Emi calculation technique


This query is : Resolved 

25 August 2012 MY BOSS IS TAKING AUTO LOAN OF 100000
HE TOLD ME THAT EMI FOR 36 MONTHS IS 3250
AND HAS TOLD ME TO COME UP WITH INTEREST RATE AND EXACT CALCULATION SHEET FOR EMI

I WILL BE THANKFUL FOR YOR HELP

VIKAS GOYAL (Expert)
25 August 2012 Finance amt 100,000
No. of Months 36
Rate of Interest 10.50%
EMI 3,250

25 August 2012 PL TELL HOW HAVE YOU CALCULATED INTEREST RATE SO I COULD LEARN ALSO

VIKAS GOYAL (Expert)
25 August 2012
Check the Link below. it will tell about the Calculation method in Excel

https://www.naveen.info/2009/06/21/how-to-calculate-emi-download-excel-emi-calculator/


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