please help me how to calculate interest on loan under diminishing balance method.... its very urgent...
prinicpal loan amount - 500000
terms 48 months
monthly instalment 15730
very urgent please
Menu
very urgent.............. please giv me solution
Replies (2)
there must be some rate of interest???
Total Payment = 48 * 15730= 755040
Interest = 755040 - 500000 = 255040.
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
