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    Paul John
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    This document contains calculations related to a loan. It calculates the present value, future value, interest rate, annual savings, and amortization schedule for a loan with a principal of Rs. 100,000, interest rate of 10%, term of 3 years, and equated monthly installments of Rs. 4,000. It determines that the principal will be fully paid off after 3 years, the annual savings from the loan is Rs. 7,659.50, and the effective annual percentage rate is 9.56%.

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    Adobe Scan Dec 10, 2022

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    This document contains calculations related to a loan. It calculates the present value, future value, interest rate, annual savings, and amortization schedule for a loan with a principal of Rs. 100,000, interest rate of 10%, term of 3 years, and equated monthly installments of Rs. 4,000. It determines that the principal will be fully paid off after 3 years, the annual savings from the loan is Rs. 7,659.50, and the effective annual percentage rate is 9.56%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    15 views4 pages

    Adobe Scan Dec 10, 2022

    Uploaded by

    Paul John
    This document contains calculations related to a loan. It calculates the present value, future value, interest rate, annual savings, and amortization schedule for a loan with a principal of Rs. 100,000, interest rate of 10%, term of 3 years, and equated monthly installments of Rs. 4,000. It determines that the principal will be fully paid off after 3 years, the annual savings from the loan is Rs. 7,659.50, and the effective annual percentage rate is 9.56%.

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    © All Rights Reserved
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