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Say, I want to give an amount of $100,000 as a Loan on 15% IRR for 36
Months, if last 6 instalments/cash flows are mentioned in Amortization Schedule say $100/=, how can I calculate the 1st 30 instalments/cash flows. Some one told me that I have to use quadratic equation in Excel, but I don't know how to use it, any idea please ? Best Regards, Luqman |
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Luqman,
I don't know about a quadratic equation, but a "Goal seek" would do it, if you have an amorization shcedule set up. On a $100,000 loan at 15%, for 36 months, with the last 6 cash flows = $100, the first 30 cash flows would be $4,001.95. I sent you a workbook using the e-mail address you provided. Don "Luqman" wrote in message ... Say, I want to give an amount of $100,000 as a Loan on 15% IRR for 36 Months, if last 6 instalments/cash flows are mentioned in Amortization Schedule say $100/=, how can I calculate the 1st 30 instalments/cash flows. Some one told me that I have to use quadratic equation in Excel, but I don't know how to use it, any idea please ? Best Regards, Luqman |
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