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    saad abbas's Avatar
    saad abbas Posts: 7, Reputation: 1
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    #1

    Feb 11, 2013, 12:46 PM
    Amortization table
    Prepare an amortizaion schedule based on:
    1 principal amount Rs 300,000
    2 interest rate13%
    3 period 5 years
    4 yearly installment Rs 85,294
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Feb 11, 2013, 12:54 PM
    We help - we don't do your work for you.
    saad abbas's Avatar
    saad abbas Posts: 7, Reputation: 1
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    #3

    Feb 11, 2013, 01:31 PM
    Please help me
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #4

    Feb 11, 2013, 01:51 PM
    If you Google 'amortization calculator' you will get dozens. You put in your numbers, and get a table. If you have Excel, it's included. If you don't have Excel, you can download Open Office for free. Here's one: Loan Amortization Table Calculator

    Scroll down the page. It looks to me like the monthly payments add up to your yearly amount. You don't need to put that number into the calculator. Don't worry about rupees vs dollars.
    saad abbas's Avatar
    saad abbas Posts: 7, Reputation: 1
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    #5

    Feb 11, 2013, 01:56 PM
    OK thank u so much...
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