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Results tagged with amortization
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user 59623
any question related to the amortization of loan. Also refered to as EMI or repayment schedule
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Calculating Amortization Payment Amount when first payment is early
Example:
Loan Amount: $100
Interest: 10%
Loan Date: January 1st, 2018
First Payment Date: January 15th, 2018
Term: 10 Years, payments made yearly on January 15th
Normally I'd use the Amortization …
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