New answers tagged

1 vote

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. ...
Chris Degnen's user avatar
  • 9,677
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 ...
Chris Degnen's user avatar
  • 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 ...
keshlam's user avatar
  • 42.9k

Top 50 recent answers are included