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CMA data

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12 Points Posted on 30 November 2018
My term loan 3lacs
Int rate 10%
Repayment (No. of instalment) 20qtr


so instalment amount comes to 15000 per quarter... how to calculate interest paid on above?
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On 30 November 2018 at 16:12 Report
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12 Points Posted on 30 November 2018
how to calculate?
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On 30 November 2018 at 16:27
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teaching
2046 Points Posted on 30 November 2018
there is an error in your query. check all the numbers once again.
either error in loan amount or installment amount.
as per your data, in 20 installments only principal amount can recover. what about interest???
7 Reply
On 30 November 2018 at 19:30
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12 Points Posted on 30 November 2018
Satishji no error
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On 30 November 2018 at 21:34
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Manager @ CA Parmeswaran & Co.
168 Points Posted on 30 November 2018
You can easily find a EMI calculator in google, if there is any doubt I can share u a Excel working
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On 30 November 2018 at 23:05
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teaching
2046 Points Posted on 01 December 2018
k. is term loan includes interest
7 Reply
On 01 December 2018 at 08:05


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