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How to calculate interest for current month only
i have to calculate interest for the remaining balance for current month
only, not sure what formulla will work |
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#2
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How to calculate interest for current month only
check this
http://office.microsoft.com/en-us/ex...091451033.aspx On Nov 6, 10:46*pm, ksadiq wrote: i have to calculate interest for the remaining balance for current month only, not sure what formulla will work |
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#3
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How to calculate interest for current month only
I calculate the interest portion of my monthly mortgage payment as
(current balance) * (annual interest rate) / 12. "ksadiq" wrote: i have to calculate interest for the remaining balance for current month only, not sure what formulla will work |
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