EMI CALCULATOR here we have calculated emi , given the

P ₹ 100,000.00 principle amount, rate of interest,& the

R 9% loan term. EMI.....=PMT
T 3
EMI ₹ 39,505.48

LOAN REPAYMENTS

P ₹ 100,000
R 9%
T 3

principle
period opening bal EMI interest amt paid
1 ₹ 100,000.0 ₹ 39,505.5 ₹ 9,000.0 ₹ 30,505.5
2 ₹ 69,494.5 ₹ 39,505.5 ₹ 6,254.5 ₹ 33,251.0
3 ₹ 36,243.6 ₹ 39,505.5 ₹ 3,261.9 ₹ 36,243.6

DEPRICIATION

Straight line double declining

method balance

STRAIGHT LINE METHOD:

Cost-salvage value/useful life (in yrs.)=depriciation for each yr.

DOUBLE DECLINING MEHTOD:

Rate of dep.= 2*(100/asset useful life)%

SUM OF YRS. DIGIT MEHTOD:

Dep. Expense for each yr.= (remaining life/sum of digits yr)*(cost of asset- salvage value)

COST OF ASSET ₹ 100,000

SALVAGE VALUE ₹ 10,000
USEFUL LIFE 5
 (=SLN) (=DDB) (=SYD)
sum of
Period strt. Line dbl. decl. yrs.digit
1 ₹ 18,000 ₹ 40,000 ₹ 30,000
2 ₹ 18,000 ₹ 24,000 ₹ 24,000
3 ₹ 18,000 ₹ 14,400 ₹ 18,000
4 ₹ 18,000 ₹ 8,640 ₹ 12,000
5 ₹ 18,000 ₹ 2,960 ₹ 6,000
 P ₹ 150,000 What is the rate of interest applied
emi , given the by the bank in the case?
interest,& the R ???? =RATE
T 5
EMI -₹ 41,000
Rate of interest 11.41%

WHAT IS THE TERM OF LOAN?

=NPER
P ₹ 220,000
R 14%
T ????
EMI -₹ 60,000

#VALUE! TERM 5.50

₹ 69,494.52
₹ 36,243.56
₹ 0.00

DEPRICIATION

Sum of years
double declining digit
balance
st applied

OAN?