How To Calculate Loan Payments And Amortization On The Back Of An Envelope With A Cheap Calculator
In a previous article, we presented a simple formula for calculating the monthly payment amount for a home mortgage loan. The formula applies to any compound interest loan. The only special equipment you need is a calculator with a power function key. That’s the key with the superscript yx (y ^ x). If you have kids in school, you probably […]
Recent Comments