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Type: Posts; User: JMRKER

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by JMRKER
Replies
25
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8,055

### What does your error console say?

What does your error console say?

by JMRKER
Replies
25
Views
8,055

### Sorry, I never received a PM from you :confused:...

Sorry, I never received a PM from you
:confused: (Yet?)

by JMRKER
Replies
25
Views
8,055

### I agree and is what I have been asking for since...

I agree and is what I have been asking for since post #2!
As I said, I could make-up a formula but I don't believe it would be as accurate for the larger loans.

by JMRKER
Replies
25
Views
8,055

### I have a solution, but I don't know if the...

I have a solution, but I don't know if the formula is acceptable.

You could use the follow formulas:
I = P x R x T
where I = Interest, P = Principal, R = Rate (%) and T = Term (years)
If Term...

by JMRKER
Replies
25
Views
8,055

### Given that the formula for interest is: I = Prt...

Given that the formula for interest is: I = Prt
or Interest = Principal x rate x term

What is the formula you are using that incorporates (payment amount) and (payment frequency)?
And how does...
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