answersLogoWhite

0

What else can I help you with?

Related Questions

How do you calculate the monthly credit card payment?

To calculate the monthly credit card payment, you can use the formula: Payment (Balance x (Interest Rate/12)) / (1 - (1 Interest Rate/12)-Number of Months). This formula takes into account the balance on the card, the interest rate, and the number of months you want to pay off the balance.


How does amex calculate your minimum payment?

Minimum payments are a percentage of your current balance. As your balance lowers, so does your minimum payment amount. For a specific equation on how the minimum payment is calculated, contact Amex directly.


Advantages and disadvantage of balance of payment?

advantages of balance of payment


Advantages and disadvantages of balance of payment?

advantages of balance of payment


What would be your payment for 1400.00 balance?

To determine the payment for a $1,400.00 balance, additional information is needed, such as the interest rate, payment term, and whether it's a loan or a credit card balance. For example, if it's a loan with a fixed interest rate and a specific term, you would calculate the monthly payment using a loan amortization formula. If it's a credit card, the minimum payment might be a percentage of the balance or a flat fee set by the issuer. Please provide more details for a precise calculation.


India's balance of payment since 1991?

India's balance of payment since 1991


Does the balance of payment always balance?

International Balance of Payments


How do i calculate loan payments?

Cut & pase this link into your browser: http://rws.rwstools.com/templateroot/Calculators.asp?PVLID=26316 Or you can do it the hard way: payment = Balance*(int/(1-(1/(1+int)^term))) Balance = the balance of the loan int = the interest rate divided by 1200 term = the number of years to payoff the loan times 12 Also, if you have Microsoft Excel, there is a function that calculates loan payments.


How do you calculate late accrued interest for mortgage payment?

To calculate late accrued interest for a mortgage payment, first determine the daily interest rate by dividing the annual interest rate by 365. Next, calculate the number of days the payment is late. Multiply the outstanding principal balance by the daily interest rate and the number of late days to find the total late accrued interest. This amount can then be added to the next payment or paid separately, depending on the lender's policies.


How do you calculate the principal and interest payment for a loan?

To calculate the principal and interest payment for a loan, you can use the formula: Payment Principal x (Interest Rate / 12) / (1 - (1 Interest Rate / 12)(-Number of Payments)). This formula takes into account the loan amount (principal), the interest rate, and the number of payments.


Elements of balance of payment?

Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.


Why would it be useful to examine a country's balance of payment data?

why would it be useful to examine a country balance of payment data