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?

what is the EMI you are paying...?

- Mangesh



"Safu" wrote in message
...
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?

What is EMI stand for?

"Mangesh Yadav" wrote:

what is the EMI you are paying...?

- Mangesh



"Safu" wrote in message
...
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?

Sorry, its the Equal Monthly Installment.
or the equaly monthly repayment towards the loan

Mangesh



"Safu" wrote in message
...
What is EMI stand for?

"Mangesh Yadav" wrote:

what is the EMI you are paying...?

- Mangesh



"Safu" wrote in message
...
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?

OK, EMI is 168.75

"Mangesh Yadav" wrote:

Sorry, its the Equal Monthly Installment.
or the equaly monthly repayment towards the loan

Mangesh



"Safu" wrote in message
...
What is EMI stand for?

"Mangesh Yadav" wrote:

what is the EMI you are paying...?

- Mangesh



"Safu" wrote in message
...
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?

Hi Safu,

The figure 168.75 is a result of the formula
=PMT(13.12%/12, 96, -10000)

Infact I had asked you for the EMI as I wanted to know from where you are
getting at the rate of 7.75%

As Ron pointed out, can you tell us from where you got the 7.75% figure.

- Mangesh


"Safu" wrote in message
...
OK, EMI is 168.75

"Mangesh Yadav" wrote:

Sorry, its the Equal Monthly Installment.
or the equaly monthly repayment towards the loan

Mangesh



"Safu" wrote in message
...
What is EMI stand for?

"Mangesh Yadav" wrote:

what is the EMI you are paying...?

- Mangesh



"Safu" wrote in message
...
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?

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