interest payment

POSTED BY prabhoov ON July 15, 2012 6:51 pm ONE COMMENT

Hi,

Suppose I receive loan every month Rs. 50,000/- and pay interest 10.5% p.a what will be the interest after 30 months ? How to calculate ? Can any one explain me.

One reply on this article “interest payment”

  1. Dear Prabhoov, please prepare a exl. sheet. & put in the details. For each month the interest rate ‘ll be 10.5%/12.

    thanks

    Ashal

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