CALCULATING AN AMORTIZATION SCHEDULE
M monthly payment P amount borrowed r annual interest rate n total number of monthly payments 13 Using the formula below, determine the monthly payment on a 5-year car loan with a monthly percentage rate of 0.625% for a car with an original cost of $21,000 and a $1000 down payment, to the nearest cent. Pn PMT 1 (1 i) n i Ê Ë ÁÁ ÁÁ ................
................
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- how daily simple interest works onemain financial
- lesson 10 2 monthly payment and total interest
- how to calculate monthly payments in excel
- calculating an amortization schedule
- compounding quarterly monthly and daily
- formula sheet for financial mathematics
- examview b jmap
- explanation of simple interest calculation
Related searches
- free amortization schedule calculator
- free printable amortization schedule template
- loan amortization schedule calculator
- mortgage amortization schedule printable
- amortization schedule enter monthly pay
- amortization schedule printable
- amortization schedule with payment adjustment
- free amortization schedule printable
- amortization schedule with extra payments
- amortization schedule with known payment
- amortization schedule with payment input
- amortization schedule with extra payme