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Fixed & Reducing Balance Loan Calculation.
Hi.
Could anyone, please guide me following two questions. Loan Calculation For Fixed Annual Interest Rate Reducing Balance Annual Interest Rate Prinicipale Amount : 800,000 Profit Rate: 5.9 % Per Anum Years: 20 Advise formula for both type of calculation, to know installment per month or per year basis. Regards. Assad |
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