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