Loan Formulae


Posted by Simon Gordon on October 02, 2000 1:13 PM

I have college assignment need a formulae

Loan £15,000
Months 36
Apr 13.9%
I could do with an excel formulae to work out several different qty's to give me monthly repayments and total payed back.
Thanks
Simon



Posted by Loren on October 02, 2000 1:28 PM

Look up "payment" in the help; several good examples
to pick from.