RaikesCohort2013 / code-one-2015

FNB Code One Omaha 2015 - Team Squad
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Debt Planning - Formulas #17

Closed Brobin closed 9 years ago

Brobin commented 9 years ago

Flesh out the knockout forms to calculate debt

Brobin commented 9 years ago

Copied from @nleger67 #2

EMI = ( P × r × (1+r)n ) / ((1+r)n − 1) EMI <- Estimated monthly installment P <- Loan amount r <- Monthly interest rate n <- number of periods