2006-08-12 20:38:24 · 3 answers · asked by banker 1 in Business & Finance ➔ Personal Finance
i have received a answer but my question was i want to do a mathematical calculation without using the excel or any other predefined softwares,
2006-08-12 20:49:11 · update #1
Open the site
http://www.bangaloreproperties.com/cal.htm
Feed loan amount/Loan Period/Rate of interest
Lo here is EMI
BEST OF LUCK
2006-08-12 20:45:35 · answer #1 · answered by PK LAMBA 6 · 0⤊ 0⤋
Loan amount X flat roi X tenure + loam amount / no of months= equated monthly instalment
eg
100000 x 15%pa=15000 x 5yrs=75000 + lam 100000=175000/60months=2926.666 EMI
2006-08-13 09:50:51 · answer #2 · answered by Raju J 1 · 1⤊ 0⤋
This is extremely complicated. You either need a set of pre-determined tables, a financial calculator, or software to calculate this accurately.
2006-08-13 05:03:17 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋