New answers tagged calculation
1
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How to solve amortization schedule where 10% of the interest is paid back on 4th payment
Here is a quick solution done in Mathematica, using its computer algebra.
Since the first payment is in October I presume the loan commences September, so the first month gains 30 days interest. ...
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3
votes
What is the correct Formula for calculating fund growth with fees
The results in the article quoted can be calculated as follows.
With
s = future value
a = periodic deposit
n = number of periods
r = periodic rate
Setting the future value s equal to the sum of the ...
- 9,677
4
votes
Accepted
What is the correct Formula for calculating fund growth with fees
In simplest terms, if the fee is a percentage, you can subtract it directly from the percentage yield. That is, a fund with a 1% fee and 8% yield will be no better for you as an investor than a fund ...
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