Calculation of interest on term loan in project work
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2012
hello,
i am preparing a project report for obtaining bank loan. can u please explain how to calculate the monthly repayment schedule of the loan with fixed monthly repayment of principal....? suppose the principal is rs.100000 at the rate of 13% with a fixed principal repayment of rs. 4167 over a period of 2 years? please help
i am preparing a project report for obtaining bank loan. can u please explain how to calculate the monthly repayment schedule of the loan with fixed monthly repayment of principal....? suppose the principal is rs.100000 at the rate of 13% with a fixed principal repayment of rs. 4167 over a period of 2 years? please help
19 June 2012
make an excel file that suits your criteria and work out the payments.
I can fwd the same should you want!
kishore.bolisetty8080@gmail.com
I can fwd the same should you want!
kishore.bolisetty8080@gmail.com
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