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    Lund Dee's Avatar
    Lund Dee Posts: 1, Reputation: 1
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    #1

    Mar 17, 2009, 03:21 AM
    Straight interest and applying payments for a loan
    How is straight line interest calculated and payments applied?
    sarnian's Avatar
    sarnian Posts: 462, Reputation: 9
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    #2

    Mar 17, 2009, 05:20 AM
    Hello Lund Dee

    Have a look here for the answer to your question (link) See page 127
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