Dear All I want to Know about the formula to calculate the installment amount:
If loan amount is : 100000/- Years : 3Years Rate of Interest : 14.50% P.A. Mode of Insallment : Monthly. 1)What will be the installment amount . Pls suggest by formula 2) If we Know the installment amount and rate of interst is not known to us then how can we calculate the Interest rate.? 3) If we Know both about the Rate and Insallment then how can i prepare the loan chart for years to know the total interest. Kindly help me. -- Are you =EXP(E:RT) or =NOT(EXP(E:RT)) in Excel? And do you wanna be? It’s =TIME(2,DO:IT,N:OW) ! Join official Facebook page of this forum @ https://www.facebook.com/discussexcel FORUM RULES 1) Use concise, accurate thread titles. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will not get quick attention or may not be answered. 2) Don't post a question in the thread of another member. 3) Don't post questions regarding breaking or bypassing any security measure. 4) Acknowledge the responses you receive, good or bad. 5) Jobs posting is not allowed. 6) Sharing copyrighted material and their links is not allowed. NOTE : Don't ever post confidential data in a workbook. Forum owners and members are not responsible for any loss. --- You received this message because you are subscribed to the Google Groups "MS EXCEL AND VBA MACROS" group. To unsubscribe from this group and stop receiving emails from it, send an email to excel-macros+unsubscr...@googlegroups.com. To post to this group, send email to excel-macros@googlegroups.com. Visit this group at http://groups.google.com/group/excel-macros?hl=en. For more options, visit https://groups.google.com/groups/opt_out.