How To Calculate Rate Of Interest On Loan Amount
This video explains and provides an example of a discounted loan. Also, find total amount back at end of loan.
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Learn how to calculate the interest paid on an loan that uses simple interest.
Bob borrows $5000 to pay off some bills and catch up on car payments. How to use the monthly payment formula for mortgages/loans with fixed interest rates. This video is about total interest on a loan.
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The bank offers him a discount loan with an advertised rate of 75% (simple interest) f. This video explains how to determine an equivalent simple interest from a given amount of earned. You can calculate emi of your loan on calculator by watching this video to watch my other videos, kindly click following link 1.
To see a calculator for loans on simple interest, see.
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How To Calculate Rate Of Interest On Loan Amount
