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    Ram Lal's Avatar
    Ram Lal Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 20, 2009, 07:01 AM
    Calcclate time to clear the said Loan
    Loan: $10,000.00
    Interest Rate: 9% Per Anum
    Instalment: $360 Per month
    Please provide the Equation to calculate the number of instalment to pay the loan.


    Thanks
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 20, 2009, 07:01 AM

    Please review the guidelines on asking for help with homework that can be found here:



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