realty Income monthly dividend calculator to easily determine the amount.
How can you calculate a motorcycle's depreciation value?
Formula for calculating depreciation value Annual depreciation value = (Total cost - salvage value (if any) ) / useful life
What is the formula for calculating APR?
Assuming you mean Annual Percentage Rate, you can find the formula, as well as a handy calculator via the page link, further down this page, listed under Sources and Related links. .
What is the Google Sheets formula for calculating compound interest?
The Google Sheets formula for calculating compound interest is: P(1r/n)(nt) - P, where P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
What is the formula for insurance premium calculation?
The formula for calculating insurance premium uses the DRF and the 6-month basic rate. It is:p = 2rbwhere p is the annual premium, r is the DRF, and b is the 6-month basic rate.
What is the formula for annual premium?
Annual Premium= Annual Base Premium * Driver-Rating Factor To get annual base premium the formula is... Annual base Premium= Liability Premium + Collision Premium + Comprehensive Premium.
