Texas Instruments BA-II Plus Calculator "interest" Questions

How do you calculate and charge interest on outstanding accounts That question is much more complicated than you think - are you charging interest percentage daily? Weekly? Monthly? Anually? Once you ...

...the same as textbook answer) using my sharp calculator EL738: Monthly payment for $184,500 at 6.75% interest semi annually, for 5 year term and 25 year amortization. The sharp gives $1274.73 but the ...

when interest is compounded why does the accrued amount not become the principal aount for the next period of time It becomes part of the new principal. The new principal is equal to the old principal

...equation. What is the principal that must be invested for 6 years at 10.5% to earn R2200.50 simple interest With simple interest, there is no compounding. To earn 2200.50 interest in six years, you ...

Monthly interest Rate is 1.5% and the factor for 24 is .5666667 Principal loan is Php218,009.78 payable in 24 equal monthly installments of Php12,353.89. Qouted Interest rate per month is 1.5%. I am ...

Reducing method interest calculation Dear Sir, let me know about reducing method interest calculation please. P=27000 R=8.5%PA (Reducing) & T=12Months Loan of Rs.50,000/- reducing interest to ...

When the calculator is turned on, the display reads 0,00 and then in the below right side there is a letter C. How do I clear this? If the C indicator is displayed it reminds you that interests are ...

My hp is giving me wrong principal and interest payments. Various formulas for calculating interests exist. Make sure you are using the correct one. If a C appears on the bottom of the screen and to ...

How to calculate interest rate based on original balance and payment amount using BA II Plus Work with the simple formula: Interest = Initial * rate * time To find the total amount, add the Initial ...