Interest Rate in Loan Formulas

Interest Rate is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets. And is denoted by R.

Loan formulas that make use of Interest Rate

fxEMIGo

fxLoan AmountGo

fxEMI of Car LoanGo

fxNumber of MonthsGo

fxMonthly PaymentGo

FAQ

What is the Interest Rate?

Interest Rate is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.

Can the Interest Rate be negative?

{YesorNo}, the Interest Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

Let Others Know

✖

Facebook

Twitter

Copied!