Basic Financial Mathematics

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Constant Perpetuity

Calculation of Monthly Payment on a Loan

Basic Data:

1. Loan Value:
? Present Value. Do not use decimals. Example: 5000000

2. Number of Months:
? Integer number. Example: 24

3. Monthly Interest Rate (%):
? You can use decimals, separated by comma or period. Example: 2,53







By César Alejandro Guerrero For SmartGigas.com