This excel tutorial shows how to calculate the principal and interest payments of a loan. How the bank calculates interest on your home loan in simple terms with example.
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This video explains and provides an example of a discounted loan. You can calculate emi of your loan on calculator by watching this video to watch my other videos, kindly click following link 1. In this lesson we build a compound interest calculator to calculate how much the bank will pay you if save certain amount of money bank.
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To see a calculator for loans on simple interest, see. This video is about total interest on a loan.
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