On Thu, 12 May 2005 08:14:01 -0700, "Safu"
wrote:

Please if anybody can help me how to calculate back the APR rate to Actual
Interest Rate.
Loan = 10K @ 96 mth = 13.1210%
So 13.1210% = 7.75% (Actual Interest Rate)

Any formula that can help me?

I don't understand how you develop an actual interest rate of 7.75%, given your
values (and your monthly payment from another thread).

How are you defining "ACTUAL interest rate"?


--ron