Calculation of Effective Rate of Interest of Hire Purchase by Trial and Error Method [Archive]

View Full Version : Calculation of Effective Rate of Interest of Hire Purchase by Trial and Error Method

captdheenu

Jan 26, 2009, 05:29 AM

I am a student of Distance Education MBA. I would like to know how to calculate Effective Rate of Interest of Hire Purchase by Trial and Error Method for my exam

ROLCAM

Jan 26, 2009, 05:43 AM

You might find this helpful.
Please look at:-

ProCognis FAS91 Tool (http://www.procognis.com/products/tools/fas91.php?gclid=CNzotLagrJgCFQw9GgodZ1emmw)