The monthly payment is : 1635.76
for calculations more than a year you can use..
http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
The Discover Student More card offers and introductory 0 percent interest rate for up to 6 months. After that, the interest rate is variable at 13 percent on up to 20 percent for purchases.
$1.25
There are a number of credit cards that offer a zero percent interest for the first year. Many of the Citi credit cards offer zero interest for up to 18 months. Other cards include Chase Freedom, Capital One and Discover.
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/-
Form 1098 (Mortgage Interest Statement) gives the total amount that you paid in mortgage interest on your property. If you lived there for part of the year and then rented it, you need to allocate the amount to two different forms. Nine months is three-fourths of the year. So you enter 75 percent of the total mortgage interest in the "Interest you paid" section of Schedule A (Itemized Deductions). You enter 25 percent of the total mortgage interest on line 12 of Schedule E (Supplemental Income and Loss) for the three months that you rented it.
200
14
Eleven..? months? years?. Simple or compound interest?
42
1168.21
The Discover Student More card offers and introductory 0 percent interest rate for up to 6 months. After that, the interest rate is variable at 13 percent on up to 20 percent for purchases.
.05% or 1/20th of a percent
3 months
21.28
21.28
(15 x 6.75)/3 ie 33.75
"5 percent" means 5 percent per year.30 months = 2.5 years.2.5 times 5 percent = 12.5 percent = 0.1250.125 x 16,000 = 2,000