Loan, EMI and Deposit Interest Calculation using Calclulator App

Use the "Personal Finance" option in home screen of Calculator App. Following calculations can be performed -

Options



For Deposits, Calculate


For Loans, Calculate



For deposits following notations are used for inputs wherever required - 

P - Principal Deposit Amount.

A - Maturity Amount.

M - Deposit Period in M Months. (Can be in Fraction to include Days)

Years will be calculated as M/12.

R - Simple/Compound Interest Rate % per Year.

C - No of times Compounding done in a Year.

For quarterly Compounding N is 4.

For half yearly Compounding N is 2.

For yearly Compounding N is 1

 

For Loan/EMI following notations are used for inputs wherever required - 

P - Loan Amount.

I - Installment Amount.

N - No of installments in an Year.

For EMI (Monthly Installments) N is 12 per Year.

M - Total Loan Period in M Months. (Can be in Fraction to include Days)

Years will be calculated as M/12.

R - Compound Interest Rate % per Year.

C - No of times Compounding done in a Year.

B - Installment Paid at the Beginning or End of Installment period.

(1 is Beginning and 0 is End) 


Use "Calculate All" to generate the output calculation report after providing the required inputs.

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