There are probably a million calculators online now, covering anything from mortgages to compound interest to savings at various rates, etc., etc. Please post your calculator links so we can all benefit. A very brief description would be helpful too. .
Mega Converter - Payment Predictor - Finance Interest - Cost of Living Web's Most Powerful On-line Calculator
Hehehha,,, oh yeah, *cough* It's way rad isn't it? Kids have the coolest toys. It appears it has been around for a while. I found it pre-CN when in search for help on explaining the differences in volume, metrics, area and such.
"I don't trust none of 'em for sheeee-t !", as Slim Pickens would have said. You can calculate just about anything you need to with the following equation: Code: B x i/n P = --------------------- -N [1 - (1 + i/n)^ ] Where: P = periodic payment amount B = original balance i = % nominal annual interest rate / 100 n = number of payments per year N = number of payments in the loan ("^" denotes raising the quantity in ()'s to the -N power) Of course, if you don't have a calculator handy, yoor SOL with this method, poddner !
Well, in the gray light of a cloudy Houston morning, I can see that what I provided obviously only addresses amortization. If anyone finds it useful, I can post more formulas. However, taking Butch's request at face value, if could be beside the point to give formulas you need a calculator and/or a spreadsheet program for. <BUMP> in any event !
