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)
|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)
|Interrest Rate||6.43||Paymaent per Year||2|
Author of the grid Thomas Müller (thanks):