At www.HSH.com you can quickly calculate what your principal and interest will be on the life of your loan. Just enter the information asked for and the calculator will do the work for you.
To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.
The formula used to calculate your interest is the principle balance, multiplied by the monthly interest rate. Then you mulitply that by the number of months in which you last paid interest.
it is the principal amount... i.e., the amount for which u have to calculate the interest Enjoy!! Kush
Pmt/principal
To calculate an interest (as money), multiply the capital, times the interest rate (divided by 100, if it is expressed in percent), times the number of periods. The above assumes simple interest; compound interest is a bit more complicated.
Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.
The formula to calculate interest is as follows: Interest = Principal * No. of years * Rate of Interest / 100 So Interest = 10000 * 0.5 * 8 / 100 = 400/- The interest you will receive interest at the end of the 6 month period is Rs. 400/-
Well that is easy there is none and there is no way you can do that
how is line of credit interest calculated
Annual Interest Rate divided by 12= Monthly Interest Rate
14.4 %. A+