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CALCULATE PAYMENTS ON A LOAN

THIS WILL CALCULATE: If you know the loan amount and the annual interest, this will calculate your periodic payment.

EXAMPLE: You borrow $80,000 and agree to pay it back in equal monthly payments over 30 years at 8% interest, what is your periodic payment.

See how to calculate this example on a:
HP12C  or  HP10B

 

Loan Amount:
Interest Rate:
Payment Intervals:
Number of Years:

Periodic Payment:

    




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