What is the formula for EMI Calculation ?
By IndianMoney , 10 months ago
IndianMoney
10 months ago
EMI = [P*R*(1+R)^N] / [(1+R)^N -1] P=Principal amount , R= Rate of interest and N=Repayment period
Trending Questions
Recent Questions
Related Questions
- i have taken 50000 education loan from kvg bank in2014 2015 what will be the interest i have to repay now?
- What is a Medical Loan?
- What are the current interest rates on Medical Loans?
- What are the eligibility criteria for a Medical Loan?
- Can I get a loan for surgery?
- What credit score do you need for a medical loan?
