more languages
Example 1: A small loan at a value of 2000 euro is to be erased in 30 months (= 2.5 years) with a interest rate of 9.8. Is the monthly rate how high? (75.44)
| Principal | 2000 | Years = | 2,5 |
| Interrest Rate | 9.8 | Paymaent per Year | 12 |
Example 2: A mortgage at a value of 120.000 euro with half-yearly
payment and an initial repayment is erased by 2 per cent and a interest
rate of 6.43 per cent.
Is the balance of debt how high after 10 years? (87041.02)
| Principal | 120000 | Initial repayment= | 2 |
| Interrest Rate | 6.43 | Paymaent per Year | 2 |
Author of the grid Thomas Müller (thanks):