2006-09-28 22:32:53 · 4 answers · asked by Anonymous in Education & Reference ➔ Other - Education
I've never heard of EMI in connection with personal loans. Do you mean APR - Annual Percentage Rate? Do you live in the UK or US?? If you state the formula, we will try to help
2006-09-28 22:47:20 · answer #1 · answered by Charlie Babbage 5 · 0⤊ 0⤋
1
2016-09-28 13:07:50 · answer #2 · answered by Scarlett 3 · 0⤊ 0⤋
assume that if u availed a person loan 10000 and presntly if have a capacity to repayment once dont do this just repay 98000 or plus and after next few day you refund 2000 the bank will calculte interest for 2000 only means you should never go to refund if you have full payment capacity, in such case bank will calculte interest for whole amt
2006-09-30 20:58:23 · answer #3 · answered by Raaj4sneha 1 · 0⤊ 0⤋
You could use the function PMT in Excel.
Click on fx, finance and then on PMT.
Use help for any explanations.
2006-09-29 01:23:46 · answer #4 · answered by Longfellow 3 · 0⤊ 0⤋