0
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
Add your answer:
Earn +20 pts
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?
8
What describes a annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate.
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
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
What is the formula for calculating interest coverage ratio?
operating income vefore interest and income taxes / annual interest expense
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 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.
Capital ending formula?
The formula for calculating the future value of an investment with compound interest is FV = PV x (1 + r)^n, where FV is the future value, PV is the present value, r is the annual interest rate, and n is the number of periods. This formula helps determine how much an investment will grow over time.
What has the author Nigel Mansell written?
Nigel Mansell has written: '2001 Formula One Annual' '2001 Formula One Annual (Annuals)'
Formula for average annual profit?
Total Cash Flow / 5years = Average Annual profit
How do you calculate capitalized value?
Capitalized value, or cost, is the sum of the all ANNUAL equivalent revenue payments and/or costs, divided by the interest rate involved, for infinite compound periods. Basically, how much revenue that project will generate or require if it is needed indefinitely long.Factor tables make calculating the annual equivalent values fairly easy. The formula for calculation is:A( 1/i )Where A is the sum of annual equivalent values and i is interest rate.
