Good one, but the principal amount calculation varies in some cases. For example, for a loan amount of Rs. 40,000 with 12 installments, then 40,000/12 = 3,333.33; whereas we get a figure more than this amount.
Thank you,
KRISHNARAJ P R
9840355204
From India, Madras
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How to easily calculate your loan costs with this handy worksheet Please find attached “ 8221; for your records. this worksheet can help you calculate the loan costs easily. enter values into the yellow boxes and results will be... 3 Replies1 Files4 Participants