Your terminology is very specific to your home country. Unless you have someone
there who is monitoring this group, you'll have to rephrase your question so we
can understand the terms.

What is "/-"?
What are "monthly rests"?
Why do you pay off the principal first and the interest last? Most payments are
amortized principal and interest.
What is "EMI"?

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Regards,
Fred


"via135" wrote in message
...

i am getting a loan of Rs10000/- @ 10% pa with monthly rests and the
loan is payable in 18 months (15 months for principal and 3 months for
interest portion). can i have a formula to find out the EMI for the
loan together with the intt as well as the FV of my loan? hlp pl..??!!

-via135


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via135
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