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Payment rate
  Computes the rate (interest) for a given loan payment. UNDER CONSTRUCTION
2024.Nov.25 03:32:27
Periodic payment $ (money unit) Periodic payment of loan (typically monthly). •
Frequency / year Freq. (no.) of payments (typically, monthly). •
Duration years Loan duration. •
Present value, PV $ (money unit) Present value of loan (or "principal"). •
Rate Nominal Effective Type of rate.
Rate in % Guess interval containing rate. •
Details No Yes Show (monthly) details.
Show values No Yes Show graph coordinates.

Computes the interest rate for a loan of present value (amount) PV, for a given periodic payment (typically monthly), with a given frequency (at the end of each period) lasting a duration (see the "Loan paynent" plate).

References: Plate: LoanRate

• Google search: "loan payment" calculation.

• 1906-10-30: Tikhonov, Andrey Nikolayevich (1993-10-07).

 
 
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Created: 2013-10-29 — Last modified: 2013-10-30