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	Loan payment formula		2019-02-24
		Kenneth pose la question : I have a question regarding the loan payment formula shown below. Calculating the Payment Amount per Period The formula for calculating the payment amount is shown below. Simple Amortization Calculation Formula A = P X r(1 + r)n over (1 + r)n - 1 where A = payment Amount per period P = initial Principal (loan amount) r = interest rate per period n = total number of payments or periods Is this formula/calculation a condensed version of a longer calculation? I am curious to know how the (1 +r)n - 1 was developed from the longer calculation. For example, r(1 + r)n may have been (r + rn)n. The n's are exponents. I thank you for whatever helpful explanation that may be provided. Kenneth Harley Weston lui répond.
	A loan		2010-06-16
		melody pose la question : LOAN: 1000 TERM: 2 years INTEREST: 2% (per month) AMOUNT: ??? what is he formula of solving this and what is the answer.. Robert Dawson lui répond.
	A car loan		2009-05-06
		Cindy pose la question : A person takes out a car loan in the amount of $11,170.00 @ 4.5% interest. The person makes 17 payments of $500.00, then for the 18th payment (this person 'finds' some $) and pays off the whole thing. How much was their last (18th) payment? How much overall did they pay in principle? and interest? The person who made the initial loan then takes $11,156.25 and places it into a High Interest Savings Account @ 2.25% annually on Nov 18, 2003. How much is now in the High Interest Savings Account if no futher funds have been added to the account and no withdrawls have been made? Thanks for your help with this. I have been trying on and off for 3 years to figure this out. C Robert Dawson lui répond.
	$16000 at 7% per annum for six months		2008-05-21
		Delbert pose la question : If my principal balance if $16000.00 and I paid 7% interest per annum but only kept the loan for 6 months How much interest would I owe after 6 months. Harley Weston lui répond.
	Total payments for a loan		2007-10-11
		Robin pose la question : A person is going to arrange a loan at 3 mill. he will pay 150000 back each year , so it take 20 yrs. to finish. In addition he pays 5% interest of what is leaft each year. How do I find the sum-function which shows the total sum he have payed? Stephen La Rocque lui répond.
	Paying off a loan		2007-08-08
		Iona pose la question : I borrowed $6000. 00 from a friend to pay school fee. He said I should not pay back any interest but pay $350.00 monthly after graduation. (1) Make an equation from the above (2) make a graph (3) what is the relationship between the months after graduation and the loan? (4) what is the horizontal and vertical intercept relate to the problem? Stephen La Rocque lui répond.
	Compound interest		2007-07-11
		Michelle pose la question : Present Value of $1500 to be paid in Year 7, with an interest rate of 12% Stephen La Rocque lui répond.
	How much money can I borrow if I have $5 000 for a deposit?		2006-04-19
		Chris pose la question : I have a sum of cash that I want to use as a deposit ($ 5 000) and a lender will lend me 65% of the purchase price. How do I calculate the maximum value I can borrow? Stephen La Rocque lui répond.
	A loan of $50,000		2005-12-14
		Fre pose la question : A loan of $50,000 taken today is payable within five years. a. determine the annual payments within to be made to repay the loan if interest is charged at a rate of 10% compounded annually b. show the amortization schedule Penny Nom lui répond.
	Payment plus interest		2004-09-14
		Penny pose la question : Brian wants to borrow some money from Margaret. After three years he is to pay X back plus one interest sum of 25%. If he is pays back a total of $3800, what was the original sum borrowed? Penny Nom lui répond.
	Interest owing		2002-03-17
		Dean pose la question : I am an investor. If I lend to someone on January 1, 1999, $1000 to be paid back interest at 2% per year (simple interest, ie not compounded), and on July 15, 1999, I lend the same person $1,500 more (total loan is now $2,500) but at 18%, and once again on October 15, 1999, I lend to the same person another $1,500, and the person pays me back the principle($4,000) and interest on January 1,2001: What is the total (principle plus interest) due me? The tougher question is: what was my blended rate of return on my total outlay of money? Is there a formula you can give me so that I can perform my own calculations? Harley Weston lui répond.
	Monthly payments		2001-06-12
		Anthony pose la question : This question is base on my interest. I would like to know the formula for calculating this example: If you borrow $10,000 from a bank with an APR of 11.7% to be paid off in 5 years, what is your monthly payment? Penny Nom lui répond.
	Rule of 78		2000-03-22
		Dan Baumgarten pose la question : Can you explain the rule of 78 and the reverse rule of 78? Thanks. Claude Tardif lui répond.
	Compound Interest		1999-07-01
		Kim Palmer pose la question : In early 1997, my son borrowed $4831 at 7.5%. He has made 30 monthly payments of $130 each. He is now in a position to pay off the balance. What is his remaining principal? Penny Nom lui répond.

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