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a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.

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14y ago

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How do you calculate the Principal repaid after a period of time on a loan?

get the difference of interest rate and monthly periodic payment


What is monthly paid?

Monthly payment means you get paid a small or big amount of money. Weekly payment means you get paid once a week. Daily payment means you get paid everyday. Yearly... i'm not sure about that, ask an adult or someone you know.


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That means two payments per month.


What does monthly payment mean?

A monthly payment means a set amount of money which must be paid each month based on an agreement. This is commonly done for goods and services.


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How does the down payment affect the monthly payment amount when purchasing a car?

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How can I calculate the monthly payment with APR?

To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.


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