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questions
5
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Should I take advantage of "interest-free" credit when buying something? [duplicate]
If I buy something like a smartphone or a new PC, when you have these choice:
Pay all the cost at the moment.
Pay it in 6/12/18 months (with loan but without any interest rate and any extra cost).
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2
votes
1
answer
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Calculating total number of monthly payments in Excel using NPER and PMT?
How to calculate the total number of monthly payments given the amount of loan ($275,000), the annual interest rate (4.35%) and the number of years (30)? I'm confused because I'm trying to use the ...
1
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4
answers
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How to calculate Annual Percentage Rate of a loan with unequal periodic payments?
Let's say we borrow a loan of $1000. We pay back to bank $100 per month but for some stupid reason the last payment is smaller and equals $50. This is a common case in my country. How then the APR ...