How to principal payment calculation in EMI? Give me example.

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06-08-2021
Computers and Technology

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How to principal payment calculation in EMI? Give me example.

Sagot :

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magarbabitaphal magarbabitaphal · Answer 1 · 2021-08-06T09:47:34-04:00

magarbabitaphal magarbabitaphal

06-08-2021

Answer:

o calculate EMI

The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/((1 + r)n - 1) where P= Loan amount, r= interest rate, n=tenure in number of months.

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ziggydepri07 ziggydepri07 · Answer 2 · 2021-08-06T13:04:32-04:00

ziggydepri07 ziggydepri07

06-08-2021

Answer:

yea

Explanation:

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