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  • Interest Calculator

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    donato amy
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    This document contains financial information about a 2-year loan with an annual interest rate of 3.34%, a monthly payment of $31.27, an original loan amount of $725, and total interest paid of $25.49. The average monthly interest expense was $1.06. A graph shows the relationship between time (W) and some value, with the value increasing dramatically from 0 to 3.

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    This document contains financial information about a 2-year loan with an annual interest rate of 3.34%, a monthly payment of $31.27, an original loan amount of $725, and total interest paid of $25.49. The average monthly interest expense was $1.06. A graph shows the relationship between time (W) and some value, with the value increasing dramatically from 0 to 3.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views3 pages

    Interest Calculator

    Uploaded by

    donato amy
    This document contains financial information about a 2-year loan with an annual interest rate of 3.34%, a monthly payment of $31.27, an original loan amount of $725, and total interest paid of $25.49. The average monthly interest expense was $1.06. A graph shows the relationship between time (W) and some value, with the value increasing dramatically from 0 to 3.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    annual intersr 0.

    0334
    Period rate (rate) 0.0027833333333
    Number of year 2
    payment s per year 12
    nper 24
    loan amount (pv) 725
    Monthly payment (PMT) ($31.27)
    loan amount with interest ($750.49)
    interest expense ($25.49)
    avaerage monthly interest expense ($1.06)

    0.5154168
    D W
    0.5 0.296
    1 2.37
    1.5 8
    2 18.962
    2.5 37.037 W
    3 64 70

    60

    50

    40

    30

    20

    10

    0
    0 0.5 1 1.5 2
    W

    1.5 2 2.5 3 3.5

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